Ibrahim Magu, who is suspended as the acting Chairman of the Economic and Financial Crimes Commission, EFCC, is being investigated by the Presidential panel over properties which he was alleged to have bought in Dubai, the United Arab Emirates.
Magu has been in the police custody since when he was arrested on Monday, also, he was interrogated for the third time on Wednesday.
It was reported that more allegations against Magu has emerged as the Presidential panel continues prove his case as he was again detained after Wednesday interrogation.
Magu was seen wearing a plain clothes when he was taken by security agents in front of the former EFCC Headquarters on Fomella Street, Wise 2, Abuja, in the afternoon on Monday and was forced to appear before the panel.
Since on Monday, he has been in police custody at the Criminal Investigation Department, at Garki, where he appeared before the presidential panel to answer questions on the allegations filed against him by the Attorney General and Minister of Justice, Abubakar Malami (SAN).
What transpired on Monday and Tuesday was when the panel questioned Magu for so many hours and journalist were barred from entering the Old Banquet Hall of the Presidential Villa, which is the venue if the interrogation.
Some news reporters at the state house tried to access the press gallery located inside the building but they were politely asked to go back.
Some journalists who made attempts to park their vehicles in the car park of the facility were also told to use other car parks within the Presidential Villa.
It was reported that the panel led by Justice Ayo Salami was interested in knowing if it is true that Magu acquired properties abroad, especially the ones in Dubai, he was alleged to have travelled several times on both private and official visits.
It was also understood that the panel that ye had been alleged to have looted N39 billion of which the money was said to be part of the recovered loot.
Some sources explained that the panel will look at the documents recovered from Magu’s house and they will audit his earnings and bank records.
Another also said that the panel was currently working to check if Magu have truly acquired properties in other places abroad as well as Dubai. The panel is also looking into the alleged funds that Mr. Magu have diverted from the recovered loot.
The source said he doesn’t know how far the panel will go in checking these allegations, but he said that real estate leaves a track that cannot be concealed. He said the panel had planned to subject documents obtained from Magu’s apartment and office for forensics analysis.
After Mr. Magu had been questioned for about eight hours on Wednesday, Magu was taken back to police custody, where he spent two nights.