BY EDMOND ODOK, ABUJA – Almost five years of being hunted by some powerful forces and surviving sustained hatchet jobs in the polity, Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu on Tuesday, July 7, 2020 finally fell out of favour with President Muhammadu Buhari.
In what many of his traducers claimed as the “chickens coming home to roost”, the President slammed an indefinite suspension on the anti-graft agency boss over allegations of corruption and abuse of public office.
Competent sources hinted that the presidential hammer comes after Magu reportedly spent the night of Monday, July 6, 2020 in a police cell at the Force Criminal Investigation Department (FCID) Headquarters at Area 10, Garki, Abuja.
Earlier on Monday, he was invited to appear before a Presidential panel at the State House over allegations of corruption brought against him by the Minister of Justice and Attorney General of the Federation (AGF), Abubakar Malami (SAN) and the Department of State Service (DSS).
The embattled EFCC boss is said to have undergone several hours of grilling by members of the panel, chaired by a former President of the Court of Appeal, Justice Ayo Salami.
Our sources said the Special Presidential Investigation Panel currently sitting in one of the rooms within the State House Conference Centre has however assured the anti-corruption Czar and his lawyers of fair hearing and justice in conducting the exercise.
Forefront News further gathered that a formal statement on the latest development is being expected shortly from the Presidency, with insiders explaining that Magu was ordered to step aside in order to avoid obstructing ongoing investigations into the 22 allegations of various improprieties against him
Indications that all is not well with the Magu’s chairmanship of the anti-graft agency and that he may have fallen out of favour with some power blocs within the presidency emerged early after the President’s second term victory.
Insiders quickly pointed to the fact that there was no urgency to re-submit Magu’s name to the more friendly 9th Senate for confirmation as Chairman of EFCC after his travails in the hands of Senator Bukola Saraki-led 8th National Assembly (NASS) that premised its refusal to confirm Magu on the damning report against him by the Department of State Services (DSS).