Magu Investigated Over 380 Houses, 7 Crude Oil-laden Ships, N37bn Assets…Wow

Recovered Vehicles Auctioned To Presidential Villa, Ministries – Magu

Suspended Acting Chairman of Economic and Financial Crimes Commission (EFCC), Ibrahim Magu was on Wednesday July 8 grilled and asked to account for 380 houses and seven vessels loaded with crude oil.

He was also grilled on disposal of assets worth N37 billion by Justice Ayo Salami-led Presidential panel. The allegations were reportedly levelled against him by Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN).

Vanguard reported that the panel started quizzing Magu on Monday after his arrest by detectives in Abuja. On Tuesday, he was grilled on cash discrepancies said to be N539 billion realised from the sale of seized assets and N504 billion declared by the commission.

The suspended acting chairman of the anti-graft agency was grilled on the ground floor of the Federal Criminal Investigation Department, FCID, Area 10, Abuja and it was also learnt that the AGF raised about 20 allegations against him.

A presidential source told the publication that the interrogation of the anti-graft boss was being done to give him the opportunity to clear himself of the weighty allegations. Magu’s lawyer reportedly joined him as he was being interrogated by the panel.

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