News

Olusegun Adeniyi: How Magu Overreached Himself

Malik Yahya/

Chairman of THISDAY editorial board, Olusegun Adeniyi, has revealed what might have led to the suspension and current travails of the hitherto untouchable chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu.

Magu is being probed by a presidential panel headed by retired Justice Ayo Salami over allegations of corruption levelled against him by the attorney-general of the federation and minister of justice, Abubakar Malami.

In an article he wrote today, Adeniyi claimed that Magu overreached himself by “harassing” two allies of President Muhammadu Buhari without the president’s knowledge.

According to him, Magu blocked a move by retired army general and former defence minister, Theophilus Danjuma, to purchase an aircraft, few weeks after raiding the residence of former head of state, Abdulsalami Abubakar.

Adeniyi, who was the spokesman to late President Umaru Musa Yar’Adua, said Buhari only got to know about Magu’a actions after they had been carried out.

He wrote, “Former Defence Minister, Lt General Theophilus Yakubu Danjuma (rtd) was recently at the villa to see President Muhammadu Buhari. It was a visit borne out of rage. A billionaire oil tycoon, Danjuma had paid for the purchase of an aircraft. His cheque bounced! The order to withhold payment, he was told by his banker, came from Magu!

“From what I gathered, it took some time before the president could convince Danjuma that he knew nothing about what was clearly power mongering by a reckless public official.

“A few weeks before that incident, the Minna residence of former Head of State, General Abdulsalami Abubakar was raided by EFCC operatives who “turned the house upside down”. The president also got to know only after the deed had been done.

“While neither Danjuma nor Abdulsalami is above the law, power should never be used to harass and ridicule people, whether high or low.”

He also said Buhari has been petitioned on many occasions over the manner with which the embattled EFCC boss was auctioning recovered assets.

“A man who would take on the high and mighty in a society like ours, including members of the president’s immediate family, must also live above suspicion,” he added.

“In the past five years, Magu has at different times made claims about the hundreds of billions of Naira recovered from ‘treasury looters’. But subsequent auctions for recovered assets did not follow due process, resulting in choice properties being handed out to suspected cronies.

“Since Abuja is a city where residents know the dirty secrets of people in power (including who is sleeping with whose spouse), the president was being inundated with petitions that Magu is not above board in his dealings.”

0
Editor

Recent Posts

QFest 2024: A Cinematic Tribute to Wole Soyinka with ‘The Man Died’ Screening

The ongoing Quramo Festival of Words (QFest 2024) reaches a pinnacle of cultural and cinematic…

9 hours ago

Evelyn Joshua’s Crusade Ignites Latin America: A Journey of Faith and Miracles

By Dare Adejumo/ As the highly anticipated Evelyn Joshua Crusade, organized by the Synagogue Church…

9 hours ago

UBA Group Reports Stellar H1 2024 Performance Amid Global Challenges, Posts ₦401.6 Billion Profit Before Tax

...Delivers Impressive Growth with 37% Asset Surge and 34% Deposit Increase Segun Atanda/ UBA Group…

12 hours ago

Adeboye Apologises for Controversial Remark on Tithing, Recants Statement on Heaven

Femi Ashekun Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God…

1 day ago

Lagos Police Clarifies Arrest of Nine at Ojota: “Not Protesters, But Troublemakers,” Says CP Ishola

Matilda Omonaiye/ The Police in Lagos have dispelled reports circulating that protesters were arrested at…

2 days ago

It’s Illegal for VIOs to Impound Vehicles, Impose Fines on Motorists, Court Rules

Pat Stevens/ A Federal High Court sitting in Abuja has prohibited the Directorate of Road…

2 days ago