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NFIU submits details of Magu’s forex dealings to Salami probe panel

The Nigerian Financial Intelligence Unit (NFIU) has submitted its report detailing forex dealings by the suspended acting Chairman of the Economic and Financial Crimes Commission (EFCC) Ibrahim Magu, to the Justice Ayo Salami-led presidential probe panel.

According to Punch, the NFIU provided a comprehensive report on Magu’s alleged activities, including details of his relationships with some Bureau de change operators to the panel.

Read also: Magu failed to account for 332 recovered properties, probe report alleges

An official of the NFIU qouted anonymously, debunked fears that the attack on its office could have affected its reports and information, adding that almost 100 percent of its records are kept in servers and cloud storage systems.

The official said: “Apart from the so-called Magu investigation, we have bigger and sensitive investigations based on our mandate, so you cannot conclude that the burglary has to do with Magu, but as far as NFIU is concerned, all the information the panel required had been provided.”

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