You Concocted Lies Against Me - Dauda Lawal Replies Magu

Ibrahim Magu, Dauda Lawal

A former executive director of First Bank of Nigeria Plc, Mr Dauda Lawal has responded to suspended acting Chairman of the Economic and Financial Crimes Commission (EFCC) Ibrahim Magu's allegations of corruption, abuse of office, insubordination claims made against him.

Reacting to the former chairman's defence to paragraph D(17) of the petition captioned “Relevant facts on Dauda Lawal’s case", Lawal alleged that Magu’s response was “laced with barefaced distortion of relevant facts” and an attempt to mislead the Justice Salami-led panel investigating allegations of gross misconduct against him.

The former director accused Magu of “concocting a tale to suit his mischief without providing any supporting proof". He also claimed that Mr Magu in his response sought to explain that the sum of US$153,310,000 was brought to Fidelity Bank Plc. from NNPC on behalf of Mrs. Deziani Alison-Madueke, but unfortunately couldn’t capture exactly the total amount allegedly brought by each person which sum at USD $152,480,000.

Lawal Said;

“Contrary to Mr. Magu’s narrative, the EFCC’s claim in their Affidavit is that while the total sum of US$113,310,000 was conveyed “in cash” by one Martins Izuogbe to Lanre Adesanya, Executive Director, Commercial and Institutional Bank, Sterling Bank Plc.

"The remaining sum of US$40,000,000 was also conveyed in cash to one Dr. Dauda Lawal, Executive Director, Public Sector, First Bank Plc. “Obviously, Mr. Magu’s latest claim that I received US$65,000,000.00 is a feeble attempt to reconcile the inconsistent figures arising from the EFCC’s improper investigation of the case before it.

"The defendants adopted many delay tactics for almost a year…it was agreed that expeditious determination of the case will only be achieved if the defendants are charged separately”, saying that was “not correct.”

“It is clear from the record of proceedings before the Federal High Court that I was always ready and willing to defend the allegations against me in court. At all times from the inception of the cases in court, including the criminal charge, I always appeared in court to defend myself. I did not shy away from prosecution nor delay the prosecution of the case as alleged or at all."