The suspension was disclosed in a press release signed by Dr. Umar Jibrilu Gwandu, Special Assistant on Media and Public Relations, Office of the Attorney-General of the Federation and Minister of Justice, made available to the Next Edition Friday.

The official suspension of Magu put paid to several speculations, which started on Monday when he first appeared before Justice Ayo Salami-led Presidential Panel.

The embattled acting chairman is being interrogated by a presidential panel set up to probe allegations of gross misconduct against him.

The statement read:

“President Muhammadu Buhari has approved the immediate suspension of Ibrahim Magu as Ag. Chairman of the Economic and Financial Crimes Commission (EFCC) in order to allow for unhindered inquiry by the Presidential Investigation Panel under the Tribunals of Inquiry Act and other relevant laws.

“This is contained in a statement issued by Dr. Umar Jibrilu Gwandu, Special Assistant on Media and Public Relations Office of the Attorney-General of the Federation and Minister of Justice made available to newsmen on Friday the 10th day of July, 2020.

“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.”

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