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Did You Know That Magu Has Been Released

Did you know that the suspended acting chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has been released after facing a presidential panel in Aso Rock.

Magu’s lawyer, Wahab Shittu, confirmed the release of his client by the presidential panel investigating allegations against him.

In a telephone conversation with Nairagists journalist, Shittu disclosed that Magu was released early in the day and is currently in his house in Abuja.

His words: “Yes, I can confirm to you that Magu has been released on bail. He is currently in his house as we speak.”

Pressed for details on Magu’s bail condition, Shittu said he will speak on that much later.

The embattled former anti-graft chairman had been facing a presidential probe panel on corruption allegations bordering:

Alleged discrepancies in the reconciliation records of the EFCC and the Federal Ministry of Finance on recovered funds.

1. Declaration of N539 billion as recovered funds, instead of N504 billion earlier claimed;

2. Insubordination to the Office of the AGF;

3. Alleged late action on the investigation of P&ID, leading to legal dispute;

4. Not respecting court order to unfreeze a N7 billion judgement in favour of a former executive director of a bank;

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