Presidency targets Diezani, MDAs as Salami panel gets more powers

Justice Isa Ayo Salami-led Presidential Investigative Committee on the Economic and Financial Crimes Commission (EFCC) has been granted judicial powers.

The panel will operate in line with Section 1 of the Tribunals Inquiry Act (CAP T21,LFN, 2004), The Nation reports.

The presidency has also approved public sittings. A report is expected to be submitted in 45 days.

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Currently under probe is the suspended Acting Chairman Ibrahim Magu.

The panel will now investigate cases including the one involving former Petroleum Minister, Diezani Alison-Madueke.

Also, the $9.6billion judgment against Nigeria by Process and Industrial Developments (P&ID); complaints by the UK National Crime Agency (NCA) in London; among others.

Furthermore, the panel will look into controversial activities of ministries, departments and agencies.

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Such actions include alleged non-compliance with presidential and ministerial directives; non-compliance with court orders; and non-compliance with procurement and financial management laws.

However, a former EFCC Secretary, Emmanuel Adegboyega Aremo, has appeared before the panel.

Aremo stated that while in office between 2013 and 2018, no asset/forfeited
property was sold.

He explained that only a building was released to the Voice of Nigeria (VON) and that rent was paid to the agency.

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