BREAKING: Umar ‘Replaces’ Magu As EFCC Boss

The Economic and Financial Crimes Commission (EFCC) has reportedly picked Mr Mohammed Umar, its Director of Operations, to oversee the agency in the absence of suspended boss, Ibrahim Magu.

Speaking to NAN on Tuesday, a top official of the commission said Umar was chosen by the “EFCC’s hierarchy”.

The source also disclosed that the suspension of Ibrahim Magu has not been officially communicated to the commission.

Speaking on the allegation levelled against the suspended EFCC boss, the source said they were all false.

“I can tell you that all the allegations against Magu are untrue. I see the whole situation as a power play.

“Preparations for the 2023 elections are another reason they want Magu out because he knows too much.

“Another thing is the problem of staff welfare, imagine somebody like me for close to 10 years, I have not gained any promotion.

“We are not happy about the news of his suspension, but I know that members of staff are not happy with him,” the official said.

When contacted by NAN to confirm the latest development the spokesman of the EFCC, Mr Dele Oyewale, declined to comment.

Naija News recalls that President Muhammadu Buhari had on Tuesday suspended Ibrahim Magu.

The suspension is coming at a time Magu is facing a presidential panel since Monday over allegations of corruption.

Sources say that Magu, who has been in office for over four years, would be sacked as a result of massive evidence against him over alleged corruption to the tune of N1 trillion.

A source who is familiar with the activities of the Presidential investigative panel, says the decision to suspend Magu is in line with international practice in such matters.

The source said, “It is commonsensical that when an investigation of this nature is ongoing, you don’t allow the person being investigated to keep the keys of the office for which he is being investigated.

“This is because if he keeps the keys, there can be a kind of tampering with documents or evidence.

“It is not logical and it is even undemocratic to allow such to happen.”