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President Buhari suspends Magu as EFCC boss over money laundering

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President Buhari suspends Magu as EFCC boss over money laundering
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The President, Major General Muhammadu Buhari (retd.), has suspended the acting chairman of the Economic and Financial Crimes Commission, Ibrahim Magu..
Buhari had earlier set up a presidential panel headed by Justice Ayo Salami to probe the various allegations leveled against the EFCC boss.
The panel grilled Magu for hours on Monday at the Presidential Villa, Abuja before he was taken into police custody.
A source privy to the investigation confirmed Magu’s suspension to The PUNCH on Tuesday.
The source said, “It is commonsensical that when an investigation of this nature is ongoing, you don’t allow the person being investigated to keep the keys of the office for which he is being investigated.
“It is not logical and it is even undemocratic to allow such to happen.”
The Presidency has yet to issue a formal statement on the issue as of the time of filing this report.
The presidential panel has, however, resumed sitting at the Presidential Villa, Abuja.

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