•Why Magu is being investigated-Presidency
What happens when the proverbial hunter becomes the hunted?
This may appear to be the fate of the country’s chief anti-corruption czar, Mr. Ibrahim Magu, who has been suspended as the acting Chairman of the Economic and Financial Crimes Commission (EFCC).
The suspension which is yet to be officially announced was confirmed by top officials at the presidency.
Magu, was yesterday detained at the Force CID building after been whisked away by operatives of the Department of State Security (DSS), early Monday.
The EFCC boss, who also appeared before a Presidential Investigative Panel on Anti-corruption chaired by Justice Ayo Salami, at the Villa yesterday, has been slammed with several allegations from the memo submitted by the Attorney General of the Federation and the Minister of Justice, Abubakar Malami.
The ten major allegations against Magu as compiled by PRNigeria are listed below:
1. Insubordination to the Office of the AGF.
2. Alleged ‘relooting of recovered loots’ and Sale of seized assets to cronies, associates and friends.
3. Alleged favouritism towards selected EFCC investigators called the ‘Magu Boys’ for ‘juicy’ assignments.
4. Alleged leakages of investigative reports that were prejudicial to some cases to some selected media.
5. Alleged discrepancies in the reconciliation records of the EFCC and the Federal Ministry of Finance on recovered funds.
6. Alleged declaration of N539b as recovered funds instead of N504b earlier claimed.
7. Not providing enough concrete evidences against some suspects including on Diezani Alison-Madueke for her extradition.
8. Reporting some judges to their presiding officers without deferring to the AGF.
9. Late action on the investigation of P&ID leading to legal disputes.
10. Not respecting court order to unfreeze a N7b judgment in favour of a former.
In the same vein, Presidency says the ongoing interrogation of the acting chairman of EFCC, is to clear him of weighty allegations leveled against him.
A presidency source, who preferred not to be named, told State House correspondents in Abuja on Tuesday, July 7; that the probe of Magu was an affirmation that nobody under “the present administration is above scrutiny.’’
The source, who could neither confirm nor deny the suspension of Magu as reported by traditional and social media outfits; maintained that the investigation of the EFCC boss was to reinforce the Buhari administration’s commitment to transparency and accountability.
He affirmed that the holder of an elevated office such as the chairman of the EFCC must be above suspicion.
According to the source, the Buhari administration would not prejudge anyone because it can be counted on to uphold justice and fairness.
The source said: “The panel investigating allegations against the Acting EFCC Chairman had been sitting for some weeks now.
“In consonance with the principle of fairness and justice; it was needful that the Acting Chairman be given the opportunity to respond to the allegations, which are weighty in nature.
“Under the Muhammadu Buhari administration, nobody is above scrutiny. The investigation is to reinforce transparency and accountability, rather than to vitiate it.
“Accountability for our actions or inactions is an inalienable part of democracy. In such an elevated position as that of EFCC Chairman, the holder of the position must be above suspicion.
“There’s no prejudgment — absolutely none. The Buhari administration can be counted on to uphold fairness and justice at all times.”
A presidency source had earlier confirmed that Magu was on Tuesday afternoon suspended from office; following the ongoing investigation by the presidential panel, headed by retired Justice Ayo Salami.
Credits| PRNigeria, 1stN