JUST IN: Buhari suspends Ibrahim Magu

The presidency has approved the suspension of acting Chairman, Economic and Financial Crime Commission (EFCC).

A very reliable source on Tuesday confirmed the development to BBC Hausa Service.

Solacebase reports that Ibrahim Magu was invited for questioning before a probe panel, Presidential Advisory Committee Against Corruption (PACAC) over alleged misappropriation of recovered funds and others on Monday.

He was subsequently detained by the police and still under the probe.

The presidential probe panel under the leadership of Justice Ayo Salami has however resumed sitting at the Presidential Villa, Abuja.

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According to sources Magu is being investigated for abuse of office that include:

• 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 evidence for the extradition of Diezani Alison-Madueke

• Alleged late action on the investigation of P&ID leading to a 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 cases