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EFCC Boss, Magu In N37 Billion Mess

Embattled Economic and Financial Crimes Commission (EFCC) boss, Ibrahim Magu is in hot soup.

Sources told us that, Justice Ayo Salami-led Presidential panel asked him to account for 380 houses and seven vessels loaded with crude oil.

Insiders added that the probe panel also grilled on him on the disposal of assets worth N37 billion.

Magu is being grilled, following allegations raised against him by Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN).

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The panel started quizzing Magu on Monday after his arrest by detectives in Abuja. On Tuesday, he was grilled on cash discrepancies said to be N539 billion realised from the sale of seized assets and N504 billion declared by the commission.

Both issues are part of the over 20 allegations levelled against the anti-graft agency chairman by the AGF.

Meanwhile, he is being detained on the ground floor of the Federal Criminal Investigation Department, FCID, Area 10, Abuja.