By Our Reporter
Abuja (Precise Post) – Embattled Acting Chairman of the Economic and Financial Crimes Commission (EFCC) Ibrahim Magu has pushed back allegations that he diverted interests on recovered funds, saying that recovered funds were kept in Single Treasury Account (TSA) and could not have generated interest.
This is coming as the presidential panel probing alleged corrupt practices against Magu, yesterday quizzed more Directors of the commission at the Presidential Villa, Abuja.
The interrogation was a follow-up to last Thursday’s grilling of some top directors of the EFCC, including the commission’s Secretary, Mr. Olanipekun Olukoyede, and few other directors as Magu’s interrogation entered the sixth day yesterday.
This is coming as the General Overseer of Divine Hand of God Prophetic Ministries International, Abuja, Prophet Emmanuel Omale, has denied allegations that he bought a property in Dubai worth N573 million on behalf of Magu.
The EFCC’s directors, who appeared before the Justice Ayo Salami-led presidential panel investigating a 21-point allegation of financial impropriety and fund diversion levelled against Magu, were asked to tell the panel all they knew about the allegations of fund diversion and other alleged misdemeanours against Magu and the commission under his leadership.
Top directors of EFCC who had appeared before the panel last Thursday did not provide satisfactory answers and were told to return for further interrogation with files of cases they handled since 2015, including assets’ register and records of cash releases within seven days.
The directors who were reportedly tagged “Magu boys” because they were said to be especially favoured by the suspended EFCC boss, had been summoned by the panel for interrogation in view of allegations levelled against them by the Attorney-General of the Federation (AGF) and Minister of Justice, Mr. Abubakar Malami.
Malami had in a letter he earlier sent to President Muhammadu Buhari, accused the “Magu boys” of perpetrating atrocities such as extortion, selling recovered assets without following due process and failing to remit proceeds to the Federation Account.
