The Department of State Services (DSS) has arrested Ibrahim Magu, the acting chairman of the Economic and Financial Crimes Commission (EFCC).
Magu was arrested at the Wuse II office of the DSS on Monday afternoon and is now undergoing interrogation at the DSS Headquarters In Aso Drive.
The EFCC boss was alleged to have been living beyond his means, owning several properties and allegedly diverting recovered loots through a third party account.
Similarly, the Attorney General of the Federation, Abubakar Malami had accused the anti-graft czar of gross infractions asking President Muhammadu Buhari to sack him over some “weighty” allegations.
Malami also accused the acting EFCC chairman of insubordination and misconduct.
The DSS had in 2016 in a report revealed that the EFCC boss was living in a N40m mansion paid for by one Umar Mohammed, a retired air commodore who is allegedly involved in shady deals.
“In December 2010, the Police Service Commission (PSC) found Magu guilty of action prejudicial to state security – withholding of EFCC files, sabotage, unauthorised removal of EFCC files and acts unbecoming of a police officer, and awarded him severe reprimand as punishment.
“Magu is currently occupying a residence rented for N40m at N20m per annum. This accommodation was not paid [for] from the commission’s finances, but by one Umar Mohammed, air commodore retired, a questionable businessman who has subsequently been arrested by the secret service.
“For the furnishing of the residence, Magu enlisted the Federal Capital Development Authority to award a contract to Africa Energy, a company owned by the same Mohammed, to furnish the residence at the cost of N43m.
“Investigations show that the acting EFCC chairman regularly embarked on official and private trips through a private jet owned by Mohammed.
“In one of such trips, Magu flew to Maiduguri alongside Mohammed with a bank MD who was being investigated by the EFCC over complicity in funds allegedly stolen by the immediate past petroleum minister, Diezani Alison-Madueke.
“Furthermore, the EFCC boss has so far maintained a high-profile lifestyle. This is exemplified by his preference for first-class air travels. On 24 June, 2016, he flew Emirate airlines first-class to Saudi Arabia to perform lesser hajj at the cost of N2.9m. This is in spite of Mr President’s directive to all public servants to fly economy class.
“Magu has fostered a beneficial relationship with Mohammed who by his confession approaches clients for possible exploitation, favours and associated returns,” the DSS report added.
The senate had however declined to confirm his appointment following the report of the DSS.
Magu is still an Acting Chairman of the anti graft agency and is yet to be confirmed as the chairman of the EFCC.