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BUHARI APPROVES THE APPOINTMENT OF MUHAMMED UMAR AS THE NEW ACTING CHAIRMAN OF EFCC

President Muhammadu Buhari on Friday, July 10, approved the appointment of Muhammed Umar, as the Acting Chairman of the Economic and Financial Crimes Commission, following the suspension of Ibrahim Magu.


This was disclosed in a press release issued by the Office of the Attorney-General of the Federation and Minister of Justice.


"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 the unhindered inquiry by the Presidential Investigation Panel under the Tribunals of Inquiry Act and other relevant laws," the statement read. 


The press release clarified that the new Acting Chairman would be in charge of the Commission pending the outcome of the ongoing investigation on Magu. 


Until his appointment, Umar was the Director of Operations of the anti-graft agency.


He replaces Magu who is currently facing a Presidential Panel over allegations of fraud and money laundering. 


Magu was apprehended on Monday and has so far spent his fourth night in the custody of the Force Criminal Investigation and Intelligence Department after he was arrested on Monday, July 6. 


Report says men of the Force Criminal Investigation and Intelligence Department on Tuesday, July 7, searched the home of Magu located on Abduljalil Street, Karu Site, on the outskirts of Abuja and returned him to the police custody around 8:30 pm same day. 


The panel, headed by a retired appeal court judge, Ayo Salami, also has representatives of the major security agencies, police and the SSS, as members.

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