*Ordered to track down all his financial dealings
*As anti-graft agency gets new boss on acting capacity
*PDP demands Magu’s immediate prosecution
More trouble awaits the suspended acting Chairman of the Economic and Financial
Crimes Commission, EFCC, Ibrahim Magu as the Department of State Service,
DSS, the Nigerian Financial Intelligence Unit and the police have been directed to
trace secret accounts belonging to embattled for EFCC boss.
The directive was given by the Justice Ayo Salami-led probe panel that is
investigating Magu over allegations bordering on fraud, abuse of office and
Already, some Policemen attached to the Force Criminal Investigation and
Intelligence Department last Tuesday searched the home of the suspended acting
Chairman of the EFCC.
The suspended EFCC boss, who was detained by the Police after interrogation, was
returned to the police custody at about 8:30pm last Tuesday. He is still in custody as
at the time of filling this report.
A highly placed source yesterday, told Nigerian Pilot that the security agencies have
been given a matching order to track down all financial dealings of Ibrahim Magu.
According to the source, outcome of the findings is key to the probe panel’s
assignment as it will give the panel direction as well as enable it ascertain the truth in
the memo the Attorney General of the Federation and Minister of Justice, Abubakar
Malami (SAN) wrote to the president against the embattled former EFCC boss.
He said that the Nigerian security agencies, NFIU, the Central Bank of Nigeria, CBN,
and Nigerian commercial banks are expected to play key roles in the investigation as
well as cooperate with relevant agencies to accomplish the assignment.
Earlier on Tuesday, Policemen searched Magu’s house located on Abduljalil Street,
Karu Site, on the outskirts of Abuja. They reportedly took away vital documents.
The Policemen who carried out the search were said to be the same officers who
arrested Magu last Monday.
Nigerian Pilot gathered that most of the allegations against Magu emanated from a
report by Malami and a report of the Department of State Services, DSS, which was
submitted to the Senate in 2016 and 2017.
Among others, the suspended EFCC boss was accused of living above his means,
fraternising with corrupt persons and diverting recovered funds.
Also, the Justice Ayo Salami-led Presidential Panel continued sitting yesterday
behind closed doors inside one of the conference rooms in the old Banquet Hall of
the Presidential Villa, Abuja.
As at the time of filing this report, it was not clear if Magu has been taken back to the
venue from the police facility where he was detained overnight.
Like what happened last Monday and Tuesday when the panel grilled Magu for
hours, journalists were again not allowed access to the meeting venue.
Some journalists who attempted to work from the press gallery located inside the
building were politely turned back.
Even those who moved to park their cars in the car park of the facility were asked to
make use of other car parks within the Presidential Villa.
Meanwhile, indications emerged that Mr Mohammed Umar, the director of
Operations, EFCC, has been picked to oversee the affairs of the agency in the
absence of Magu.
A top official of EFCC who disclosed this to our correspondent yesterday said Umar
was chosen by the “EFCC’s hierarchy” following the suspension of Magu.
In another development, the opposition Peoples Democratic Party, PDP, yesterday
said the indictment of Ibrahim Magu has reinforced graft allegations against him, and
demanded his prosecution.
According to PDP, Magu’s indictment reinforces its position that the much-hyped war
against corruption by the EFCC under his watch has been a huge scam by corrupt
individuals to cover the plundering of public resources, harass political opponents,
intimidate and extort money from innocent Nigerians.
The party observed that the revelations of diversion of recovered funds and
fraudulent sale of assets seized by the EFCC among other sleazes as detailed in the
memo by Malami, as well as the report of the DSS, on Magu’s activities have further
exposed the racket that the fight against corruption had become under the All
Progressives Congress, APC, government.
PDP spokesman, Kola Ologbondiyan declared that this development has also
exposed why corruption has worsened under the Buhari administration as