The House Committee on National Security and Intelligence on Thursday questioned acting Chairman of the Economic and Financial Crimes Commission, Mr. Ibrahim Magu, over the $43.4m, £27, 800 pounds and N23.2m uncovered in an apartment at the Osborne Towers in lkoyi, Lagos, Punch reports.

According to the newspaper, journalists and members of the public were barred from attending the hearing.

The committee also invited Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele; the National Security Adviser to the President, Maj. Gen Babagana Monguno (retd.), and the suspended Director-General of the NIA, Amb. Ayo Oke.

A source said, “Magu was grilled by the House on Thursday and he told them everything he knew about the money. The hearing is a secret one because of its security implications.

“The CBN governor is also expected to appear before the House because the money was part of the $289,202,382 taken from the account of the National Petroleum Investment Management Service domiciled in the Central Bank of Nigeria in February 2015.

“The money was reportedly given to the NIA based on the instruction of former President Goodluck Jonathan so the House wants the CBN Governor to give us more information on that. The NIA DG is also expected to explain why the money was kept outside of a financial institution.”

Azeez