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EFCC re-looted 222 assets recovered from Maina, others ― Witness


EFCC re-looted 222 assets recovered from Maina, others ― Witness
Friday Olokor, Abuja
A witness, Ngozika Ihuoma, on Thursday, told a Federal High Court in Abuja, that the Economic and Financial Crimes Commission, under its former acting Chairman, Ibrahim Magu, mismanaged 222 assets worth N1.63tn.
The money was recovered by the defunct Pension Reform Taskforce Team.
Ihuoma appeared as the first defence witness in the ongoing trial of the erstwhile Chairman of the disbanded PRTT, Abdulrasheed Maina.
He told the court that Magu admitted before the Justice Ayo Salami Judicial Commission of Inquiry that he shared most of the properties based on a presidential directive. ....

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Breaking News | Crime How Ibrahim Magu shared recovered assets among friends, associates


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A witness, Ngozika Ihuoma, on Thursday, told a Federal High Court in Abuja, that the Economic and Financial Crimes Commission, EFCC, under its former acting Chairman, Ibrahim Magu, mismanaged 222 assets worth N1.63tn.
Abubakar Malami, attorney-general of the federation (AGF), had accused Magu of failing to properly account for recovered loot and assets. The AGF alleged that Magu sold some of the recovered assets to his associates.
 
The money was recovered by the defunct Pension Reform Taskforce Team.
Ihuoma appeared as the first defence witness in the ongoing trial of the erstwhile Chairman of the disbanded PRTT, Abdulrasheed Maina. ....

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Witness indicts EFCC, Magu in Abdulrasheed Maina's trial


Witness indicts EFCC, Magu in Abdulrasheed Maina’s trial
On
Magu
Ngozika Ihuoma, defence witness, on Thursday, indicted the Economic and Financial Crimes Commission (EFCC) and its sacked Chairman, Ibrahim Magu, in the ongoing trial of Abdulrasheed Maina, former Chairman, defunct Pension Reformed Task Team (PRTT).
Ihuoma, a management consultant, whose firm, Crincad & Cari Nigeria Ltd was contracted by the PRTT for consultancy service, also told Justice Okon Abang how a renowned lawyer allegedly acquired a recovered property from the EFCC even while the property was still subject of litigation.
Justice Abang on February 25, ordered Maina to open his defence in the charge preferred against him by the EFCC after the prosecution closed its case. ....

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