Ibrahim Magu has been suspended as the Acting Chairman of the Economic and Financial Crimes Commission, (EFCC) by President Muhammadu Buhari.
Magu reportedly spent the night in a police cell at the Force Criminal Investigation Department (FCID) Headquarters in Abuja.
This followed a six-hour grilling by a presidential panel, chaired by Justice Ayo Salami, a former president of the Court of Appeal.
Buhari set up the panel to probe various allegations levelled against Magu, following a petition by the Minister of Justice and Attorney General of the Federation, Abubakar Malami, and the Department of State Service (DSS).
Mr Magu was recently accused of corruption, insubordination and abuse of office by Attorney-General Abubakar Malami.Stemming from Mr Malami’s allegations, Mr Magu was arrested on Monday morning by a police team outside his office in Abuja.
He was driven to the Presidential Villa where he appeared before a panel investigating the allegations against him.After his appearance before the panel, he was taken into custody by the police, where he was held overnight by detectives.