BREAKING: DSS arrests EFCC Chairman, Ibrahim Magu - Daily Post Nigeria

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BREAKING: DSS arrests EFCC Chairman, Ibrahim Magu

Ibrahim Magu, Acting Chairman of the Economic and Financial Crimes Commission , has been arrested by the Department of State Services .He is also alleged to have transferred funds abroad through a third party.

In 2016, DSS accused the EFCC boss of living in a N40m mansion paid for by one Umar Mohammed, a retired Air Commodore.The DSS report said on December 2010, the Police Service Commission found Magu guilty of action prejudicial to state security – withholding of EFCC files, sabotage, unauthorised removal of EFCC files and acts unbecoming of a police officer, and awarded him severe reprimand as punishment.It noted that Magu is “currently occupying a residence rented for N40m at N20m per annum.

DSS stated that Magu enlisted “the Federal Capital Development Authority to award a contract to Africa Energy, a company owned by the same Mohammed, to furnish the residence at the cost of N43m” In one of such trips, the report added that Magu flew to Maiduguri alongside Mohammed with a bank MD who was being investigated by the EFCC over complicity in funds allegedly stolen by the immediate past petroleum minister, Diezani Alison-Madueke.“Furthermore, the EFCC boss has so far maintained a high-profile lifestyle. This is exemplified by his preference for first-class air travels.

“Magu has fostered a beneficial relationship with Mohammed who by his confession approaches clients for possible exploitation, favours and associated returns,” the DSS report said.

 

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