EXPOSED: How Newly Nominated EFCC Boss, Bawa, Used to be Detained For Alleged Multi-billion Naira Fraud In 2019

Abdulrasheed Bawa, the chairman-designate of the Economic and Monetary Crimes Fee (EFCC) changed into as soon as arrested and detained by the anti-graft company in 2019 for selling at the least 244 vehicles price between N20-30 million every to his proxies at N100,000 per unit.

President Muhammadu Buhari had on Tuesday asked the Senate to verify Bawa as the substantive Chairman of the EFCC.

“President Muhammadu Buhari has asked the Senate to verify Mr Abdulrasheed Bawa as substantive Chairman of the Economic and Monetary Crimes Fee (EFCC).

“In a letter to President of the Senate, Ahmad Ibrahim Lawan, the President mentioned he changed into as soon as acting according to Paragraph 2(3) of Part1, CAP E1 of EFCC Act 2004,” a commentary by Femi Adesina, presidential spokesman, read.

Per Peoples Gazette, Bawa’s handling of dozens of petrol-bearing vehicles that were confiscated from suspected looters deprived the country of at the least N4.88 billion in in all probability loot recovery. 

The fresh EFCC chairman who changed into as soon as then accountable of the Port Harcourt zonal plot of enterprise auctioned the vehicles in 2019 to his proxies at “ridiculous prices”.

“When you happen to take a conservative come and multiply the vehicles by N20 million every, even supposing some were a ways above that label, you might maybe come at N4.88 billion for the 244 vehicles he offered out,” the newspaper quoted a senior EFCC legit as announcing.

“So Bawa is being compensated for guaranteeing that in terms of N5 billion did no longer hobble into the public treasury.”

While about a of the 244 vehicles had been declared as proceeds of corruption by the Federal Excessive Court docket, the newspaper learnt that forfeiture complaints on most of them had yet to be concluded sooner than Bawa offered them off.

Angered by the cross, Ola Olukoyede, then EFCC secretary, confronted Bawa in regards to the whereabouts of petrol tankers that were beneath forfeiture by the Port Harcourt zonal plot of enterprise in late 2019.

Olukoyede had bought complaints that the deputy chief detective superintendent changed into as soon as tampering with seized sources that were aloof present process forfeiture complaints in court docket.

“It is unlawful to take possession of a citizen’s sources with out a due direction of, which involves getting a federal screech to say such sources as proceeds of public loot.

“He changed into as soon as asked to dispute what occurred to over 240 vehicles that the zonal plot of enterprise changed into as soon as seeking to real their forfeitures, But he changed into as soon as unable to dispute,” a supply mentioned.

The provision mentioned Bawa at the initiating achieve instantaneous Olukoyede that he bought the directives to sell the vehicles from the then acting Chairman, Ibrahim Magu, nonetheless he declined to write that roar in his commentary. 

“It changed into out that he changed into as soon as honest dropping names, or he changed into as soon as seeking to give protection to Magu,” a supply mentioned.

“He refused to write it in his commentary that it changed into as soon as Magu who sent him.” 

The provision mentioned Olukoyede without lengthen known as Magu, who changed into as soon as away on an legit visit the time, with vital facets of what transpired in Port Harcourt. After concluding his findings, Olukoyede returned to Abuja, staring at for Magu to take motion upon his return from the day out. 

When Magu returned, it changed into as soon as learnt he made an urgent day out to Port Harcourt, and Bawa changed into as soon as removed as the zonal head the subsequent day.

“He changed into as soon as ordered to be detained in Port Harcourt for a total lot of days,” yet another supply aware of the matter mentioned.

“He changed into as soon as then asked to document at the coaching college in Abuja, which we thought might be the stop of his profession.”

As a member of the elite ‘Course 1’, EFCC’s first achieve of cadets now largely at grade-level 13, Bawa has flaunted his association with Magu, and as soon as acclaimed himself ‘anointed leader’ of the so-known as ‘Magu Boys’.

Magu led the EFCC from November 2015 unless his disgraceful ouster on July 7, 2020. He changed into as soon as accused of grossly enriching himself whereas exciting and prosecuting varied Nigerians for graft.

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