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Reps Are Being Pressured Not To Name Real Owners Of Ikoyi Loot

The mystery surrounding the ownership of the huge cash found in a Lagos flat may not be unravelled any time soon as the House of Reps is allegedly being pressured not to spill names of the real masterminds of the 'loot'.


The Economic and Financial Crimes Commission (EFCC) had in April uncovered a cash haul - $43.4 million, £27,800 and N23.2 million - stashed in a flat in Osborne Towers, Ikoyi , Lagos.

Many prominent individuals accused of owning the money had disowned it until Ayodele Oke, the suspended director of the National Intelligence Agency (NIA) stepped forward.

He had claimed that the agency kept the cash in the flat for covert operations, but his account left more questions than answers.

In a new twist to the controversy, the Chairman, House of Representatives Committee on National Security and Intelligence, Sani Jaji, said he and his members are being gagged.

Jaji said they are under serious pressure not to reveal the real owner of the alleged loot.

In a statement issued on Sunday, July 23, the lawmaker claimed that they are getting messages from different quarters, attempting to influence the report of his committee.

Jaji said, "There have been attempts on me as the chairman of the committee and members of the committee on what direction the investigation should take and the possible outcome of the report.

"There has been a lot of frustration but this has not in any way affected us because we remain committed to our cause.

"Though there is no monetary inducement but these pressures are in form of text messages and physical contacts about what we should do, what we should not do, that we should dwell on this and not on that.

"They say this or that agency has a reputation that should not be put on the line, so we should not go beyond certain extent but we tell them that our determination is to safeguard the name and integrity of our institutions.

"But we tell them it is not fair to castigate an entire agency for the wrongdoing of an agency and that is why we want to protect our institutions by getting to the roots of these infractions and expose the individuals responsible.

"In continuation of the mandate given the committee by the House, we just met with the acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, in relation to the $43million discovered in an apartment in Ikoyi and the meeting was very fruitful.

"We have been meeting with relevant stakeholders concerned in this matter before now, having met with Magu, it is our resolve to pursue this matter to a logical conclusion because more revelations are coming out.

"It should be understandable that we cannot come out with some of these facts now since the investigation is not concluded yet.

"It is our mandate to find out the owner of that apartment and the ownership of the money, notwithstanding that the Nigerian Intelligence Agency (NIA) has laid claim to both.

"Notwithstanding the sensitivity of the assignment, the EFCC has been able to give us some important information in relation to the money."

Jaji also disclosed that the committee would this week meet the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele and the suspended NIA boss.
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