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BREAKING: Buhari Suspends Acting EFCC Chairman, Magu

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Following allegations bordering on illegal transfer of funds and embezzlement, the acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has been suspended by the Presidency.

The Street Journal had earlier reported that Magu was arrested on Monday by a combined team of Department of State Services personnel and policemen at the Wuse II office of the EFCC to face an interagency committee investigating corruption allegations against him.

He was detained at the FCID in Area 10, Abuja, on Monday night on the orders of the committee that also questioned him on Tuesday morning.

The Street Journal learnt that Detectives, on Tuesday, searched the personal house of the embattled Acting Chairman of the Economic and Financial Crimes Commission (EFCC) Ibrahim Magu in Karu on the outskirts of Abuja at about 7 pm.

A source told The Nation: “About 10 detectives in four vehicles went to Magu’s personal house in Karu, a clustered suburb of Abuja. They met some aides and guards. They said they came to search the house but the aides and security guards resisted them.

“When they insisted that they were acting on intelligence, the security guards and aides called Magu’s wife on the telephone and she directed them to allow the detectives access.

“They conducted the search unhindered. They did not find anything in the house. They wrote a report which was countersigned by one of the aides.

“The same team got in touch with the wife of acting EFCC chairman that it would search Magu’s Maitama official quarters. As a family, we have cooperated with the detectives. And as at 9.30m, the family was waiting for the detectives.

“But we believe that the head of the house ought to be around during the search to avoid misrepresentation.”

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