• Saturday, April 20, 2024
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Updated: Buhari reportedly suspends Magu over alleged fraud

Ibrahim Magu

President Muhammadu Buhari has reportedly suspended the acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, following allegations of fraud levelled against him.

BBC Hausa Service reported the said suspension quoting an unnamed presidency source.

Magu is being investigated for alleged corruption said to run up to N1 trillion. He was interrogated for about six hours on Monday by a presidential panel chaired by Ayo Salami, a former president of the Court of Appeal, and was later detained at the headquarters of the Force Criminal Investigations Department in Abuja where he spent the night.

The panel was set up by President Muhammadu Buhari to investigate the embattled Magu following a petition by Abubakar Malami, Minister of Justice and Attorney General of the Federation, and the Department of State Service (DSS).

Malami’s memo allegedly accused Magu of diversion of recovered loot. The memo is said to contain 22 allegations against the embattled EFCC chairman.

At the time of filing this report, the EFCC was yet to make an official statement on it.