EXPOSED: “Corrupt” EFCC Boss, Magu Conspicuously Rejects Promotion

By Adenike Lucas 

Ibrahim Mustafa Magu wants to remain at the Economic and Financial Crimes Commission, EFCC, so he has opted to reject his promotion as Commissioner of Police, according to a well-informed police source.

The news of Mr Magu’s rise in rank was exclusively reported by DENISAURUS News last month.

The corrupt officer said to be perplexed as to how this media was able to get information about his promotion, had worked hard to prevent the Police Service from announcing the dubious award to which he is said to have sat an exam for.

The Department of State Security Services, DSS, wrote a report which indicted Mr Magu in October 2016. But, a cosy relationship with the Vice President, Yemi Osinbajo has kept Mr Magu in office.

The DSS report stated that Mr Magu is a corrupt officer, who was using police lackeys to collect kickbacks.


Described as a perennial offender, Mr Magu was said to be attracted to the perks of office and would eventually constitute as a “liability to the fight against corruption.”

EFCC sources who have spoken to DENISAURUS News reporters in the past, state that Mr Magu who claims to have recovered over N500 billion in 2017 alone, is on the verge of being sent to the National Institute for Policy and Strategic Studies, NIPSS.

The source said the “corrupt” officer was recently asked to give an account of all assets and recoveries gained in this administration, but, Mr Magu could not do so.

Failure to report as directed was going to lead to his suspension or recent findings show that there are preparations to send Mr Magu to NIPPS. The Vice President, an avid supporter of Mr Magu, told those close to him that he knows that Mr Magu is not competent.

The promotion was to pave way for Mr Magu’s transfer to another agency.

According to a staff, following our recent expose, Mr Magu decided to reject his new promotion because he would rather continue his stay at the EFCC.

Mr Magu thinks if he is sent to NIPSS, he would be picked up by the DSS. He told one of his lackeys and man-Friday that the “DSS think they are smart. They want to follow me up to NIPSS and arrest me.”

He adds, “or rather, some others think I am a Mumu, and ready to let go of all these opportunities which I didnt enjoy when I was first posted in 2003.”

In his defence, Mr Magu asked “What have the Federal Government done to Oga Lamorde, despite all the glaring allegations on him by staff?”

He said “why should mine own case be different, as if I even help them more by attacking their opponents in opposition.”

With President Muhammadu Buhari away on vacation, and the recent scandal on assets recovery hanging over his neck, Mr Magu has packed many of his belonging from the office in Abuja.

The informed source explained that the EFCC boss has not been sighted in the office since last week.

Messages to Mr Magu and the EFCC spokesperson, Wilson Uwujaren requesting a response went unanswered.

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