chairman of the Economic and Financial Crimes Commission EFCC Ibrahim Magu has identified the presidency as well as some federal agencies as beneficiaries of some of the assets seized by the Commission.

The now suspended acting chairman in his claims said some of the forfeited assets recovered by the agency, were auctioned to ministries and government agencies.

Magu listed the Ministry of Humanitarian Affairs and Disaster Management and the Federal Inland Revenue Service (FIRS), as some of the agencies that got recovered vehicles through special auction with presidential approval.

“On allocation of vehicles to some government agencies through special auction with presidential approval. The beneficiary agencies are: the Ministry of Humanitarian Affairs and Disaster Management of which the valued price is to be debited from their allocation; State House, National Commission for Refugees and Displaced Persons; Federal Inland Revenue Service and National Directorate of Employment.

“Real properties finally forfeited to the Federal Government of Nigeria and allocated to some agencies for official use in line with the Presidential approval are: Voice of Nigeria, National Directorate of Employment, Ministry of Humanitarian Affairs and Disaster Management, North East Development Commission and Pension Transitional Arrangement Directorate,” he said.

According to him, properties under interim forfeiture order were rented by the following government agencies: Nigerian Army, Federal Ministry of Finance, Fiscal Responsibility Commission, Nigerians in Diaspora Commission and Federal Airports Authority of Nigeria.

Nigeria’s Attorney General Abubakar Malami had accused Magu of failing to account for recovered loot and assets, and he was subsequently arrested on July 6 and detained for 10 days before regaining his freedom.

Magu indicts Presidency; MDAs in EFCC seized assets scandal

Comments (0)