Ibrahim Magu, acting Chairman of the Commission on Economic and Financial Crimes, was arrested by the Department of State Services.
He was arrested on charges of owning four properties and allegedly transferring funds abroad through a third party.
He was arrested at the Wuse II office of the DSS on Monday afternoon and is currently being interrogated at the DSS Headquarters in Aso Drive.
a 2016 report, the DSS revealed that the accused of living in an N40 m mansion had been paid by a retired air commodore, Umar Mohammed, allegedly involved in shady deals.In
“In December 2010, the Police Service Commission (PSC) found Magu guilty of actions prejudicial to state security – withholding files from the EFCC, sabotaging, unauthorized removal of files from the EFCC and improper acts of the police officer, and sentenced him to severe reprimand as punishment.
Magu is currently occupying a rented N40 m residence at N20 m per year. This accommodation was not paid [for] the finances of the commission, but by a retired air commodore, Umar Mohammed, a questionable businessman who was subsequently arrested by the secret service.
Investigations show that the acting chairman of the EFCC regularly embarked on official and private trips through a private jet owned by Mohammed.”
In one of those trips, Magu flew to Maiduguri alongside Mohammed with the MD bank, which was being investigated by the EFCC for complicity in funds allegedly stolen by the immediate past oil minister, Diezani Alison-Madueke.
“The EFCC boss has also maintained a high-profile lifestyle so far. This is exemplified by his preference for first-class air travel. On 24 June 2016, Emirate airlines flew first-class to Saudi Arabia to perform less hajj at a cost of N2.9m. This is despite the President’s Directive on all public servants to fly the economy class.”
Magu has fostered a beneficial relationship with Mohammed who, by his confession, is approaching clients for possible exploitation, favors and associated returns,” said the DSS report.
spite of occupying a position in acting capacity for many years, Magu is yet to be confirmed as the substantive chairman of the EFCC.In