The former Minister of Finance, Ngozi Okonjo-Iweala, has reacted to Monday’s media reports that the Economic and Financial Crimes Commission (EFCC) has started investigating her for alleged corruption during former president Jonathan’s government.

It was widely reported on Monday that the EFCC Chairman, Ibrahim Magu had made the revelation, while fielding questions during the commission’s budget presentation/defence at the House of Representatives.

However, Paul C Nwabuikwu, Media Adviser to Dr Ngozi Okonjo-Iweala, says the reports were erroneous while noting that the EFCC boss was quoted out of context.

Below is her full statement:

“Alleged EFCC Investigation of Okonjo-Iweala: Media Headlines Are Misleading and Untrue
We want to clarify that some of the media reports alleging that the EFCC is investigating former Minister of Finance, Dr Ngozi Okonjo-Iweala, are misleading and untrue. This is clear from eye witness accounts of the Budget 2016 presentation by the EFCC at the House of Representatives and gaps in the reported stories.”

“The headlines are a misrepresentation of what the EFCC Chairman actually said during the event.”

“While the headlines claimed that the EFCC Chairman, in response to a question by an APC, member Hon Razak Atunwa, stated that Dr Okonjo-Iweala is under investigation, the actual words quoted in the same reports told a very different story.”

His words:

“Very soon we will go into the petroleum industry. Such investigation requires that we have to build capacity, we have to bring in experts to enable us tackle what we are doing properly and the investigation must be conducted properly. We have internal lawyers and external lawyers. We have to pay insurance…”

The words said to have been spoken by the EFCC Chairman cannot support the lurid headlines that Dr Okonjo-Iweala is under investigation by the EFCC.

The Nigerian media plays an important role in our democracy and we urge them to be fair, balanced and factual in their reports.”


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