The Acting chairman of the Economic and Financial Crimes Commission (EFCC) Ibrahim Magu has been arrested by the DSS today over allegations of owning more than five exotic properties home and abroad.
He is also alleged to have been involved in money laundering and transferring funds abroad through a third party worth millions of dollars.
Ibrahim Magu has been accused of maintaining a high profile life style, flying first class airlines a case at hand was when he travelled to Saudi Arabia for lesser hajj took first class worth 2.9 million inspite of the presidential directive of economy ticket for all public servants, and also said to be living in a mansion worth over 40 million naira being paid by one retired air commodore Umar Mohammed, a man who is also being accused of corruption and has been arrested too. Magu was said to have awarded him a contract through his firm Africa Energy to the Tune of 43 million to furnish the said apartment.
In December 2010, the Police Service Commission (PSC) found Magu guilty of acts prejudicial and unbecoming of a police officer including sabotage,withholding of files, authorized removal of sensitive documents amongst other allegations which made the DSS to write to the 8th National Assembly a damning report which forestall his hope of being recommended as a substantial head of the anti-graft agency and has been asked to step aside pending the conclusion of his investigation.