Paris Club Loan: More Trouble For Magu As Governors Vow to Deal With EFCC

Nigerian state governors have vowed to deal with the EFCC and its chairman Ibrahim Magu, over the Paris Club loan saga.

This is according to Chairman of the Nigeria Governors’ Forum, Governor Alhaji Abdulaziz Yari of Zamfara state.
 
He said the governors would embark on “a showdown” with Magu over the anti-graft agency’s probe into the recently-released Paris Club loan refunds to the states.

There are talks that the state governors collected the money and squandered it on personal materials. Yari is accused of using part of the funds to build a hotel in the country.

“I believe the EFCC does not have its own engineers to quantify, to know what is exactly on the ground. And a project that is done in Rivers State for N2m, in Zamfara it will be about N150,000", Yari said.

“You cannot say the price of things in Rivers should be the same in Zamfara or somewhere else. The terrain is entirely different and the cost is different, so the risk as well is entirely different. So, all these are taken into consideration.

”If there is a project, which is suspected to be inflated, there are quantity surveyors. You can’t just, because somebody wrote a petition, then, you say you are working on it without doing your own due diligence.

“Then, why is the EFCC pursuing the governors? Get these people if you are really going to fight it. If you are ready for it, get anybody who did the wrong thing.’’

We'll deal with Magu

According to him, enough is enough, the EFCC cannot continue to frustrate the governors.

“To me, I am going to write to the Federal Government that enough is enough; that either the EFCC should do its work or we should ‘do showdown’ with them (EFCC) because nobody became governor to be intimidated, to be harassed, to be abused by a DCP (Deputy Commissioner of Police, Magu).

“The problem with the EFCC is that it only wants Nigerians to know it has invited a governor or that one former governor is arrested.

“The commission will not tidy its work before going to court. It goes to court and lose all the cases because of the way it initiates the case; but never do so to achieve success.

“You can’t fight corruption that way and forever, they (EFCC) will not achieve anything.”

According to the Zamfara State governor, he does not know why the commission is after him.

Me, myself and I

He also spoke about his alleged misuse of the Paris Club loan.

“In the case of my humble self, I have no idea why the EFCC is actually interested in the issue of the London Paris Club refund.

“It has been on this since inception up till now. It has been repeating, contradicting so many things especially about personalities.

“So, if there is anything wrong there, it should approach the person whom it suspects did something wrong, and not to be making noise about it.

“I challenge the chairman of EFCC to open up and say if he has ever come to me and interviewed me about what happened.

“We didn’t commit any fraud. I am not a signatory to that account but I am the head. We have director-general, we have head of finance, we have other officers of finance.’’

“So, it is what governors agree that I, as chairman, append my signature on. So now, they are saying $86m fraud, N19bn fraud, $3m hotel; which one do we believe?

“When it came to the issue of hotel, I challenge them that wherever they sighted a hotel in Lekki or anywhere, let them present it to the public and how did $2m get in there, through who, through which account? Who made the payment? Who is the owner of the property initially that took the money.

“Is the EFCC saying that before I became a governor, I didn’t have N150m? In my Code of Conduct papers, I have property and money worth billions.’’
Paris Club Loan: More Trouble For Magu As Governors Vow to Deal With EFCC Paris Club Loan: More Trouble For Magu As Governors Vow to Deal With EFCC Reviewed by getitrightnigerians on 14:01:00 Rating: 5

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