Economic and Financial Crimes Commission (EFFC) has said it investigating former Minister of Finance Minister, Dr. Ngozi Okonjo-Iweala, in connection with corruption cases perpetrated during the last Goodluck Jonathan-administration.
Acting Chairman of the anti-graft agency, Ibrahim Magu, who said this Monday, during the budget defence session with the House of Representatives Committee on Financial Crimes, also added that former Minister of Petroleum Resources, Mrs. Diezani Allison-Madueke, is under watch.
Magu further revealed that one Kola Aluko, a close associate of the former Petroleum minister, is being investigated for helping ‘in taking a large chunk of the nation’s funds out of the country.’
Magu, who fielded 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.
Magu had earlier in his speech asked the committee to consider and approve additional N500 million to assist the EFCC operational activities as more sectors of the economy may come under investigation during the year.”