P&ID Fine: UK Court Verdict, Victory For Magu –Shittu | Leadership Newspaper

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P&ID Fine: UK Court Verdict, Victory For Magu –Shittu

The lawyer to Ibrahim Magu, the suspended acting chairman of the Economic and Financial Crimes Commission, EFCC, Wahab Shittu has said the victory of Nigeria in the P&ID case in the United Kingdom has vindicated Magu.

In a statement, the lawyer said, “The decision of the English court again shows the result of a detailed and thorough investigation done by the EFCC led by Mr. Magu.“The judgement has indeed greatly relieved the country from the impending and disastrous effect the execution of the $9.6bn judgement plus interest would have had on our fragile economy. The decision once more shows that rather than punish Mr.

“Magu should be celebrated rather than be vilified. It is rather unfortunate that the handling of P&ID investigation forms part of the allegations against Magu which led to his suspension. There is no gainsaying that the evidence relied on in arriving at the decision came from the EFCC under Mr. Magu.”

He further noted that “the English Judge was very satisfied with the way and manner the EFCC carried out its investigation when he held at paragraphs 253 and 254 of the judgement: ‘what occurred might have been the EFCC proceeding at its normal pace in the light of the resources allocated to it, the other inquiries it was conducting and conditions in Nigeria.

Source: Law Daily Report (lawdailyreport.net)

 

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