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N388.3b refund probe sets governors against Magu

Governors have joined the battle to stop Ibrahim Magu from becoming Economic and Financial Crimes Commission (EFCC) chairman.

Some of them are ganging up with some senators who are opposed to Magu’s renomination, The Nation learnt yesterday.

The governors are said to be displeased that the EFCC is investigating the disbursement and management of N388.304billion of the N522.74 billion released to 35 states as refunds of deductions on the London-Paris Club loans.

Also, it was learnt that Magu’s fate was mentioned at the talks between President Muhammadu Buhari and National Assembly leaders, led by Senate President Bukola Saraki, in London on Wednesday.

According to sources, most of the governors are opposed to the EFCC’s ongoing probe of the N388.304billion London-Paris Club loan refunds.

AmarSim Associations Development Consultants

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