Magu efcc news

You're looking for news related to Magu and the Economic and Financial Crimes Commission (EFCC). Here are some recent updates:

Magu's Suspension

On July 10, 2020, President Muhammadu Buhari suspended Ibrahim Magu, the Acting Chairman of the EFCC, pending an investigation into allegations of corruption and abuse of office. The suspension was announced by the Secretary to the Government of the Federation, Boss Mustapha.

Allegations Against Magu

The allegations against Magu include:

  1. Mismanagement of recovered assets: Magu was accused of mismanaging recovered assets, including cash, properties, and vehicles, worth billions of naira.
  2. Abuse of office: Magu was accused of using his office to intimidate and harass officials of the Federal Government, including the Attorney-General of the Federation.
  3. Corruption: Magu was accused of corruptly enriching himself and his family members through the sale of recovered assets.

Investigation

The investigation into Magu's activities is being conducted by a panel set up by the President, led by Ayo Salami, a retired Justice of the Supreme Court. The panel is expected to submit its report to the President within a specified timeframe.

Reactions

The suspension of Magu has sparked reactions from various quarters, including:

  1. The EFCC: The commission has denied the allegations against Magu, describing them as "baseless" and "politically motivated".
  2. Civil Society Organizations: Some civil society organizations have welcomed the suspension, calling for a thorough investigation into Magu's activities.
  3. Political Parties: Political parties have also reacted to the development, with some calling for Magu's prosecution if found guilty of corruption.

Next Steps

The outcome of the investigation into Magu's activities is expected to determine his fate. If found guilty of corruption, Magu could face prosecution and possible imprisonment. If cleared of the allegations, he may be reinstated as the Acting Chairman of the EFCC.