Magu Lists Beneficiaries Of Assets Recovered By EFCC
The embattled acting Chairman of the Economic and Financial Crimes Commission, EFCC, Mr Ibrahim Magu has listed the ministries and government agencies who he claimed are the beneficiaries of some of the forfeited assets recovered by the EFCC.
Magu revealed this in a letter addressed to the Ayo Salami-led presidential panel probing the allegations levelled against him.
He named the Ministry of Humanitarian Affairs and Disaster Management and the Federal Inland Revenue Service as part of agencies that got recovered vehicles through special auction with presidential approval.
Other agencies listed by Magu include National Commission for Refugees and Displaced Persons, National Directorate of Employment, Voice of Nigeria, North East Development Commission and Pension Transitional Arrangement Directorate.
Magu, who noted that about 450 forfeited vehicles are yet to be sold off added that some of these agencies have not paid for the vehicles.
He further stated that there was an agreement that their values will be deducted from the ministries allocation.
Magu also listed the real properties that have been forfeited to the Federal Government of Nigeria and allocated to some agencies for official use in line with the Presidential approval.
According to him, properties under interim forfeiture order are rented by the Nigerian Army, Federal Ministry of Finance, Fiscal Responsibility Commission, Nigerians in Diaspora Commission and Federal Airports Authority of Nigeria.
You will recall that the Attorney-General of the Federation and the Minister of Justice, Abubakar Malami, had accused Magu of failing to account for recovered loot and assets.
Malami alleged that Magu sold some of the recovered assets to his associates which led to his arrest by officials of the Department of State Services (DSS) on July 6, 2020.
He was detained for 10 days before regaining his freedom.