The suspended Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, is set to be prosecuted by the Code of Conduct Bureau (CCB) over an alleged failure to declare some accounts in his asset declaration forms.
According to a source at the CCB on Sunday, November 22; the Bureau took the decision following the suspended EFCC chief’s failure to honour the invitation extended to him by the Bureau to defend himself on the allegation.
The agency had in a letter with reference number CCB/HQ/II&M/007/2093 and dated November 2, 2020, asked Magu to appear at its Abuja office on November 17.
The CCB also directed Magu to come along with copies of all his asset declaration forms; since he joined the public service, payslips, and land documents.
However, the suspended EFCC chairman refused to honour the invitation; and sent a letter explaining why he would not appear before the CCB.
He said all the necessary documents were in his office at the EFCC headquarters; and he had been denied access to the office due to his suspension.
The source who spoke on the condition of anonymity said: “There are some accounts which we discovered that Magu did not declare. In this age of BVN, there are things that you cannot hide. Also, the CCB has copies of his asset declaration forms which have been matched with the discovered accounts.
“It is obvious that Magu did not declare them but rather than explaining himself in person, he is making excuses. Magu will be arrested if he fails to show up and he will be charged. That is a done deal.”
Meanwhile, Human Rights group, Socio-Economic Rights and Accountability Project (SERAP), on Sunday, November 22; appealed to President Muhammadu Buhari to cut the cost of governance and implement bold transparency; and also accountability measures in response to Nigeria’s second recession in five years.
This was disclosed in a statement signed by SERAP deputy director Kolawole Oluwadare.
“Socio-Economic Rights and Accountability Project (SERAP) has sent an open letter to President Muhammadu Buhari; urging him to put the country’s resources at the service of human rights; and to support the less well-off to enjoy an adequate standing of living through cutting the cost of governance; as well as implementing bold transparency and accountability measures in your government’s response to Nigeria’s recession,” the statement reads in part.