Lagos, Rivers Top Money Laundering Chart -Magu

The Acting Chairman of the Economic and Financial Crimes Commission, Mr. Ibrahim Magu, yesterday, described Rivers and Lagos States as the headquarters of money laundering in Nigeria.
Magu said that though Lagos State was the first in terms of money laundering, the unenviable position was followed by Rivers.
The acting EFCC chairman, who made these remarks while speaking with newsmen in Port Harcourt, pointed out that the rate of money laundering in Port Harcourt was high as a result of the oil business going on in the city.
He said, “I think Rivers State is the next to Lagos in terms of crime. This (Rivers) is the headquarters of money laundering because there is a lot of oil money here.
“I think you can rate Port Harcourt the second to maybe Lagos when you talk of people playing with sinking, diving, hiding, maybe because of the large space of oil deals.”
Maintaining that the judgement halting the EFCC from probing Rivers State governors will not stand, Magu explained that the court order obtained by the former governor of the state, Dr. Peter Odili, retraining the anti-graft agency from investigating government officials in the state had been overtaken by event.
He added that the commission would ensure that no stone was left unturned in exposing all criminal activities in Nigeria.