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Home Business News Politics
EFCC to help AMCON recover bad debts

Acting Chairman, EFCC, Ibrahim Magu

Suspended EFCC boss, Ibrahim Magu, finally released from detention

Chike Olisah by Chike Olisah
3 years ago
in Politics
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The suspended acting Chairman of the Economic and Financial Crime Commission (EFCC) has been released from police custody after about 10 days in detention.

According to a monitored report, this was confirmed by his lawyer, Tosin Ojaomo, who said that the EFCC boss is no longer under custody.

The suspended EFCC boss was invited by the presidential probe panel headed by Ayo Salami, a retired President of the Appeal Court to the Presidential Villa in Abuja on July 6 over allegations bordering on corruption and financial misconduct.

He was later moved to Area 10 Force Criminal Investigation Department (FCID) of the police in Abuja where he has since been detained.

Just earlier today, the Inspector-General of Police, Mohammed Adamu, asked Magu, to direct his bail application to the presidential probe panel.

This was in response to a request by Mr Oluwatosin Ojaomo, Magu’s legal representative, who asked the IGP to grant bail to his client on self-recognisance after the suspended EFCC chief had spent four days in custody.

But in a letter dated July 14, 2020, and addressed to Mr Ojaomo, the IGP said the police force is not investigating and detaining Magu, so, it cannot grant the bail request.

It also advised the lawyer to redirect his request to the chairman of the presidential probe panel for appropriate action.


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Tags: Economic and Financial Crimes Commission EFCCIbrahim Magu
Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

Comments 1

  1. Vocabs says:
    July 24, 2020 at 3:22 pm

    Anyway… what Magu, is passing through this period of time, ought to serve as a warning to the incumbent civil servants nation wide…who eats with you today while in the office, may be in the panel that may probe you tomorrow. So we should be careful when handling public office… ” The end justifies the means”

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