EFCC boss says anti-graft agency to go after Okonjo-Iweala, Diezani, Aluko

According to media reports, Ibrahim Magu, chairman of the Economic and Financial Crimes Commission (EFCC), has said that former minister of Finance and Petroleum Resources, Dr. Ngozi Okonjo-Iweala and Diezani Alison-Madueke respectively as well as Kola Aluko, a close associate of Diezani’s, are being investigated in connection with corruption activities carried out during the Goodluck Jonathan administration.

Magu, speaking on Monday, February 8, at the budget defence session with the House of Representatives Committee on Financial Crimes, stated that Aluko was allegedly used to move huge stolen funds out of the country.

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Magu, responding to questions by a member of the committee, Hon. Razak Atunwa, on whether the two ex-ministers and Aluko were included in the EFCC investigative list, said, “very soon, we will go into the petroleum industry.”

“Such investigation requires that we have to build capacity, we have to bring in experts to enable us tackle what we are doing properly and the investigation must be conducted properly. We have internal lawyers and external lawyers, we have to pay insurance,” he stated.

The EFCC boss had, earlier in his speech, asked the committee to consider and approve additional N500 million to "assist the EFCC's operational activities as more sectors of the economy may come under investigation during the year.”