Ibrahim Magu, the acting head of the Economic and Financial Crimes Commission (EFCC), has said the commission would prosecute all those behind the failed contract that resulted in the $9.6billion British court judgment against Nigeria.
The Nigerian government and Irish company, Process and Industrial Development (P and ID), had been battling legally over a failed gas supply agreement.
Concise News understands that President Muhammadu Buhari had directed the EFCC, the National Intelligence Agency (NIA) and the Inspector-General of Police, Mohammed Adamu, to conduct a thorough investigation into the activities of the Irish firm.
The country has since sought stay of execution on the award of the money to P and ID.
It was learned that President Buhari asked the aforementioned agencies to probe the firm and its activities because the Nigerian government suspected foul play in the contract which was negotiated and signed in 2010.
Magu, speaking during an anti-corruption road walk organised by the Kaduna Zonal office of the EFCC on Friday, said that the company was originally registered as a conduit pipe to siphon public funds.
But he stated that the commission had gone far in its investigation and will soon expose those behind the contract and the court judgment irrespective of whether they are serving in the present government or had served in the past administrations.
He said, “They have adopted another measure… they want to rob this country. Otherwise, why should someone go from behind and connive with government officials and demand a judgement of $9.6 billion?
“Do you know how much that is? If we want to build a general hospital in every village in Nigeria, that money is enough.
“A very serious investigation is going on and very soon we will expose them all.”
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