I Was Shocked When I Read The ‘Nonsense’ Allegations Against Me – Magu

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I Was Shocked When I Read The ‘Nonsense’ Allegations Against Me - Magu

Ibrahim Magu , suspended acting chairman of the Economic and Financial Crimes Commission (EFCC) , has described the allegations levelled against him as “nonsense”.

Speaking with The Nation hours after he was released from police custody , Magu said he was shocked when he read the allegations designed to tarnish his image.

He was arrested last week and whisked to the presidential villa in Abuja , where he appeared before a panel President Muhammadu Buhari set up to probe the EFCC under him.

The panel is headed by Ayo Salami , retired president of the appeal court.

“They are nonsense. They are mere trump up allegations to tarnish my image and that of the EFCC. I did not steal or divert or convert funds to private use. I read the allegations and I was shocked ,

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” Magu was quoted to have said.

“What I have gone through is a case of dog eats dog but I see it as one of those risks of the job… we must not give up in any way.”

Magu , who vowed to fight corruption till the end , thanked those who stood by him when he was in detention.

He asked Nigerians not to give up on the fight against corruption , saying:

“Corruption kills a nation faster than any other thing.”

“I thank Nigerians for their support , they should not be discouraged. I am happy to be back , I believe the war against corruption is winnable , ” he said.
“Whether I am EFCC Chairman or not , the anti-corruption war must continue.”

Magu’s travails followed a memo by Malami accusing him of grave malfeasance. He was alleged to have mishandled the recovered loot and sold seized assets to his associates.

A slew of allegations has come to the fore since his arrest. He was alleged to have purchased a property in Dubai , United Arab Emirate using a pastor as a conduit.

He was also alleged to have laundered over N500 billion through a bureau-de-change in Kaduna.

Magu earlier denied the allegations through his lawyers.

Mohammaded Umar , former director of operations at the EFCC , has taken charge of the commission in acting capacity.

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