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Money laundering: EFCC to now target bank MDs

EFCC boss Magu vows to eradicate corruption in 12 months

The Economic and Financial Crimes Commission (EFCC) chairman, Ibrahim Magu, says the searchlight against corrupt Nigerians will soon be beaming on banks’ managing directors in the country.

Magu who ruled out the possibility of sparing any corrupt person in the fight and ensuring that any Nigerian who commits an economic crime must pay for it, maintained that he is ready to take the war to an end and give the nation a new lease of life.

Read also: Ex-cop, two security guards nabbed for stealing

He said, “There is no sacred cow as far as this fight against corruption is concerned. We will go after anybody who has committed an offence. We will collect the money back, so that it will go back to the treasury and be used for the original purposes.

“I don’t care whether you’re black or white or you come from party A or Party B; the moment it can be established that you have stolen from the public treasury, we will go after you. Even right here (in EFCC), if we discover that you’re corrupt, we will kick you out. And we are already doing that. So we don’t go after innocent people. We are going after the thieves of state resources.”

This coming at a time he is being accused of corruption, engaging in selective graft war and facing possible removal by some influential presidential aides.

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