The Code of Conduct Bureau (CCB) will arraign Ibrahim Magu, the suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), before the Code of Conduct Tribunal (CTC) any moment from now,
According to sources in the know, Magu is to be prosecuted for allegedly failing to list a bank account in his asset declaration form.
It was gathered that the First Bank account had not been operated by Magu for five years and gone dormant.
The CCB, it was learnt, has also listed a property in Port Harcourt, Rivers state, allegedly owned by the police commissioner as part of the evidence to be used against him at the tribunal.
Magu had previously been accused of owning properties in Dubai, Lagos and Abuja — but it now appears there is no substance to the allegations.
His team has maintained that he owns only one house and it is in Karu, Nasarawa state.
“We thought they said he owned houses in Dubai and Banana Island but now it is a phantom property in Port Harcourt that is being linked to him,” a member of his team confirmed
Magu, who was named acting chairman of the EFCC in 2015 and was never confirmed until his suspension in July 2020, had been invited by the CCB to answer questions on his asset declaration.
This came at the time he was also being investigated by the Justice Ayo Salami panel, which has now recommended his sack and prosecution for alleged corruption in office — an allegation Magu has consistently denied.
Magu failed to appear before the CCB, citing his lack of access to the documents being requested.
In a statement issue on Sunday, Wahab Shittu, counsel to Magu, denied that the suspended chairman shunned the bureau.
The Cable
