•Quizzed on alleged looted assets’ disposal

The presidential panel investigating graft allegations against embattled acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has given him two days to consult his lawyers.

The panel reportedly granted Magu the opportunity “when his responses to the allegations were incoherent,” a security source told Daily Sun yesterday.

For the third day in a row, Magu faced the panel sitting at the Banquet Hall of the Presidential Villa, Abuja, to account for his stewardship at the EFCC since November 2015. Among other allegations, the probe panel asked the EFCC boss to account for the specific number of properties recovered by the commission under his watch and what happened to them, the locations of the recovered property, how they were sold, whether the sale process(es) followed due process and the present state of those still in the commission’s custody.

Said the source: “From some of his submissions before the committee, he could not account for the exact figure of the assets in EFCC custody and what has even become of them. Even for the ones sold, he was incoherent when confronted with details of their disposal.”

The panel, it was further gathered, asked Magu if the bidding process(es) for the sold assets were advertised in national newspapers, as required by law, the short-listing process(es) and whether other government agencies were involved in the sale process(es) and also, whether the Presidency, through the Office of the Attorney-General of the Federation, was notified and involved in the disposal of looted assets, and “he was not coherent in his reply to these allegations.”


This reportedly prompted the probe panel to give him “two days to meet with and present his defence lawyers from Lagos,” according to report monitored by the News Agency of Nigeria.

The committee chaired by Justice Ayo Salami (retd), decided to give Magu the opportunity of “legal counsel,” as the “allegations against him are weighty.”

A Presidency source had on Tuesday told State House correspondents that Magu was suspended from office following the ongoing investigation by the presidential panel.

Since Monday night when he was invited to appear before the panel, Magu has been spending the night at the FCID.

https://www.sunnewsonline.com/magu-gets-2-days-to-prepare-legal-defence/

it getting serious daily ,

good

When your corruption and karma comes calling.Guess Magu now will not say corruption is fighting back?

This one EFCC rushed to arrest his accomplice, Air commodore Umar.....I am having this feelings that he'd be compelled to testify in favor of Magu since the duo have been accused of laundering money together.....


And not forgetting Osinbajo....He needs to also clear his name!!!


Quote me all you want...But you see Osinbajo he's a thief until proven otherwise by a competent court of law!!

HushMagu

One day bush meat go catch the hunter...

We know where it will end na since he claimed he gave PYO 4billion naira
None of their leaders don keep clean record
See what Magu’s food will look like if he ends up in jail

Good

E don red!

Chai magu don cast,magu has steps on gladiators toes
Nigeria.... There was a country

Ok next news pls










All this men na Aro baggars

Nigeria, where are we heading to?

Corrupt people probing corrupt people only to later get probed by a new set of corrupt people.

smh

Why this haste to put Magu to the sword? Yh, it was all dramatic when it all started but I'm beginning to have an uneasy feelng about the whole episode. Is there something more to this? Is this just a smokescreen? Why the sudden haste? I just hope this whole fracas is not a preamble to some unknown sinister plan. You never can trust these presidency guys.

Magu don tire me

If only my president is truly Mr. Integrity.

If only he's not a lifeless being..

Magu would've been a scapegoat to others..

But it will end in laugh for Magu las las..

Yahoo yahoo

Na Hausa muslims affair so nothing concern me.

Good.

That's way more time than he gives Yahoo boys before giving them placard to carry and displaying their pictures all over the news.

styless:
wawu

What is wawu?

yanabasee1:
This one EFCC rushed to arrest his accomplice, Air commodore Umar.....I am having this feelings that he'd be compelled to testify in favor of Magu since the duo have been accused of laundering money together.....


And not forgetting Osinbajo....He needs to also clear his name!!!


Quote me all you want...But you see Osinbajo he's a thief until proven otherwise by a competent court of law!!

No u r either being mischievous or lack legal knowledge... That's not how the law works... Osibanjo is innocent until proven guilty... The burden of proof is on u.... But what more he enjoys immunity

Lobatan

Tinubu
Osinbajo
Ameachi
Atiku
All should be arrested too
Nonsense