Embattled Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu is alleged to have stolen or misappropriated ₦39 billion in recovered funds while he presided over affairs at the anti-corruption agency.
A political analyst, Jackson Ude, who disclosed this on his Twitter page @jacksonpbf, also alleged that Magu confessed to transfering ₦4bn from the missing funds to the office of the vice President, Yemi Osinbajo.
Ude alleged in his report that Magu released the N4bn to Osinbajo, the day President Muhammadu Buhari left for his last medical trip in the United Kingdom.
IBRAHIM MAGU COULD NOT ACCOUNT FOR N39BILLION: A Thread:
Embattled former acting Chairman of the EFCC stole so much that he could not account for N39BILLION, gave Osinabjo N4billion, after the VP gave instructions to him to release some of the recovered loots pic.twitter.com/xM2DhfGcah
— Jackson Ude (@jacksonpbn) July 7, 2020
Asides from the missing funds, Magu also allegedly confessed to a host of other infractions as acting chairman of the EFCC which include;
“Selling recovered properties, vehicles, houses. Specifically 167 recovered trucks missing from its Portharcourt office, could not account for 27 recovered properties sold this year. Admitted flagrantly defying Act setting the EFCC up which stipulates he reports to the supervisory ministry.
“Ignoring requests of assistance to investigate and recover about 67b by sister agencies including the office of the IG and the presidency. Confessed Movement of important records/files from EFCC HQT between 12 midnight and 4 am Tuesday by his boys.
“Could not account for missing 37b as indicated in the submitted report of the presidential asset recovery panel headed by the chairman of the FIRS.”
Magu was said to have been presented with tons of evidence relating to the allegations against him before he started confessing, begging for safe landing.Photo Credit: Getty