Ibrahim Magu Replaces Ibrahim Lamorde as the Chairman of EFCC

Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Lamorde, has been replaced by Ibrahim Magu, who is a top level official of the Economic and Governance Unit of the EFCC. Ibrahim Magu and Lamorde worked together in the operations department with Lagos as the base. Lamorde’s most recent assignment was as member of the committee set up by the Buhari administration to probe the procurement of arms in the Armed Forces from 2007 to date. Because of his perceived incorruptible posture, he  was made the head of the sensitive Economic Governance Unit (EGU), which handles investigations of senior public officials. As head of the EGU, some of the investigations he spearheaded included the alleged involvement of Senate President Bukola Saraki in the collapse of Societe Generale Bank of Nigeria; and James Ibori, former Governor of Delta State, who is serving jail term in the United Kingdom for money laundering.  

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This article was first published on 10th November 2015

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