Magu Failed To Account For 332 Recovered Property

The suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has again been accused of failing to give a proper account of missing 332 – out of the 836 recovered – real estate property in March 2018.

Magu has not specifically reacted to the latest allegations, but he has always maintained he did nothing wrong.

Magu is reported to have written to the Inspector-General of Police in which he “provided both documentary and oral evidence to clear the air on all the allegations.”

His counsel last weekend said Magu had submitted video and documentary evidence to Attorney-General Abubakar Malami before now and would produce more to shame critics.

President Buhari Appoints Umar As EFCC Acting Chairman Following Magu’s Suspension

President Buhari has appointed Mohammed Umar as the new Acting Chairman of the Economic and Financial Crimes Commission (EFCC).

This is coming after the arrest and subsequent suspension of Ibrahim Magu who earlier occupied the position until Monday when DSS operatives took him in for questioning.

Umar’s appointment was announced in a statement by Abubakar Malami, Attorney-General of the Federation (AGF) through his media aide, dr. Umar Jibril Gwandu.

The statement reads:

EFCC Arrests 4 Undergraduates, 3 Others For Internet Scam

The Economic and Financial Crimes Commission, EFCC, has arrested four undergraduates and three others for alleged involvement in Internet scam.
They were arrested in two different locations in Ibadan, Oyo State.

The undergraduates are: Otuyalo Damilola, a 400 level student of Computer Science of Lead City University, Ibadan; Adegbuyi Michael, an undergraduate of University of Kaula Lumpur, Malaysia; Ibrahim Aruna, a student of Mineral Resources Engineering, Federal Polytechnic, Ado-Ekiti, Ekiti State and Adeosun Matthew, a 200 level student of Banking and Finance, University of Ado-Ekiti, Ekiti State. Others are Afolabi Ayodele, Balogun Olumuyiwa and Abiola Okunola.

Credit: Sahara Reporters