Witness Accuses EFCC of Looting Recovered Assets

A certain witness, Ngozika Ihuoma,  accused the Economic and Financial Crimes Commission (EFCC) of mismanaging recovered assets.

While appearing before a  Federal High Court in Abuja on Thursday, March 4, the witness who claimed to be a management consultant, said that the anti-graft agency under its former acting Chairman, Ibrahim Magu, mismanaged 222 assets worth N1.63tn.

Ngozika Ihuoma who appeared as the first defence witness in the ongoing trial of the erstwhile Chairman of the disbanded PRTT, Abdulrasheed Maina, told the court that Magu admitted before the Justice Ayo Salami Judicial Commission of Inquiry that he shared most of the properties based on a presidential directive.

“Magu admitted before Salami that he shared and allocated most of these properties to his friends, associates and colleagues under some presidential directives, but failed to make available to the commission the evidence of that presidential directive,” he said.

Crincad & Cari Nigeria Limited, was contracted by the PRTT for consultancy service and is where Ihuoma works.

“One of the properties in question located at No. 42 Gana Street, Maitama, was illegally acquired by a renowned lawyer while the property was still subject to litigation,” the witness added,

He has recommended that the EFCC should be made to account for all the recovered assets.