Court clears Magu of N573m money laundering charge

FORMER Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has been exonerated over a claim that Pastor Emmanuel Omale of the Divine Hand of God Prophetic Ministry and his wife, Deborah, laundered N573 million for him.

In a judgment on Tuesday on a suit marked FCT/HC/CV2541/2020 filed by Omale, his wife and the church, Justice Yusuf Halilu exonerated Magu of money laundering.




    During the investigation of Magu by the Justice Isa Salami-led presidential investigation panel, it was alleged that an investigation by the Nigerian Financial Intelligence Unit (NFIU) revealed that Magu paid N573 million into Omale’s church’s account with which property was allegedly bought in Dubai, the United Arab Emirates.

    However, Halilu, in his verdict, noted that the evidence before his court showed that Omale’s bank admitted error in its report to the NFIU of entries in Divine Hand of God Prophetic Ministry’s account.

    The judge further held that the bank claimed that the purported N573 million was wrongly reflected as a credit entry in f’s account by its reporting system, which it recently upgraded.

    Halilu noted that the bank admitted the error, which occasioned incalculable damage to the reputation of Pastor Omale, his wife, and their church both within and outside the country.

     

    Nurudeen Akewushola is an investigative reporter and fact-checker with The ICIR. He believes courageous in-depth investigative reporting is the key to social justice, accountability and good governance in the society. You can shoot him a scoop via [email protected] and @NurudeenAkewus1 on Twitter.

    Join the ICIR WhatsApp channel for in-depth reports on the economy, politics and governance, and investigative reports.

    Support the ICIR

    We invite you to support us to continue the work we do.

    Your support will strengthen journalism in Nigeria and help sustain our democracy.

    If you or someone you know has a lead, tip or personal experience about this report, our WhatsApp line is open and confidential for a conversation

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here


    Support the ICIR

    We need your support to produce excellent journalism at all times.

    - Advertisement

    Recent