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10 July 2020

EFCC Chairman Facing Serious Allegations Of Embezzlement- Alleged Misappropriation of over 380 House, Crude Oil Ships & Many Other Assets





Embattled EFCC Chairman, Magu has been asked to account for 380 houses and seven vessels loaded with crude oil.

The probe panel also grilled on him on the disposal of assets worth N37 billion.

Magu is being grilled, following allegations raised against him by Attorney-General of the Federation and Minister of Justice, Abubakar Malami(SAN).

His Woes started 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.

Both issues are part of the over 20 allegations levelled against the anti-graft agency chairman by the AGF.

He is being held at the Federal Criminal Investigation Department, FCID, Area 10, Abuja and is being allowed visitation from family members.

A presidential source further confirmed that the probe shows that no one individual is above scrutiny and Magu simply needs to clear his name from a number of  the serious allegations levied against him.

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