More Trouble For Magu As CCB Sets To Arraign Him Before CCT Over Assets Declaration Violation

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The Code of Con­duct Bureau (CCB) is said to be preparing charges against Ibra­him Magu, suspended Acting Chairman of the Economic and Financial Crimes Commission (EFCC) for allegedly failing to declare his assets.

Those who know about it said Magu would be arraigned at the Code of Conduct Tribunal (CCT).

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But his lawyer, Wahab Shittu, has denied the allegation that he did not declare his assets.

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In a statement by Wahab Shittu issued on his behalf, Magu described the alle­gation of not declaring his assets as “gross misrepre­sentation and blatant false­hood”.

A 2016 report by the DSS revealed Ibrahim Magu lives a “high-profile life­style”.

The report revealed Magu lives in a house rented for N40 million at N20 million a year which was paid for by one retired Air Commodore Umar Mohammed.

Magu is also accused of using private jets belonging to Mohammed and going on trips with bank executives being investigated by the EFCC.

According to, the report also revealed Magu was guilty of with­ holding EFCC files, obstruc­tion of justice and sabotage by the Nigerian Police Ser­vice Commission in 2010.

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