Friday, August 14, 2020

Re-looting recovered loots! How suspended EFCC boss Magu allocated seized assets to friends

Must read

Anambra: PDP endorses Nwobu led-state working committee

The National Working Committee (NWC) of the Peoples Democratic Party (PDP) on Friday upheld the elections of Sir Ndubisi Nwobu-led State Working Committee ...

Four killed in small plane crash in eastern DR Congo – Governor

A small plane has crashed in the east of the Democratic Republic of the Congo, killing all the four people on board, the governor...

WASSCE: School leaders in Ibadan express views

No fewer than two leaders of secondary schools in Oyo State have expressed concern about the conditions of classrooms in the schools for the...

Edo governorship election: INEC trains visually impaired on use of braille ballot guide

The Independent National Electoral Commission (INEC) in Edo, on Friday trained visually impaired persons on the use of braille ballot guide to vote in...




All allegations are lies, concocted to tarnish Magu’s image, says counsel
Ade Adesomoju and Oladimeji Ramon

The suspended acting Chairman of the Economic and Financial Crimes Commission, Mr Ibrahim Magu, could not give a proper account of missing 332 out of the 836 recovered properties in March, 2018, the News Agency of Nigeria has reported.

NAN reported on Sunday that the latest allegation against the suspended EFCC boss was contained in a report of the Presidential Committee on Audit of Recovered Assets.

It also stated that the panel alleged that recovered properties were taken over by some top EFCC officials or sold to Magu’s friends and cronies at giveaway prices.

The news agency had, on Saturday reported that the panel, in its report titled, ‘Final Report of the Presidential Investigation Committee on the EFCC Federal Government Recovered Assets and Finances from May 2015 to May 2020,’ alleged that Magu was unable to account for the interest generated from N550bn cash recovered from 2015 to 2020.

Read also: How Ibrahim Magu used ‘Pastors’ to launder funds abroad

The President, Muhammadu Buhari, set up the Justice Ayo Salami-led committee, which is currently investigating allegations of corruption against Magu, after the panel on the audit of recovered assets submitted its report.

Besides the Chairman, Alhaji Abdullahi Ibrahim, other members of the previous committee were Deputy Inspector General Anthony Ogbizi; a member from the Federal Ministry of Justice; Mualledi Dogondaji from the EFCC; Hassan Abdullahi from the Department of State Services; an unnamed member from the Office of the Accountant General of the Federation; Chinedu Ifediora from the Nigerian Financial Intelligence Unit, while Mr Kazeem Attitebi served as the secretary.

The Salami panel was constituted to enable the suspended EFCC chairman respond to allegations levelled against him in the report of the committee on audit of recovered assets.

  




Contact: info@fellowpress.com

The Ebonyi Government has ordered members of the Judiciary Staff Union of Nigeria (JUSUN) in the state, to immediately suspended their industrial action or...
Journalist, Dele Momodu, has slammed members of the Buhari Media Organization over the recent attacks launched on his person. Momodu in a statement released...
A Russian powerlifting champion has fractured both of his knees while attempting to squat 400kg (880lb). Defending champion, Alexander Sedykh was competing in the World...
President Muhammadu Buhari has expressed sadness over the demise of former United States Ambassador to Nigeria, Walter Carrington, describing him as a “long time...

More articles

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

The Ebonyi Government has ordered members of the Judiciary Staff Union of Nigeria (JUSUN) in the state, to immediately suspended their industrial action or...
The Federal Government has called for social dialogue between the employers and the employees in the Aviation industry to prevent job losses. Sen. Chris Ngige,...
The National Film and Video Censors Board (NFVCB) has seized and destroyed pornographic and other unapproved films and video works worth N3.5 billion in...
Some yet-to-be-identified gunmen have killed a member of the Bauchi State House of Assembly representing Baraza Dass constituency, Honourable Musa Mante. Confirming the incident, the...

Must Read

Anambra: PDP endorses Nwobu led-state working committee

The National Working Committee (NWC) of the Peoples Democratic Party (PDP) on Friday upheld the elections of Sir Ndubisi Nwobu-led State Working Committee ...

Four killed in small plane crash in eastern DR Congo – Governor

A small plane has crashed in the east of the Democratic Republic of the Congo, killing all the four people on board, the governor...

WASSCE: School leaders in Ibadan express views

No fewer than two leaders of secondary schools in Oyo State have expressed concern about the conditions of classrooms in the schools for the...

Edo governorship election: INEC trains visually impaired on use of braille ballot guide

The Independent National Electoral Commission (INEC) in Edo, on Friday trained visually impaired persons on the use of braille ballot guide to vote in...

NGO trains journalists virtually on TB reportage

Breakthrough Action Nigeria (BAN), an NGO, has trained journalists virtually across the country on how to report tuberculosis (TB)-related diseases. The training, which featured journalists...

Ogun SUBEB to understudy BESDA implementation in Oyo State

The Ogun State Universal Basic Education Board (Ogun SUBEB) says it will understudy the implementation of Better Service Delivery For All (BESDA) in Oyo...

Nightlife shut down in Italy’s Calabria as coronavirus numbers rise

Clubs and beach party locations have closed in the Italian region of Calabria due to a rising number of coronavirus infections. Dancefloors indoors and outdoors...

COVID-19: NCDC, ICRC to train 25 Anambra doctors on infection prevention, control

The Nigerian Centre for Disease Control (NCDC) and International Committee of the Red Cross (ICRC) plan to train 25 doctors in Anambra on Infection...

Philippines Govt. orders face shield, in addition to face mask at work, in transport

The Philippine government has ordered people to wear face shields in addition to masks at work and on public transport in order to help...

Ebonyi Govt threatens to sack striking judiciary workers

The Ebonyi Government has ordered members of the Judiciary Staff Union of Nigeria (JUSUN) in the state, to immediately suspended their industrial action or...