Scannews24
Nigeria News Hub

Probe AGF’s alleged involvement in the sale of assets – Magu’s Lawyer tells Salami Panel

0 3,620

Follow us on:  Google News

     

In the meantime, Magu, by his lawyer, has requested the Justice Ayo Salami-led Presidential Panel to examine the apparent sale of redeemed assets by the office of the Attorney General of the Federation and Minister of Justice.

Magu asserted that the AGF, Abubakar Malami (SAN), possessed no constitutional power to authorize the public sale of reclaimed assets which he stated was the duty of the Minister of Finance.

A report publicized on July 11 revealed two separate authorizations consented to an auctioneer by the AGF to administer an open bid for the sale of crude oil and diesel as well as 5 vessels relinquished by unlawful bunkering operators to the federal government.

However, Magu, who spoke via his lawyer, Tosin Ojaomo of Ojaomo and Ojaomo chambers on Saturday, pointed up that the justice minister had no power under section 174 of the 199 Constitution to dabble into assets management, adding that the law solely permits him to institute and undertake criminal proceedings.

He associated his client’s travails to detractors who he said weren’t comfortable with the truth that he (Magu) was remitting cash directly to the Federal Authorities coffers.

Requested if he was requesting the investigation of the AGF for an alleged stake in the sale of recovered property, the lawyer said, “Yes, I’m calling for that; I’m calling for a probe of the AGF. Ladidi Mohammed, head of assets recovery management in the office of the AGF should be brought to the panel to tell Nigerians how much they’ve managed in terms of assets.”

“On what grounds is the AGF appointing contractors to conduct open bid? You can see that there’s a question mark on the company appointed to conduct the auction. There’s one Omoh-Jay Nigeria Ltd, according to your report. There’s a moral burden. The same individual was tried by the EFCC, the same firm was now being picked to sell the assets recovered by the EFCC.”

Requested why the EFCC was concerned in asset disposal without AGF’s approval as the supervising minister, the lawyer argued that the commission comprised the statutory agencies such as the Central Bank of Nigeria and the Nigerian Financial Intelligence Unit in its auction exercise.

SOURCE: Scannews24.com
Comments
Loading comment...

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More