How Malami compromised transparent disposal of forfeited vessels – Magu

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How Malami compromised transparent disposal of forfeited vessels – Magu
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Mr Magu accuses Mr Malami of imposing firm on trial for economic sabotage to handle seized asset

, Ibrahim Magu, has accused the Attorney-General of the Federation, Abubakar Malami, of frustrating efforts made by the anti-graft commission to transparently dispose vessels forfeited to the Nigerian government.

He said although the company tried to upturn the judgement by O.E Abang, a high court judge in 2015 the attempt failed at the Court of Appeal. He said the navy explained that when the vessel was about to sink, efforts were made to relocate it from Lagos Anchorage and attempts were made to inform the commission’s Lagos office but were unable to do this before the vessels submerged.

He explained that upon the discovery that the letter issued to Pinnacle flouted a statutory procurement procedure in the Public Procurement Act, 2007, the EFCC directed that the letter be revoked and subsequently issued a disclaimer. He said on April 7, 2017, the commission got a court order from Justice Idris of the Federal High Court in Lagos for the sale of Automated Gas Oil onboard the vessel PSV Derby.

He informed the probe panel that the AGF then contracted a private law firm, Dipo Opeseyi and Co, to obtain forfeitures on his behalf while instructing the commission to work with the firm to reconcile the orders obtained by the firm

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