At last, the trial of the trio of Mahmud Tukur, Abdullahi Alao and Ochonoghor Alex and their companies Eternal Plc and Axenergy has commenced, with a prosecution witness, Abdul-rasheed Bawa, an investigator with the Economic and Financial Crimes Commission, EFCC, telling Justice Hakeem Oshodi of the Lagos State High Court sitting in Ikeja, Lagos how the defendants defrauded the Federal Government of the sum of N3,121,393,098 ( Three Billion, One Hundred and Twenty- one Million, Three Hundred and Ninety- three Thousand, Ninety- eight Naira).
The Economic and Financial Crimes Commission, EFCC, takes exception to the attempt by the Ekiti State Governor, Ayodele Fayose to impugn the integrity of its Chairman, Ibrahim Magu, over the management of assets recovered from pension fraud suspects. The governor, who addressed the media today in Ado Ekiti, was quoted as saying that respected Lagos lawyer and Senior Advocate of Nigeria, Mr. Femi Falana “was one of many highly placed Nigerians who allegedly were compensated by the EFCC and Ibrahim Magu with properties retrieved from corrupt government officials.”
The attention of the Economic and Financial Crimes Commission, EFCC, has been drawn to comments attributed to the Chairman of the Senate Ad Hoc Committee investigating the controversial reinstatement of Abdulrasheed Miana, Senator Emmanuel Paulker, alleging that officials of the Commission shared 222 properties which Maina’s Panel seized from pension fund thieves. This sweeping allegation, coming from a Senate Committee is disturbing more so as no attempt was made to verify the information from the Commission. The EFCC was never invited by the Committee and given the opportunity to educate it on the status of assets seized from suspected pension thieves; yet the Committee was comfortable to scandalize the EFCC with the public disclosure of unverified claims by unknown interests.