Ibrahim Magu, the suspended acting Chairman of the Economic and Financial Crimes Commission, has told the Justice Ayo Salami-led presidential panel investigating his activities as chairman of the antigraft commission, that some of the vehicles recovered from looters were auctioned to the Presidential Villa, the Ministry of Humanitarian Affairs, Disaster Management and Social Development as well as the Federal Inland Revenue Services and other agencies.
Magu made this known in a letter he sent to the panel titled, ‘Re: Alleged Case of Conspiracy, Enrichment, Abuse of Public Office and Other Infractions,’
His letter in part read “On allocation of vehicles to some government agencies through special auction with presidential approval. The beneficiary agencies are the Ministry of Humanitarian Affairs and Disaster Management of which the valued price is to be debited from their allocation; State House, National Commission for Refugees and Displaced Persons; Federal Inland Revenue Service and National Directorate of Employment. The commission presently has presidential approval to dispose over 450 forfeited vehicles located in Lagos and Abuja. The vehicles have been valued by the National Automotive Council Valuers and the Federal Ministry of Works and Housing. But no sale/disposal has been conducted yet”