Magu’s lawyer, Wahab Shittu in a statement said the EFCC under Magu never misappropriated any funds recovered for the Nigerian National Petroleum Corporation, describing such reports as false.
Shittu explained that the well over three hundred and twenty nine million naira recovered by the EFCC was remitted directly into NNPC dedicated accounts via remitta under a special arrangement endorsed by the NNPC, EFCC, and the affected NNPC marketers.
The lawyer further noted that the remittances can be independently verified both at the NNPC and the EFCC records and that the issue of NNPC recovered funds never featured in the proceedings of the presidential panel.
Other allegations that Shittu dismissed include that of assets declaration and failure by MAGU to properly explain the rationale for the exclusion of culprits in the alleged misapplication of three billion naira in the Federal Inland Revenue Service.
He described the allegations as fraudulent and deliberate attempts to malign Magu.
