EFCC: Some forfeited assets given to presidential villa, federal agencies - Magu

EFCC: Some forfeited assets given to presidential villa, federal agencies - Magu

- Ibrahim Magu has denied claims that he enriched himself with recovered loot

- The embattled former EFCC chief stated that the allegations were aimed at tarnishing his good reputation

- Magu even stated that some federal agencies and ministries benefitted from recovered assets on the approval of the presidency

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The embattled former acting chairman of the Economic and Financial Crimes Commission (EFCC) Ibrahim Magu, has responded to allegations that he enriched himself with recovered loot and properties.

In a recent letter to the probe panel chaired by Ayo Salami, Magu described the claims as false and aimed at damaging his hard-earned reputation as an incorruptible officer.

He maintained that apart from properties approved by the presidency for allocation to federal agencies all other recovered assets are intact, Premium Times reports.

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EFCC: Some forfeited assets given to presidential villa, federal agencies - Magu
Ibrahim Magu (Source: UGC)
Source: Twitter

Magu pointed out that the proceeds of 244 truck were remitted to the recovery account domiciled in the Central Bank of Nigeria (CBN) on the orders of the Federal High Court in Abuja.

He went on to list ministries and agencies like the ministry of humanitarian affairs and disaster management, National Commission for Refugees and Displaced Persons, Federal Inland Revenue Service (FIRS) and National Directorate for Employment (NDE) as beneficiaries of forfeited vehicles on the approval of President Muhammadu Buhari.

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Magu named other beneficiaries of recovered assets as approved by the president as follows: the Voice of Nigeria (VON), National Directorate of Employment (NDE), the ministry of humanitarian affairs, North-East Development Commission and Pension Transitional Arrangement Directorate (PTAD).

Meanwhile, Legit.ng reported that the EFCC boss had told the panel that he gave Vice President Yemi Osinbajo N4 billion.

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The unsubstantiated report has been widely circulated on various social media platforms.

The vice president's spokesperson, Laolu Akande, has, however, dismissed it, describing it as fake news.

Akande said he the report was "calculated to confuse and concocted to smear" the vice president's image, adding that Osinbajo will "never be involved in any such shady activities".

"Inundated by wide circulation of Fake News about VP's purported involvement in some EFCC recovery billions, pls rest assured they're all LIES: calculated to confuse and concocted to smear Prof. Osinbajo's image. The VP hasn't & will never be involved in any such shady activities," he tweeted.

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