CCB to prosecute Magu over dormant account, ‘Port Harcourt property’

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, TheCable understands.

According to sources in the know, Magu is to be prosecuted for allegedly failing to list a bank account in his asset declaration form.

TheCable understands that the First Bank account had not been operated by Magu for five years and gone dormant.

The CCB, TheCable 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 told TheCable.

 

 

– The Cable

About Delia Innoma

Delia Innoma is a prolific writer, promoter, artist manager with full professional proficiency in English, German and Igbo languages. She studied accounting and computer programming at the Institute of Management and Technology Enugu and Germany respectively. Delia is also a devoted mother of two and she founded the Diamond Celebrities Magazine. Her sense of responsibility and commitment to the Christian faith are essential forces driving her daily activities.

No comments yet... Be the first to leave a reply!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: