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Lagos, NG
29th February 2020
LOCAL NEWS

Magu Did Not Allege Corruption in N-SIP – EFCC

Magu Did Not Allege Corruption in N-SIP - EFCC
Magu Did Not Allege Corruption in N-SIP - EFCC

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC) Mr Ibrahim Magu has denied Newspaper publications in which he was quoted as saying that there is corruption in the National Social Investment Programme and the Anchor Borrower’s Programme (N-SIP). The commission in a statement released on Thursday 26th September 2019, distanced the Acting Chairman and the Commission from the said Newspaper publications.

The statement released by the Anti-graft agency on the alleged corruption in N-SIP reads:

“The attention of the Economic and Financial Crimes Commission, EFCC, has been drawn to a report captioned, “There is corruption in N-SIP programme- Magu”, which appeared in the Punch Newspaper of Wednesday, September 25, 2019 and a few other newspapers, in which the acting Chairman of the Commission, Ibrahim Magu was quoted as saying that there is corruption in the National Social Investment Programme and the Anchor Borrower’s Programme.

The papers claim that Magu, who spoke through the Spokesperson of the agency, Wilson Uwujaren at the 15th Anti- Corruption Situation Room organised by the Human and Environmental Development Agenda in Kaduna on Tuesday, September 24, 2019, asked the civil society organizations “to investigate the N-SIP”.
The Commission wishes to disclaim the reports as false and a mischievous twist of the goodwill message presented by Mr Uwujaren, on corruption and peacebuilding in conflict communities.

In the presentation, the EFCC spokesperson observed that the agency had received complaints in some zones regarding the social investment programmes, citing an example in Gombe where the Commission investigated a case in the Anchor Borrower’s Scheme in which sand was bagged and passed off as fertilizer. He, therefore, warned that for the crises in these conflict zones not to degenerate, civil society organisations should play more active roles in monitoring the programmes to ensure that their benefits get to the people for which they are intended.

At no time in the presentation did Mr Uwujaren mention the N-SIP as a programme nor did he accuse those who superintend it of corruption. The specific case mentioned the Anchor Borrower’s scheme is not part of the N-SIP being supervised by the office of the Vice President.

This clarification becomes necessary to correct the wrong impression of a verdict of corruption on N-SIP by the EFCC which the purveyors of the false reports obviously want to create” EFCC stated.

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