Mr. Ibrahim Magu, the former chairman of the Economic Financial Crimes Commission (EFCC), has denied all corruption allegations levelled against him.
The Ex-EFCC boss has stated that he is innocent and not guilty of the crimes. He insisted that not a dime of the recovered funds was fraudulently converted for his personal use and challenged his accusers to produce evidence of such fraudulent conversion.
Magu denied all the claims as untrue and a calculated attempt to tarnish his name.
The suspended EFCC boss also disagreed on the argument of the powers of his office as chairman of the anti-graft agency to initiate criminal prosecution.
He explained that the power to prosecute cases was not what he could arrogate to himself and before he was appointed acting Chairman of the commission, the agency has constantly exercised its statutory power to institute criminal charges where prima facie evidence was made out without seeking for the consent of the Attorney General of the Federation (AGF).
He also denied threats issued to judicial officers by him or the EFCC in the discharge of their official functions, adding that there was never a lack of transparency in the management of recovered assets under his leadership of the commission.