Ibrahim Magu, the suspended Acting EFCC Chairman

The Nigerian Presidency on Saturday issued its first official statement on the ongoing probe of Ibrahim Magu, the now suspended acting chairman of Economic and Financial Crimes Commission.

Magu who was arrested on Monday has been appearing before a panel probing activities of the anti-graft agency headed by retired Justice Ayo Salami sitting at the presidential villa.

He has been held in a police facility in Abuja since his arrest.

While there are speculations that the embattled acting Chairman of EFCC is being probed over allegations related to fraudulent disposal of assets seized from accused persons and lack of accountability, the Presidency had kept mute on the reasons for the arrest of the anti-graft czar.

The first statement on the arrest of Magu was on Friday when the Attorney General and Minister of Justice, Abubakar Malami issued a statement confirming the suspension of the Police commissioner.

The statement was issued over 72 hours after speculations and media reports that the government had indeed asked another person to take over the leadership of the Commission while Magu is facing the presidential panel.

But in its first official statement on Saturday, Malam Shehu Garba, spokesperson to President Muhammadu Buhari confirmed that Magu is being investigated based on written allegations against him and other members of his staff.

The presidency also dismissed the argument that the arrest and probe of Magu indicate that the anti-corruption war of the Buhari administration is failing.

“Those who see Mr. Magu’s investigation, as a signal that the fight against corruption is failing, have unfortunately, missed the boat.

“There is no better indication that the fight is real and active than the will to investigate allegations in an open and transparent manner against those who have been charged to be custodians of this very system.

“Under this President and Government, this is our mantra and guiding principle. There are no sacred cows, and for those who think they have a halo over their heads, their days are also numbered.

“Mr. Magu was not immune – and regardless of the obvious embarrassment that potential acts of wrongdoing by him, given the office he held, may appear for the government.

“No other administration in the history of Nigeria would have moved to bring into the light and public domain such an allegation,” Shehu said in the statement.

Read full statement below 

A series of documented allegations were made against the Ag. Chairman of the Economic and Financial Crimes Commission (EFCC). Following a preliminary review of the allegations leveled against the Ag. Chairman and several other members of his staff, there were grounds for a detailed investigation to be conducted.

Hence, an investigative panel was constituted in compliance with the extant laws governing the convening of such a body.

As is the proper procedure, when allegations are made against the Chief Executive of an institution, and in this case an institution that ought to be seen as beyond reproach, the Chief Executive has to step down from his post and allow for a transparent and unhindered investigation.

The EFCC does not revolve around the personality of an individual, and as such cannot be seen through the prism of any individual.

Therefore, the suspension of Mr. Ibrahim Magu, allows the institution to continue carrying out its mandate without the cloud of investigation hanging over its head.

The EFCC has many good, hardworking men and women who are committed to its ideal and ensuring that the wealth of our country isn’t plundered and wherein there is an act of misappropriation such person(s) are brought to justice.

Meanwhile, Mr. Magu is being availed the opportunity to defend himself and answer the allegations against him. This is how it should be, as is the fact that under the Laws of Nigeria every citizen is presumed and remains innocent until proven guilty.

We must realize that the fight against corruption is not a static event, but a dynamic and ever evolving process, in which the EFCC is just one actor; and as we continue to work towards improving our democratic process so shall every institution of ours also embark on that journey of evolution.

What is however important is that there must be accountability and transparency and our people must realize that they would be held to account. This is the building block in the fight against corruption, the establishment of the concept of Accountability and the recognition of the Rule of Law.

Those who see Mr. Magu’s investigation, as a signal that the fight against corruption is failing, have unfortunately, missed the boat.

There is no better indication that the fight is real and active than the will to investigate allegations in an open and transparent manner against those who have been charged to be custodians of this very system.

Under this President and Government, this is our mantra and guiding principle. There are no sacred cows, and for those who think they have a halo over their heads, their days are also numbered.

Mr. Magu was not immune – and regardless of the obvious embarrassment that potential acts of wrongdoing by him, given the office he held, may appear for the government.

No other administration in the history of Nigeria would have moved to bring into the light and public domain such an allegation.

Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
July 11, 2020