Magu seeks China’s help in effort to recover looted funds



The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu, yesterday asked China to assist the commission in identifying and recovering proceeds of corruption stashed in the Asian country by some Nigerians.



He said the anti-graft agency was open to international collaboration.

Magu made the plea while receiving a Director at Vice-Minister Level in the Office of the Central Leading Group for Inspection Tours of the Communist Party of China (CPC), L.I. Xiaohong.

He described the visit as “a gateway” for expanding the operations of the EFCC.

He said: “We are committed and willing to cooperate with you, and we seek your assistance, particularly in the area of capacity building, training of personnel, and combating advance fee fraud, internet fraud, and theft of petroleum products.

“I want to use this opportunity to seek your assistance in identifying and recovering proceeds of corruption stashed away in China.

“We need to have synergy so that even when China has any problem in its embassy here in Nigeria, the EFCC will swiftly tackle the issue without waiting for protocols, because ‘delay is dangerous’”.

Magu said the partnership with China in fighting corruption in Nigeria would also extend to the oil and gas industry.

He said: “We have noticed that some Chinese are getting involved in oil theft. Some of them have been caught in the act and are currently facing trial.

“We are calling on the delegation to collaborate with us so we can check such vices, as this will help both countries.”

Xiaohong, who led a delegation to the EFCC headquarters, said China would assist Nigeria in its anti-graft war.

He asked the Economic and Financial Crimes Commission (EFCC) to kick corruption out of Nigeria.

He praised the EFCC for its unrelenting effort to fight corruption to a standstill in Nigeria.

He said: “We have heard a lot about your efforts in the fight against corruption and commend you for your doggedness in ensuring that you kick corruption out of Nigeria.

“We want to cooperate with the EFCC to explore and promote anti-corruption agenda, as we are aware of your achievements.”

Xiaohong was accompanied by ZHOU Pingjian, Chinese Ambassador to Nigeria and other top officials of the CPC.
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