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Lagos, Rivers Headquarters Of Money Laundering – Magu - Crime - Nairaland

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Lagos, Rivers Headquarters Of Money Laundering – Magu by AseV(m): 7:43pm On Jan 07, 2020
THE Acting Chairman of the Economic and Financial Crimes Commission, Mr. Ibrahim Magu, on Tuesday, described Rivers and Lagos States as the headquarters of money laundering in Nigeria.

Magu said that though Lagos State was the first in terms of money laundering, the unenviable position was followed by Rivers.


The acting EFCC chairman, who made these remarks while speaking with newsmen in Port Harcourt, pointed out that the rate of money laundering in Port Harcourt was high as a result of the oil business going on in the city.


He said, “I think Rivers State is the next to Lagos in terms of crime. This (Rivers) is the headquarters of money laundering because there is a lot of oil money here.

“I think you can rate Port Harcourt the second to maybe Lagos when you talk of people playing with sinking, diving, hiding, maybe because of the large space of oil deals.”

Maintaining that the judgement halting the EFCC from probing Rivers State governors will not stand, Magu explained that the court order obtained by the former governor of the state, Dr. Peter Odili, retraining the anti-graft agency from investigating government officials in the state had been overtaken by event.


He added that the commission would ensure that no stone was left unturned in exposing all criminal activities in Nigeria.

Magu pointed out that unfolding events in the past had shown that not even the court would stop the EFCC from performing its function of investigating and prosecuting those alleged to be involved in financial crimes.

He stated, “Nothing is going to stop us; even the issue of the court order allegedly obtained by Dr Peter Odili and co to stop the EFCC from investigation and prosecution has been overtaken by event.


“I am telling you that, that judgement cannot stand; it will only take some time. it cannot hold and we are going to conclude the investigation. There are so many investigations we are doing.

“We will take it before the court; let the court refuse to prosecute their case. I am sure the matter has suffered for about 13 years now. we are going to test it. The matter is in the Supreme Court, we will follow it up.


“That decision that is pending in the Supreme Court does not actually… cannot hold water again. There are subsequent judgements that have discarded it. Clearly, there are other judgements that came up and said nobody, not even the judge, not even the judiciary, not even the court can stop us from investigating and prosecuting.”

He, however, recalled that the anti-graft agency had been able to secure the conviction of three former governors, adding that 1,245 convictions were recorded in 2019.

https://www.google.com/amp/s/punchng.com/rivers-lagos-headquarters-of-money-laundering-magu/amp/

8 Likes 1 Share

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by Nobody: 7:54pm On Jan 07, 2020
Later they'll say they can survive without allocation.

12 Likes 5 Shares

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by Mokason28: 8:01pm On Jan 07, 2020
Rivers and Lagos State equals Amechi and Tinubu Heads Money launderers
Mr Magu please sir be bold enough to mention the names of people and companies involved in this heinous crime

171 Likes 8 Shares

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by PointZerom: 8:37pm On Jan 07, 2020
Mokason28:
Rivers and Lagos State equals Amechi and Tinubu Heads of Money launderers
Mr Magu please sir be bold enough to mention the names of people and companies involved in this heinous crime


See the answer.

170 Likes 13 Shares

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by GamalNasser: 10:55pm On Jan 07, 2020
Everybody knows Bourdillon laundry is the headquarters of laundering in Africa

154 Likes 8 Shares

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by Sunofgod(m): 11:03pm On Jan 07, 2020
They also have the most vibrant economies..... cheesy

Better money is laundered here rather than in Switzerland!

11 Likes 3 Shares

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by fidelmarshal199: 11:30pm On Jan 07, 2020
GamalNasser:
Everybody knows Bourdillon laundry is the headquarters of laundering in Africa


If you know, You know

20 Likes

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by IneedOT: 1:24am On Jan 08, 2020
Awon eyan mompha

4 Likes

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by maynation(f): 5:47am On Jan 08, 2020
With what Tinubu has done to Lagos so far, I wonder what will become of Nigeria if he ever becomes the President.

Eleyin dudu, elenu shipoti.

78 Likes 6 Shares

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by ENEMYOFGOD6: 8:06am On Jan 08, 2020
angry

1 Like

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by FryMosquito: 9:51am On Jan 08, 2020
Main Nigerian problem is embezzlement.. But who can block and correct those loopholes? nobody

4 Likes 1 Share

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by Daniel058(m): 9:51am On Jan 08, 2020
Tinubu and Amechi State grin

29 Likes 1 Share

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by wonuks(m): 9:52am On Jan 08, 2020
grin
Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by Angelparadise: 9:52am On Jan 08, 2020
Let give you a glamorous celebration

1 Like

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by Joezinho: 9:53am On Jan 08, 2020
Oga pls sit down.
What about the clowns in Aso rock? Why can't you lots investigate Ameachi and others?

7 Likes

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by fredoooooo: 9:53am On Jan 08, 2020
Asiwaju Akanbi oko iyalaya gbogbo won

1 Like

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by ImmaculateJOE(m): 9:53am On Jan 08, 2020
What about Abuja..?

Most Owners of Oil companies at Port Harcourt are Northerners..

12 Likes 1 Share

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by minasota(f): 9:53am On Jan 08, 2020
Too much Drama in this country

5 Likes 1 Share

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by Hotfreez: 9:53am On Jan 08, 2020
Daniel058:
Amechi and Tinubu State

You forgot to mention Wike?

It is that same forgetfulness that made you and your ancestors unable to trace your history.

16 Likes 2 Shares

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by ForeThinker: 9:54am On Jan 08, 2020
One hell of a kon3

3 Likes

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by FVckmannabbQ: 9:54am On Jan 08, 2020
All hail the Asiwaju of money laundering.




Yeye dey smell.

4 Likes

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by Hotfreez: 9:54am On Jan 08, 2020
GamalNasser:
Everybody knows Bourdillon laundry is the headquarters of laundering in Africa

Everyone knows if they ban gala hawking in that same Lagos, the economy of your entire region would collapse.

14 Likes 2 Shares

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by majamajic(m): 9:54am On Jan 08, 2020
they are right
Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by Emu4life(m): 9:55am On Jan 08, 2020
badman007:
Almangiri Republic of Nigeria.

We will not stop till either NO Nigerian child is allowed to suffer almangiri studies on our watch or watch Every Nigerian become a beggar like us.

Choose your fight wisely.

Love us as you love your God!!!

1 Like

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by hisexcellency34: 9:55am On Jan 08, 2020
They named Lagos...but why are they silent on bullion vans?

13 Likes

Re: Lagos, Rivers Headquarters Of Money Laundering – Magu by soberdrunk(m): 9:55am On Jan 08, 2020
angry

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