Facts have emerged that the Acting Chairman of the Economic and Financial Crimes Commission (EFCC) Ibrahim Magu was detained at the Police Headquarters on Monday to stop him from destroying documents meant for investigation.
A source close to the police told BusinessDay on Tuesday that the documents available contained massive fraud involving the EFCC Acting Chairman, stressing that it would be very difficult for him to deny allegations that he embezzled N1 trillion. He added that the embattled EFCC boss may spend a second night in detention.
Magu was detained on Monday night at the police headquarters in Abuja after he was reportedly arrested by the Department of State Services (DSS). He is being probed by a Presidential panel headed by Ayo Salami, former president of the court of appeal.
The DSS had written a damning report on Magu in 2016, over his involement in alleged corruption which was why the Senate refused to confirm him as substantive Chairman of the commission.
However, Magu’s current travails began when Attorney General and Minister of Justice, Abubakar Malami asked President Muhammadu Buhari sack him over some massive allegations of corruption.
ome of the allegations include:
Discrepancies in the reconciliation records of the EFCC on recovered funds
Leaking investigative reports to the media before going to court
Sale of seized assets to cronies, associates and friends
Shortfall of N35 billion in his declaration of recovered funds
Insubordination to the AGF
Not providing enough evidences for the extradition of Diezani Alison-Madueke
Ignoring court order to unfreeze a N7 billion judgment in favour of a suspect
Details later…
source :Business Day
