Buhari Suspends EFCC Boss Ibrahim Magu

Indications have shown that President Muhammadu Buhari may have suspended Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu.

Recall that AllNigerianinfo had reported that with six hours grilling by the Presidential panel on Magu over corruption allegations, the anti-graft boss may be asked to step aside in order not to hinder further investigation that has already been started by Abubakar Malami, the Minister of Justice and Attorney General of the Federation.

Magu was grilled by a presidential panel headed by Justice Ayo Salami after he was summoned to the Aso Villa.

READ: EFCC Arraigns Social Media Influencer Over Alleged Possession of Fraudulent Documents

Some of the allegations leveled against Magu by Malai includes:

Alleged discrepancies in the reconciliation records of the EFCC and the Federal Ministry of Finance on recovered funds
•Declaration of N539b as recovered funds instead of N504b earlier claimed
•Insubordination to the Office of the AGF
•Not providing enough evidences for the extradition of Diezani Alison-Madueke
•Alleged late action on the investigation of P&ID leading to legal dispute
•Not respecting court order to unfreeze a N7b judgment in favour of a former executive director of a bank
•Alleged delay in acting on two vessels seized by Navy
•Alleged favouring of some investigators called Magu Boys
•Reporting some judges to their presiding officers without deferring to the AGF
•Alleged sale of seized assets to cronies, associates and friends
•Alleged issuance of investigative activities to some media prejudicial to some case.

READ: EFCC Boss, Ibrahim Magu Faces Suspension After Being Detained

According to multiple sources, Magu has been asked to step aside so as not to obstruct investigation. A formal statement is expected to be issued shortly on the development.

More to come….

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