The federal government seems to have rekindled its mission to clamp down all looted funds, within and outside the country. Reports claim that the acting chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, has traveled down to Dubai in a bid to fish out monies and properties that may have been stashed there illegally. He is said to have also taken other top officer along with him, according to a report by Vanguard.
Although they would be attending the 2019 Intersec Security Summit, the anti-corruption officers are expected to confiscate properties that are illegally owned by Nigerians in the country.
Still speaking with Vanguard, a government official explained that since the summit was a crucial security and intelligence gathering, it will help in assisting EFCC to carry out proper investigations.
He further explained, “I can tell you authoritatively that the Nigerian team led by Magu, met with the Dubai intelligence last Monday in company of crack detectives for intelligence sharing and cooperation.
This is directly connected to the illicit assets tracing and financial flow vis-a-vis the commission’s active surveillance on vote-buying and monitoring of its funding source. You will recall that the purpose of those who looted our commonwealth is to bring in the illicit funds into the country in order to undermine national security and engage in voter inducement.
Please note that the development is capable of scaring investors, discouraging investments and crippling the economy.”
However, when asked about the authenticity of the report, the Special Assistant on media to Magu, Tony Amokeodo, refused to divulge information as regards the country they traveled to or the purpose of their travel.