Tag Archives: #Ibrahim Magu

Corruption: A Parasite That Retards Collective National Development

Corruption: A Parasite That Retards Collective National Development – Mukhtar Garba Kobi

It is unarguable true that the problem of corruption has being in existence since time immemorial. Corruption is frequent in each and every society and it happens almost everyday. It has several shapes as well as various effects but that varies from one society to another, it deals with subverting public fund, etiolating morals, defalcating staff’s benefits, absurdifying tax & fines, political misconduct and decadences in spheres of human endeavours.

The wound of corruption has eaten deep down the flesh and melted in veins of fellow countrymen. It usually starts from home between husband and wife, mother and children, down to entire society. It generates a lack of transparency and a lack of control by supervisory institutions, corruption paves way for a non transparent functioning of social, political and economic sectors.

Corruption is the dishonest or fraudulent conduct by those in position of power or followers which typically involves bribery. According to Morris (1991), corruption can be seen as the illegitimate use of power to benefit a private interest. It also entails offering of bribe to an official so that the truth of a situation will be hidden. It covers the embezzlement of public funds for personal use, giving a token to scale a course by students, offering some amount to skip paying actual fine to security agents and any act that is considered to be criminal in nature which is contrary to the laws enshrined by code or constitution. In 2001, Nigeria was ranked the second most corrupt nation in the world out of 91 countries, second only to Bangladesh.

Recently in 2019, Transparency International ranked Nigeria as 146th out of 180 countries surveyed on corruption with 26% corruption index. This reveals that level of corruption has mercilessly stabbed Nigeria deep to a state of unending stupor.

Furthermore, corruption retards economic growth of a country, slows down business operation, blocks employment opportunities and halts investors from foreign countries in investing. The wider society is persuaded when the gravity of corruption is high, the executive arm of government tends to not bring policies and programmes for development, judiciary will then be chocked with angry and money egocentric judges which makes citizens lose confidence in them.

The legislative arm can then be taciturn and passive by not passing bills that could reduce burdens and dilapidated infrastructures. The level of corruption in Nigeria hurts a lot of people as money which supposed to be used in purveying developmental projects to better lives is channeled into the pockets of selected few.

The sad part of it is that the current Nigerian government and the ruling party turned to redemption camp; where corrupt labeled politicians absquatulate to it, then those charges on them are being dropped unquestionably.

The stain of corruption did not spare anti-graft agencies that are saddled with the responsibilities of antagonizing corruption, as the former chairman of the Economic and Financial Crimes Commission EFCC, Ibrahim Lamurde was accused of fraudulently diverting one trillion naira recovered from corrupt convicts by the commission (Adeyemi, 2016). Recently, the embattled Acting Chairman of the commission, Ibrahim Magu was also accused of corruption, diversion of recovered loots, insubordination and abuse of office which led to his unexpected suspension as the Acting Chairman of the commission. This is unimaginable as those appointed to fight corruption in the country are also found to be guilty of the same problem they are suppose to be fighting for.

Laconically, corrupt related malfeasance varies from one country to another, in most developing countries; the cases of corruption are usually common. Some causes of corruption includes GREED which has led to major crisis in almost all developing countries and in Nigeria in particular; Leaders that garnered too much wealth still quest to remain on power because their money ego is insatiable.

Secondly, UNEMPLOYMENT; Youth that are the strength of the nation are unemployed, the hike of idleness triggers many into internet fraud (cybercrime), sexual harassment by male managers in companies in order to reinstate female staff.

Thirdly, POVERTY; According to international standard, which states that a person is said to be poor when he or she lives under $1.25 (which is equivalent to N475) per day, poverty has pushed many into thuggery, cybercrime, and other heinous acts in order to better their lives.

In fact, corruption is a multidimensional process, it benefits the giver of the bribe, the receiver and both are aware of the consequences while others are doing it unknowingly.

Some countries have recorded great success in dealing with corruption, such that anyone caught the repercussion is to be liquidated or life imprisonment.

There are several ways to curb corruption and they includes; Reinforcement of moral compass in which government should help parents in by rewarding honest citizens whether adults or teenagers, also by declaring free education, free healthcare, taking under age persons that are found guilty to rehabilitation homes, etc.

Similarly, leaders can help in fighting corruption by serving as good example to citizens; this can be achieved by judiciously applying stipulated punishment to anyone irrespective of whoever he or she is. Thirdly, making anti-graft agencies or commissions independent from government control, by giving them the wherewithal to charge all whether in ruling or opposition parties.

Lastly, citizens should be allowed to have access to information concerning country’s finance, this will help in enhancing accountability.

In conclusion, if these steps are sternly taken and applied the preponderant cases of corruption would be eradicated and lastly become history.

By: Mukhtar Garba Kobi.

BREAKING: Ibrahim Magu Released From Detention

Malam IIbrahim Magu, Suspended Acting Chairman of EFCC

The former Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has been released on bail.

His release comes few hours after the Nigeria Police Force denied detaining him in the first place.

The police had claimed that Magu was being held by a presidential panel probing him for mismanaging recovered loots.

He was arrested on 6th July, 2020 by security forces to answer questions by the panel headed by the former President of the Court Appeal, Justice Ayo Salami, and had remained in detention ever since.

The Presidency Issued Statement On The Suspension Of Mr. Ibrahim Magu

Finally The Presidency Has Issued Statement On The Suspension of Ibrahim Magu, The Former Acting Chairman of EFCC.

The statement issued today and signed by Garba Shehu, the Senior Special Assistant to the President on Media & Publicity, reads:

“A series of documented allegations were made against the Acting Chairman of the Economic and Financial Crimes Commission (EFCC).

Following a preliminary review of the allegations leveled against the Acting 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.”

Breaking: Magu The EFCC Boss Arrested By Men of DSS

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu has reportedly been arrested by the men of the Department of State Services (DSS)

According to reports Magu’s S. A. on Media, Tony Amokeodo, told Channels TV today Monday that the EFCC Boss was only invited to answer questions regarding the allegations against the agency.

According to him, Magu was invited to appear before a panel of the Federal Government set up to investigate the allegations of corruption levelled against him.

The EFCC Boss’ Media aide said the panel is sitting at the Banquet Hall of the Presidential Villa in Abuja, the Federal Capital Territory.

Reacting to the development, DSS Public Relations Officer, Peter Afunanya, said the Service did not arrest Magu.

Afunanya, in a statement, said the DSS has since been inundated with inquiries over the reported arrest of Magu, adding that the Service has no connection with the incident.