EFCC To Reopen Peter Odili’s Money Laundering Case, 13 Years After


The Economic and Financial Crimes Commission (EFCC) has announced its decision to reopen the money laundering case against Peter Odili, former governor of Rivers state.

The former Rivers governor got a court injunction preventing the EFCC from investigating or arresting him in 2007.

The anti-corruption agency was also restrained from probing the finances of the Rivers state government.

However, Ibrahim Magu, acting chairman of the commission during a visit to Port Harcourt on Tuesday said investigation into allegations of money laundering against the former governor would be reopened.

Read Also: Why Shehu Sani Was Arrested: EFCC

Magu said, “I think Rivers is the next to Lagos in terms of crime. This is the headquarter of money laundering because there is a lot of oil money here. ”

“Nothing is going to stop us. Even the issue of the court order allegedly obtained by Dr Peter Odili and co to stop the EFCC from investigation and prosecution is still at the Supreme Court. We are on it.

“I am telling you that, that judgement cannot stand; it will only take some time but it cannot hold and we are going to conclude the investigation.

“There are so many investigations we are doing. I am sure the matter has suffered for about 13 years now. We are going to test it. The matter is in the Supreme Court. We will follow it up.

“That decision that is pending in the Supreme Court cannot hold water again. There is a subsequent judgment that has overridden it.

“Other judgments say nobody, not even a judge, not even the Judiciary, not even the court can stop us from investigating and prosecuting.”


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