The Division of State Companies (DSS) has reportedly arrested the performing Chairman of the Financial and Monetary Crimes Fee (EFCC), Ibrahim Magu.
A report monitored on SaharaReporters by Naija Information says the EFCC Chairman was arrested over allegations that he owns 4 properties and that he was allegedly transferring funds overseas via a 3rd celebration.
Magu, who was arrested on the Wuse II workplace of the DSS in Abuja, Nigeria’s capital on Monday afternoon, is present process interrogation on the DSS Headquarters In Aso Drive.
Naija Information remembers that the DSS had in a 2016 report, accused Magu of dwelling in a N40m mansion paid for by one Umar Mohammed, a retired air commodore who’s allegedly concerned in shady offers.
The DSS report had stated that: “In December 2010, the Police Service Fee (PSC) discovered Magu responsible of motion prejudicial to state safety – withholding of EFCC information, sabotage, unauthorised elimination of EFCC information and acts unbecoming of a police officer, and awarded him extreme reprimand as punishment.
“Magu is at present occupying a residence rented for N40m at N20m every year. This lodging was not paid [for] from the fee’s funds, however by one Umar Mohammed, air commodore retired, a questionable businessman who has subsequently been arrested by the key service.
“For the furnishing of the residence, Magu enlisted the Federal Capital Improvement Authority to award a contract to Africa Power, an organization owned by the identical Mohammed, to furnish the residence at the price of N43m.
“Investigations present that the performing EFCC chairman commonly launched into official and personal journeys via a personal jet owned by Mohammed.
“In considered one of such journeys, Magu flew to Maiduguri alongside Mohammed with a financial institution MD who was being investigated by the EFCC over complicity in funds allegedly stolen by the speedy previous petroleum minister, Diezani Alison-Madueke.
“Moreover, the EFCC boss has to date maintained a high-profile life-style. That is exemplified by his desire for first-class air travels. On 24 June 2016, he flew Emirate airways first-class to Saudi Arabia to carry out lesser hajj at the price of N2.9m. That is despite Mr President’s directive to all public servants to fly financial system class.
“Magu has fostered a helpful relationship with Mohammed who by his confession approaches shoppers for attainable exploitation, favours and related returns,” the DSS report stated.
In the meantime, President Muhammadu Buhari is but to substantiate Magu because the substantive chairman of the EFCC regardless of occupying the place in an performing capability for a few years.