Magu Vows To Re-Open Peter Odili’s Money Laundering Case After 13 Years

Acting Economic and Financial Crimes Commission (EFCC ) Chairman, Mr. Ibrahim Magu has vowed to re-open the investigation of the former Rivers State Governor Peter Odili after the case been nullified thirteen years ago.

Mr. Magu who made this known during his working visit to the Port Harcourt branch of the commission said that the state has the second-highest record number of money laundering cases in the country.

Naija News learnt that the ex-governor got a court injunction preventing the EFCC from investigating or arresting him and also probing the finances of the Rivers state government.

Magu, however, said the commission has appealed against the injunction, but that the appeal is still pending at the supreme court.

He said subsequent judgments of the courts have held that the EFCC cannot be restrained from investigating anyone.

Magu said Rivers has the second-highest number of money laundering cases after Lagos.

“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,” he said.

“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.