Breaking: Magu suspended as acting EFCC Boss

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Sources have confirmed that Ibrahim Magu has been suspended as the acting chairman of the Economic and Financial Crimes Commission, EFCC .

A statement from the presidency confirming the suspension is being awaited, the source said.

Magu had been expected to appear before the Panel today and had been detained overnight at the Force Criminal Investigation Department, FCID, Headquarters in Area 10, Garki, Abuja.

He was grilled for about six hours by a Presidential panel headed by Justice Isa Salami, a former President of the Court of Appeal.

Magu is expected to face further interrogation today at the Presidential Villa.

TNIN had reported that Magu was arrested on Monday afternoon.

He was thereafter taken to the panel after he allegedly snubbed previous invitations extended to him.

A detachment of Department of State Services (DSS) personnel intercepted his convoy in traffic at Wuse II while leaving the office.

He was, thereafter, whisked way to the panel where he was questioned on discrepancies observed in recovered funds by his agency.

DSS later denied the arrest but available evidence shows that the EFCC boss is in custody.

Our correspondent had earlier opined that Magu may be shown the door as the Presidency is already looking for his replacement.

Magu suspended for corruption

Some of the allegations against Magu:

1. Discrepancies in recovered funds.
2. Leaking reports to the media before going to Court.
3. Sale of seized assets to cronies, associates and friends.
4. Missing N35 billion.
5. Not providing enough evidences for the extradition of Diezani Alison-Madueke.
6. Ignoring court order to unfreeze a N7 billion judgment in favour of a suspect.

More details will follow…

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