Magu Questioned Over 380 Houses, 7 Crude Oil Ships, N38bn Assests

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

The proceedings were led by Justice Ayo Salami, who headed the Presidential panel as Magu was asked to account for over 380 houses and seven vessels loaded with crude oil linked to him.

The probe panel also grilled on him on the disposal of assets worth N37 billion.

Magu, who is currently finding a hard time is questioned following allegations raised against him by Attorney-General of the Federation and Minister of Justice, Abubakar Malami(SAN).

The Presidential 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.

Both issues are part of the over 20 allegations levelled against the anti-graft agency chairman by the AGF.

It was also discovered Magu js held on the ground floor of the Federal Criminal Investigation Department, FCID, Area 10, Abuja; his family members are allowed to visit him. is headed by Jayamma Abanobi and it is one of the fastest growing News and Information outlet in Nigeria

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