Osinbajo Denies Receiving N4 Billion from Magu

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SWITZERLAND, JULY 8 – Vice President Yemi Osinbajo, has denied reports that he received a sum of N4 billion from the suspended acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu

Reports had claimed that Osinbajo also allegedly gave instructions to Magu to release some of the recovered loots.

But reacting to the report, the Vice President, in a statement issued by Laolu Akande, his media aide, on Wednesday, described the report as fake news.

He explained that Osinbajo has never been involved in such shady activities.

“Inundated by wide circulation of Fake News about VP’s purported involvement in some EFCC recovery billions, pls rest assured they’re all LIES: calculated to confuse and concocted to smear Prof. Osinbajo’s image. The VP hasn’t & will never be involved in any such shady activities,” Akande tweeted on Wednesday evening.

Obrahim Magu was suspended on Tuesday by the Buhari administration amidst allegations of gross misconduct. It has not been established as at press time, whether the order for his suspension came directly from the president.

Magu’s suspension follows weeks of pressure from the Attorney-General of the Federation(AGF), Abubakar Malami to remove him, and hours of detention in the custody of government security forces.

Magu was arrested on Monday by a combined team of Department of State Services(DSS) personnel and policemen at the Wuse II office of the EFCC to face an interagency committee investigating corruption allegations against him. 

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