Magu Calls For Help, Says 60 Percent Of Looted Funds Are Still In Nigeria

The acting chairman of the EFCC, Ibrahim Magu, has called all law enforcement agencies to collaborate with the EFCC as he discloses that 60 percent of funds looted by former public officers are in still in the country. Magu who revealed this at during an interactive session with newsmen on Wednesday, December 5, urged all law enforcement agencies to collaborate with the commission so as to apprehend the looters and recover the stolen public funds. He added by saying that: “Yes, 60 percent of the looted funds are still in the country. This is why I called you to collaborate with me to expose them and to arrest them. We cannot do it alone; how many of us are in EFCC? “There are about 180 million Nigerians; how many of us are working here? I want to appeal to all law enforcement agencies to collaborate with us. “Everybody must fight corruption; every Nigerian must join the fight against corruption, especially other law enforcement agencies. That was the reason we were established.” He proceeded by saying that: “More than 80 percent of recovered loot outside this country are still hanging. Why is it hanging? Why is it so difficult to repatriate this money when you have established that this money came from Nigeria. And you know that this person does not own this money. “There is no justification for such. It is no small money. We have over $370 million hanging in Jersey Island in the UK.”Photo Credit: Getty

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