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Fraud:  Magu Could Not Account For N39Billion As He Allegedly Gave Osinbajo N4Billion

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Embattled former acting Chairman of the EFCC stole so much that he could not account for N39BILLION, gave Osinabjo N4billion, after the VP gave instructions to him to release some of the recovered loots

Sold recovered properties, vehicles, houses. Specifically 167 recovered trucks missing from its Portharcourt office, could not account for 27 recovered sold this year. Admitted flagrantly defying Act setting the EFCC up which stipulates he reports to the supervisory ministry.

Ignoring requests of assistance to investigate and recover about 67b by sister agencies including the office of the IG and the presidency. Confessed Movement of important records/files from efcc HQT between 12 midnight and 4 am Tuesday by his boys.

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Could not account for missing 37b as indicated in the submitted report of the presidential asset recovery panel headed by the chairman of the FIRS.

Specifically mentioned a N4b that he released to the VP based on directives the very day the president left the country for UK on medical treatment.

Magu was head strong on Monday when he was picked up. Investigators said he refused to speak on any issue they asked. On Tuesday, when they showed him documents and evidences, he started confessing. He is now begging for soft landing, an investigator said.

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Jake Clifford

Jake Clifford is a Nigerian Born blogger and a fast growing Journalist, whose aim is to inform Nigerians with happening across Nigeria. Send story tips to him via [email protected] or


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