‘Our Investigative Radar Is On Okonjo-Iweala, Alison-Maduke’ – EFCC

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Economic and Financial Crimes Commission (EFCC)

The Economic and Financial Crimes Commission (EFCC) will soon embark on another round of investigations into the nation’s oil and gas industry as part of the current war against corruption by the President Muhammadu Buhari-led administration.

The former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke is on EFCC's investigative radar
The former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke is on the EFCC’s investigative radar

Top on the list is the roles of some principal officers in the former Goodluck Jonathan administration, including the former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke; her counterpart in the Ministry of Finance, Dr. Ngozi Okonjo-Iweala; and an oil magnate.

The acting Chairman of the anti-graft agency, Mr. Ibrahim Magu, in a statement made in Abuja when he appeared before the House of Representatives Committee on Financial Crimes to defend the commission’s 2016 budget proposals, said the trio are on the investigating radar of the commission.

Magu, in his presentation before the lawmakers on Monday, February 8, said that “the commission will soon move into the petroleum sector”.

The former Minister of Finance, Dr. Ngozi Okonjo-Iweala on EFCC's investigative radar
The former Minister of Finance, Dr. Ngozi Okonjo-Iweala on EFCC’s investigative radar

Soon afterward, a member of the committee, Mr. Razak Atunwa, told reporters that Magu actually informed the committee that Alison-Madueke, Okonjo-Iweala and the oil baron would be investigated.

He said: “I said the EFCC has recovered a lot of money for Nigeria and he (Magu) mentioned that in that regard, more sectors of the economy are likely to come under investigative activities.

I said ‘will it include the petroleum sector’? He said, ‘yes’. And I said ‘would it include investigating the following people – Diezani Alison-Madueke, Okonjo-Iweala and a particular oil magnate’, and he said ‘yes’; those people are already under their investigative radar.”

The EFCC also plans to grill Dr. Ngozi Okonjo-Iweala, some former Service Chiefs and serving military officers in connection with the $2.1billion arms deals.

It was gathered that the anti-graft agency will be seeking to know how the Dr. Jonathan Administration bought €3,654,121million vehicles for the Republic of Niger in October 2013 and April 2014.

The cash, it was learnt, was withdrawn from the Office of the National Security Adviser (ONSA) account in two installments of €1, 401,869 and €2,252,252.25,



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  1. The truth remains that, Dr Okonjo Iweala, is an outstanding woman, who worked vigorously for the success of this nation. So, any attempt of propaganda against her cannot succeed. For the record, Magu never said EFCC is investigating Iweala, please don’t mislead us.

  2. Attempts by the Economic and Financial Crimes Commission (EFCC), to drag the name of the immediate past finance minister, Dr Okonjo-Iweala in the mud will end up in a nullity.

  3. Dr Okonjo-Iweala, to the best of my knowledge is upright and will not involve herself in any corrupt activities as being peddled by some unserious elements in this country.

  4. Despite all the rantings against Dr Okonjo-Iweala, the international community kept on reckoning with her financial expertise and continued consultancy. We should learn to appreciate our own.

  5. As civil and educated people, it behoves us to act maturely and responsibly rather than resorting to needless name-calling, dirty politics and self-aggrandizement. Let’s respond to issues objectively rather than whip up unnecessary sentiments.

  6. Dr. Ngozi Okonjo-Iweala should be commended for her dynamic, selfless and professional contribution towards revamping the economy. No finance minister in the history of Nigeria has done half as much as she has done. Her wealth of experience at the world bank adequately prepared her to manage a diversified economy such as ours, as such, she should be appreciated and not unduly castigated.

  7. Enough of the noise of investigating and investigating, Dr Ngozi Okonjo-Iweala has said it over and over again, if you have any proof, come out clear and clean.

  8. There is no other public officer that can come out boldly like Madam Ngozi Okonjo-Iweala and beat their chest that their hands are clean. This woman is phenomenal and highly intelligent.

  9. Dr Ngozi Okonjo-Iweala has been so consistent and calm, for every negative report she always has the right words and evidence to back it up.

  10. For those who are in the habit of spreading rumours and giving false reports about Dr Ngozi Okonjo-Iweala, she has just one message for you: ‘get a life’!

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