Magu quizzed over 380 houses, seven crude oil-laden ships, N37billion assets

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The embattled Acting Chairman of Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, was on Wednesday confronted with more allegations, Vanguard reports.

The Justice Ayo Salami-led Presidential panel asked him to account for 380 houses and seven vessels loaded with crude oil. The probe panel also grilled on him on the disposal of assets worth N37 billion.

Magu is being grilled, following allegations raised against him by Attorney-General of the Federation and Minister of Justice, Abubakar Malami(SAN).

The panel started quizzing Magu on Monday after his arrest by detectives in Abuja.


On Tuesday, he was grilled on cash discrepancies said to be N539 billion realised from the sale of seized assets and N504 billion declared by the commission.

Vanguard also reports that, on Wednesday, at the ground floor of the Federal Criminal Investigation Department, FCID, Area 10, Abuja, where the EFCC boss is being held, his family members were allowed to visit him.

A Presidency source had said, on Tuesday, that the probe was an affirmation that nobody under the present administration was above scrutiny.

The source had also explained that the interrogation of the anti-graft boss was being done to give him the opportunity to clear himself of the weighty allegations.