Mr Magu did not explain the criteria for distributing the forfeited vehicles to the agencies.
Economic and Financial Crimes Commission
Allegations of corruption and insubordination were levelled against him by the Attorney-General of the Federation,After his arrest, allegations that Mr Magu diverted billions of naira gotten from recovered funds, as well as the interests accrued from the funds, were circulated and published on various media platforms.
Of all the properties he said only the proceeds of 244 trucks, which were sold on the orders of the Federal High Court in conjunction with the Department Petroleum Resources were remitted to the recovery account domiciled with the Central Bank of Nigeria . Properties which were under interim forfeiture to the government were also ‘rented” to the Nigeria Army, Federal Ministry of Finance, Fiscal Responsibility Commission, Nigeria in Diaspora Commission, and the Federal Airport Authority of Nigeria.
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