Ibrahim Magu, the suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), has described the allegations levelled against him as “nonsense”.
Speaking after he was released from police custody, Magu said he was shocked when he read the allegations designed to tarnish his image.
He was arrested last week and whisked to the presidential villa in Abuja, where he appeared before a panel President Muhammadu Buhari set up to probe the EFCC under him.
“This are all nonsense. They are mere trump up allegations to tarnish my image and that of the EFCC. I did not steal or divert or convert funds to private use. I read the allegations and I was shocked,” Magu was quoted to have said.
“What I have gone through is a case of dog eats dog but I see it as one of those risks of the job… we must not give up in any way.”
I Was Shocked When I Read The Nonsense Allegations Against Me – Ibrahim Magu
Magu, who vowed to fight corruption till the end, thanked those who stood by him when he was in detention.
He asked Nigerians not to give up on the fight against corruption, saying: “Corruption kills a nation faster than any other thing.”
““I thank Nigerians for the assist and that they should now not be discouraged. I am happy to be back, I believe the war against corruption is winnable,” he said.
“Whether I am EFCC Chairman or not, the anti-corruption war must continue.”
SEE ALSO: 12 EFCC Directors Suspended By Federal Govt.
Magu’s travails accompanied a memo by Malami accusing him of grave malfeasance. He was imagined to have mishandled the recovered loot and bought seized assets to his associates..
A slew of allegations has come to the fore since his arrest. He was alleged to have purchased a property in Dubai, United Arab Emirate using a pastor as a conduit.
I Was Shocked When I Read The Nonsense Allegations Against Me – Ibrahim Magu
He was also alleged to have laundered over N500 billion through a bureau-de-change in Kaduna. Magu earlier denied the allegations through his lawyers.
Mohammaded Umar, former director of operations at the EFCC, has taken charge of the commission in acting capacity.