A witness, Ngozika Ihuoma, told a Federal High Court in Abuja, on Thursday, that the Economic and Financial Crimes Commission, under the leadership of the then acting Chairman, Ibrahim Magu, re-looted 222 assests worth N 1.63 trn.
Ihuoma who appeared as the first defense witness in the ongoing trial of the past Chairman of the disbanded Pension Reform Taskforce Team Abdulrasheed Maina, said the money was recovered by PRTT.
He however told the court that Magu confessed to Justice Ayo Salami Judicial Commission of Inquiry that he shared the properties based on presidential directive.
“ Magu admitted before Salami that he shared and allocated most of these properties to his friends , associates and colleagues under some presidential directives , but failed to make available to the commission the evidence of that presidential directive, ” he said
Ihuoma however claimed to be management consultant whose firm, Crincad & Cari Nigeria Limited, was contracted by the PRTT for consultancy services.