Magu Reacts To Alleged Money He Gave To VP Osinbajo, Falana

The suspended acting chairman, Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu has denied reports that he gave N4 billion to Vice President Yemi Osinbajo, saying its falsehood calculated to tarnish the hard earned reputation of the Vice President.

Magu equally denied giving the sum of N28 million to human rights lawyer, Mr. Femi Falana SAN.

Magu who was released on Wednesday evening made this disclosure in a petitioned he addressed to the Chairman of the Presidential Investigations Panel, Justice Isa Ayo Salami titled: “Publications Prejudicial to the proceedings of this honourable panel”, and signed by his lawyer, Mr. Wahab Kunle Shittu.


“Our client strongly denies this falsehood against the respected Vice President of the Federal Republic of Nigeria. Our client has never given the sum of N4billion or any sum at all to Prof. Yemi Osinbajo SAN, GCON, Vice President of Federal Republic of Nigeria as wrongly reported,” Mr. Shittu said in the petition titled’ Alleged Payment of N4bn billion to Prof. Yemi Osinbajo SAN, GCON, Vice President of the Federal Republic of Nigeria.’

He added that, “This allegation is complete falsehood designed to tarnish the hard-earned reputation of the Vice President.

“This allegation is complete fabrication. Our client never gave N28 million or any amount to Mr. Femi Falana SAN as maliciously reported. Our client also denies any link with a Kaduna-based Bureau De Change Operator as alleged.”

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