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Contradictory Recovery Figures

Ibrahim Magu failed to account for interest on N550 billion recovered loot – panel

Voice of Nigeria A prior presidential panel, which investigated the suspended acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, indicted him, a report has alleged. The report noted that the embattled EFCC boss had been unable to account for the interest generated from N550bn cash recovered from 2015 to 2020. The panel is separate from the panel led by a former President of the Court of Appeal, Justice Ayo Salami, which is currently probing Magu and other top officials of the agency. The chairman of the previous committee was Alhaji Abdullahi Ibrahim and the members were DIG Anthony Ogbizi; a member from Federal Ministry of Justice; Mualledi Dogondaji from the EFCC; Hassan Abdullahi from the DSS; an unnamed member from the Office of the Accountant General of the...