The Presidential panel set up to probe the suspended acting Chairman of the Economic and Financial Crimes Commission , Ibrahim Magu , has begun a physical verification of all assets seized by the EFCC , The PUNCH has learnt .

The panel , led by a former President of the Court of Appeal , Justice Ayo Salami , has visited Lagos , Abuja, Rivers State and a few other major offices of the commission .

A source close to the panel said the aim of the exercise was to verify claims made by Magu regarding the seizure of assets .
The source , who wished to remain anonymous , said, “ Members of the panel have been visiting major zonal offices of the EFCC . We have visited Abuja , Lagos , Port Harcourt and we will visit Ibadan this week .
“ We visited some of the houses which Magu claimed to have seized . However, some of them which he claimed to have been seized had no markings of ‘ EFCC Keep Off !’ while in some other cases , the alleged looters were still living in them .

“ Some houses are also being occupied by strange persons. Magu claims to have obtained presidential approval to allocate the properties to them . Unfortunately , he has not been able to provide the letter of authorisation he purportedly got from the President .

“ A lot of vehicles that were seized were also in a bad shape . Some of these vehicles had some parts of their engines removed while for some others , tyres had been removed. We are compiling all the reports .”

When asked when the final report would be submitted to the President , Major General Muhammadu Buhari ( retd .) , he said the panel would most likely submit it next week .

“ As you know, we ended sittings like two weeks ago . It is the verification that is delaying us. Once we are done with our nationwide tour , we will compile our report and send it to the President ,” he said.

Magu and over 13 other senior officials of the EFCC including its Secretary, Ola Olukoyede , were suspended in July following a report by the Attorney -General of the Federation , Abubakar Malami ( SAN) , accusing Magu of being unable to account for the interest that accrued to over N 550 bn recovered funds.

The report of the AGF , which was based on the investigation of a separate panel he personally set up , stated that Magu allegedly purchased a house in Dubai for N 570 m , an allegation that the suspended EFCC boss has constantly denied.

Based on the allegations , Buhari named a panel of seven including Justice Ayo Salami ( North - Central ); Deputy Inspector -General of Police , Michael Ogbezi ( South -South ); a representative of the Federal Ministry of Justice , Muhammad Babadoko ( North - Central ); and Hassan Abdullahi from the Department of State Services ( North - Central ) .

Others are Muhammad Shamsudeen from the Office of the Accountant General of the Federation ( North -West ) bDouglas Egweme from the Nigerian Financial Intelligence Unit ( South - East) , and Kazeem Atitebi ( South - West ) who serves as the Secretary .

Efforts to speak to Magu ’s lawyer , Tosin Ojaomo , on Wednesday proved abortive as he did not respond to calls .


https://punchng.com/magu-presidential-panel-begins-verification-of-seized-assets/

Lol! "Efforts to speak to Magu ’s lawyer , Tosin Ojaomo , on Wednesday proved abortive as he did not respond to calls "

clairebode:
Lol! "Efforts to speak to Magu ’s lawyer , Tosin Ojaomo , on Wednesday proved abortive as he did not respond to calls "

Arrrrrrrh

Mean while the lawyer was chilling with soft drinks . he can't answer the phone cause this life man gat to flex.

With sense lawyer wan Japa.

gaius01:


Arrrrrrrh

Mean while the lawyer was chilling with soft drinks . he can't answer the phone cause this life man gat to flex.

With sense lawyer wan Japa.

q

Anything less than arresting Malami, is just a show of mediocrity.
The guy turns to billionaire in just 5years with big mansions,plazas and hotels all over Kano,sokoto, kebbi and Abuja