Government & Politics

EFCC Chairman Speaks on Patience Jonathan’s Frozen Millions

Ibrahim Magu, the Chairman of the EFCC has stated that the long arms of the law will catch up with looters, and the banks aiding them.

Speaking on Tuesday about the frozen funds Nigeria’s ex First Lady, Patience Jonathan is laying claim to, he said:

“We are on it (Patience’s $15,591,700). You see, we work for the long-term. We must complete our preliminary investigations before we come out. We will not spare anybody. We cannot protect anyone from answering to the people.

“Determination is key. I believe we will go a long way. Our tomorrow is better than our today.”

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He also added that Nigerian banks aid corruption in a huge way.

“The banking sector is creating a fertile ground for corruption. It was as if the banks told the looters, go and steal and I will hide it for you. This must stop. We will zoom in on the banks. We need to stop them from creating an enabling environment for corruption to thrive,” he added.

He said this after an interactive session with the commission’s external lawyers and civil society organisations.


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