Magu reveals Ministries, government agencies that benefited from recovered assets

Magu reveals Ministries, government agencies that benefited from recovered assets

The suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has claimed that some give up assets recovered by the agency, were auctioned to ministries and government agencies.

The Attorney-General of the Federation (AGF), Abubakar Malami, had accused Magu of failing to account for recovered loot and assets.

Malami alleged that Magu sold some recovered assets to his associates.

But in a letter addressed to the Ayo Salami-led presidential panel probing the allegations, Magu explained how they sold some assets.

He listed the Ministry of Humanitarian Affairs and Disaster Management and the Federal Inland Revenue Service (FIRS),

as part of agencies that received recovered vehicles through special auction with presidential approval.

Magu noted that about 450 forfeited vehicles not yet sold, although they have presidential approval to be disposed off.

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He said some of these agencies have not paid for the vehicles, but that there

an agreement for their values to deduct from the ministries’ allocation.

“On allocation of vehicles to some government agencies through special auction with presidential approval.

The beneficiary agencies include the Ministry of Humanitarian Affairs and Disaster

Management of which the valued price debited from their allocation;

State House, National Commission for Refugees and Displaced Persons; Federal Inland Revenue Service and National Directorate of Employment.

“Real properties finally forfeited to the Federal Government of Nigeria allocated to some agencies

for official use in line with the Presidential approval; Voice of Nigeria, National Directorate of Employment,

Ministry of Humanitarian Affairs and Disaster Management, North East Development Commission

and Pension Transitional Arrangement Directorate.

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“Properties under interim forfeiture order are rented by the following government agencies:

Nigerian Army, Federal Ministry of Finance, Fiscal Responsibility Commission,

Nigerians in Diaspora Commission and Federal Airports Authority of Nigeria,” Magu said.

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