
Ibrahim Magu and some officials of the anti-graft agency
THE suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu has been released on bail.
Magu was detained since Monday, July 6, 2020, following a summons by the presidential panel probing allegations levelled against him by the Minister of Justice/Attorney General of the Federation, Abubakar Malami (SAN).
The allegations include disclosing a sum lesser than amount deposited in the Recovery Account with the Central Bank of Nigeria (CBN) for the agency; alleged purchase of a property in Dubai, United Arab Emirate using a proxy, among others.
During his detention, Magu spent the nights at Force Criminal Investigation Department (FCID) at Garki in Abuja.
He had earlier written to Mohammed Adamu, Inspector-General of Police, demanding bail but the IGP asked him to make the request to the Ayo Salami panel for appropriate attention.
Magu’s release comes hours after news broke that 12 EFCC directors had been suspended in connection with Magu’s probe.
However, Mohammed Umar, former Director of Operations at the EFCC, has taken charge of the agency in acting capacity as directed by President Muhammadu Buhari pending the conclusion of the investigations.
