Why Magu is under probe – President

The president has opened up on the probe and suspension of Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu.

President Muhammadu Buhari’s spokesman, Garba Shehu, in a statement on Saturday, said a series of documented allegations were made against Magu and several staff of the agency.

He noted that following a preliminary review of the allegations, there were grounds for a detailed investigation to be conducted.

This he explained, led to the constitution of an investigative panel in compliance with the extant laws.

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“As is the proper procedure, when allegations are made against the Chief Executive of an institution, and in this case an institution that ought to be seen as beyond reproach, the Chief Executive has to step down from his post and allow for a transparent and unhindered investigation.

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