Seized properties cornered by top EFCC officials, Magu’s friends – Panel
…says suspended commission boss failed to account for 332 recovered houses
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.
…says suspended commission boss failed to account for 332 recovered housesThe 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.
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