Operatives of the Department of State Services (DSS) has arrested Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC).
According to reports, the DSS officials staged a commando-style raid of the old headquarters in Abuja of the EFCC at about noon on Monday to arrest Magu.
The operatives of the Secret Police are said to have arrived the EFCC head office and quietly whisked Magu away without creating any scene.
Reports said the boss of the anti-graft agency was arrested over allegations that he owns four properties and that he had been involved with money laundering.
His arrest comes a few days after attorney-general of the federation (AGF), Abubakar Malami, accused the anti-graft czar of gross infractions.
The AGF asked President Muhammadu Buhari to sack Magu over some “weighty” allegations, including the diversion of recovered loot.
In addition to allegedly re-looting the recovered loot, Malami accused the acting EFCC chairman of insubordination and misconduct.
According to reports, the EFCC boss travelled to Dubai in the United Arab Emirates without the authorisation of the president during the COVID-19 lockdown.
And when he was questioned, he said he went for an investigation. He is also alleged to be living above his means.
In 2016, the senate declined to confirm the appointment of Magu as EFCC chairman after a DSS report indicted him of corruption.
The report read: “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.”