EFCC, Magu Frustrating Anti-Graft War - Malami

The Attorney General of the Federation and
Minister of Justice, Abubakar Malami (SAN),
on Wednesday accused the Economic and
Financial Crimes Commission (EFCC) and its
Acting Chairman, Ibrahim Magu, of
frustrating the Federal Government’s anti-
graft war. Malami, in a statement issued in
Abuja, alleged that Magu and the EFCC
leadership have “manipulated and misused
intelligence to the detriment of the fight
against corruption and financial crimes in
Nigeria.”

He also accused them of working to prevent
the lifting of the country’s suspension by the
global financial intelligence gathering body –
Egmont Group of Financial Intelligence Units
(Egmont Group) and ensure the country’s
formal expulsion.

The Egmont Group, currently made up of
156 Financial Intelligence Units (FIUs),
representing 156 countries, serves as a
platform for exchange of expertise and
financial intelligence to combat money
laundering and terrorist financing and
functions as the operational arm of the
international anti-money laundering and
counter financing of terrorism (AML/CFT)
apparatus.