Returning Looted Fund Does Not Stop Prosecution Of Suspects – Magu


The Economic and Financial Crimes Commission (EFCC) said it had retrieved N100 million out of the N170 million traced to the account of the former Military Administrator of Kaduna State and chieftain of the All Progressives Congress (APC) Mr. Jafaru Isah.

Chairman of the EFCC, Mr. Ibrahim Magu confirmed the retrieval of the money from Isah. He explained that it was the partial refund that informed his administrative bail to enable him to go and source for the balance.

However, Magu said the refund was not a guaranty that the suspect would not be prosecuted for receiving public funds illegally.

The N170 million traced Jafaru Isa was said to have been paid to him by the embattled ex-NSA, Sambo Dasuki, to enable him to acquire a property in Kano State for him.

The deal, it was gathered, fell through, as a member of the Jonathan cabinet paid a higher amount of money for the same building which Isah was billed to buy for Dasuki.

Isah, who was arrested by the EFCC last week, is said to be a close friend of Dasuki and a political associate of President Buhari, although Buhari did not know about the N170 million deal with Dasuki.