The Presidential panel has confronted embattled Acting Chairman of Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, with more allegations. The Presidential panel, led by Justice Ayo Salami, asked him to account for 380 houses and seven vessels loaded with crude oil.

The probe panel also questioned him on the disposal of assets worth N37 billion. The panel started quizzing Magu on Monday after his arrest by detectives in Abuja following a series of allegations levied against him by the Attorney General of the Federation, Abubakar Malami.

On Tuesday, he was grilled on cash discrepancies said to be N539 billion realized from the sale of seized assets and N504 billion declared by the commission.

According to reports, Magu’s family members are allowed to visit him on the ground floor of the Federal Criminal Investigation Department, FCID, Area 10, Abuja, where he is being held.

A Presidency source had said, on Tuesday, that the probe was an affirmation that nobody under the present administration was above scrutiny. The source also explained that the interrogation of the anti-graft boss was being done to give him the opportunity to clear himself of the allegations levelled against him.

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