The Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN) has announced the approval of President Muhammadu Buhari to the immediate suspension of Ibrahim Magu as Acting Chairman of the Economic and Financial Crimes Commission (EFCC).

Meet new EFCC Chairman in Nigeria

According to a statement by the media aide to the AGF, Dr Umar Gwandu on Friday, the approval is “in order to allow for unhindered inquiry by the Presidential Investigation Panel under the Tribunals of Inquiry Act and other relevant laws.”

Get updates, news, opportunities delivered to your inbox now

According to the statement, “President Muhammadu Buhari has also approved that the EFCC Director of Operations, Mohammed Umar, should take charge and oversee the activities of the Commission pending the conclusion of the ongoing investigation and further directives in that regards.”

Join our telegram channel for update

The investigation panel was constituted by President Muhammadu Buhari to probe various allegations levelled against Magu following a petition by Malami and the Department of State Service (DSS).

For opportunities on Npower, read now

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