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I will defend myself – Ibrahim Magu

The suspended Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has said he would not keep his mouth shut on allegation leveled against him, stating that he would defend himself.

Speaking through his lawyer, Wahab Shittu, Magu said the allegations were prejudicial to the proceedings of the panel.

Shittu said: “Take notice that our client can no longer fold his hands in the face of these sustained malicious attacks to prejudge him in the public space.

“Our client will, henceforth, point by point, reply to all false allegations orchestrated against him in the public space on a daily basis, as well as present his comprehensive defense for the world to see.

“This is without prejudice to the willingness of our client to defend himself in the ongoing proceedings at the Presidential Investigation Panel.

“The truth of the matter is that well over N329 billion recovered by EFCC under our client’s watch was remitted directly into NNPC dedicated accounts under a special arrangement endorsed by NNPC, EFCC and the affected NNPC’s indebted marketers.

“By virtue of the said special arrangement, NNPC had requested formally that the EFCC recover the said amount from the affected NNPC’s marketers who were expected to pay such funds directly to NNPC while NNPC, in turn, confirmed receipt of such payments to EFCC.

According to him, “our client has never been confronted with any such allegations purportedly arising from the panel’s proceedings. The story attributed to the panel which has become a recurring decimal, is a dangerous attempt to discredit the work of the honourable panel.”

On the allegation that he was shielding some persons in the Federal Inland Revenue Service, FIRS, from prosecution, Magu said it is “falsehood from the pit of hell”.

He said: “Investigations were painstakingly conducted by EFCC under our client’s watch. The matter has since been referred for prosecution. Charges have been prepared ahead of arraignment in court.

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