The EFCC boss was arrested on grounds of him looting and laundering certain government funds. He was also detained on grounds that he couldn’t account for Five hundred and Fifty billion Naira that was recovered by the Federation.
Also, he was accused to have sold certain oil tankers that was confiscated from some Port Harcourt Oil bunkers.
Magu was also accused of owning a property in Dubai, the United Arab Emirates. The said property was said to be too expensive than what he can afford.
over the last four years, it was noted that Magu has always failed to submit the Economic Financial Crimes Commission’s audited records.
Magu was finally released today after he has spent ten days in detention. His guilt or innocence is still yet to be known.
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