The Presidential Panel set up to investigate corruption allegations raised against former Acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu is grilling Magu on fresh allegations of corruption.
Magu who has been facing the Panel led by Justice Ayo Salami Since Monday is facing new rounds of allegations which ranged from ownership of properties in Dubai to selling of 157 oil tankers seized from the Port Harcourt Office of the EFCC…
Magu was said to have travelled regularly to Dubai and allegedly sold off about 157 Oil tankers without following due process and not remitting the money to government coffers.
Reports say Magu was unable to offer explainations for some of the allegations while he managed to explain for others.
Magu was arrested on Monday following allegations of corruption raised against him by the Attorney General and Minister of Justice,. Abubakar Malami
He was accused of allegedly diverting recovered looted funds,insurbodination, and misconduct