Connect with us

Hi, what are you looking for?

News

Allegations Against Me, Mere Fabrications – Magu

Ibrahim Magu, suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), has described the allegations levelled against him as “nonsense”.

Speaking with The Nation hours after he was released from police custody, Magu said he was shocked when he read the allegations designed to tarnish his image.

He was arrested last week and whisked to the presidential villa in Abuja, where he appeared before a panel President Muhammadu Buhari set up to probe the EFCC under him.

The panel is headed by Ayo Salami, retired president of the appeal court.

“They are nonsense. They are mere trump up allegations to tarnish my image and that of the EFCC. I did not steal or divert or convert funds to private use. I read the allegations and I was shocked,” Magu was quoted to have said.

“What I have gone through is a case of dog eats dog but I see it as one of those risks of the job… we must not give up in any way.”

Magu, who vowed to fight corruption till the end, thanked those who stood by him when he was in detention.

He asked Nigerians not to give up on the fight against corruption, saying: “Corruption kills a nation faster than any other thing.”

“I thank Nigerians for their support, they should not be discouraged. I am happy to be back, I believe the war against corruption is winnable,” he said.

“Whether I am EFCC Chairman or not, the anti-corruption war must continue.”

Magu’s travails followed a memo by Malami accusing him of grave malfeasance. He was alleged to have mishandled the recovered loot and sold seized assets to his associates.

A slew of allegations has come to the fore since his arrest. He was alleged to have purchased a property in Dubai, United Arab Emirate using a pastor as a conduit.

He was also alleged to have laundered over N500 billion through a bureau-de-change in Kaduna.

Magu earlier denied the allegations through his lawyers.

Mohammaded Umar, former director of operations at the EFCC, has taken charge of the commission in acting capacity.

____

Follow us on Twitter at @thesignalng

Copyright 2020 SIGNAL. Permission to use portions of this article is granted provided appropriate credits are given to www.signalng.com and other relevant sources.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Related

News

According to Reuters, British police said on Tuesday that they had accused Diezani Alison-Madueke, the former minister of petroleum resources for Nigeria, with bribery...

Big Story

The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa last night was suspended from office by President Bola Ahmed Tinubu to...

News

The 36 Governors in Nigeria have planned to meet with officials of the Central Bank of Nigeria and the Economic and Financial Crimes Commission,...

News

Governor Nyesom Wike of Rivers State says he won’t leave office on May 29, 2023 to “run away” from the Economic and Financial Crimes...

Copyright ©