EFCC Boss, Ibrahim Magu Arrested For Fraud

The Department of State Services have arrested the Acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu on Monday afternoon.

He was arrested over allegations that he owns four properties and that he was allegedly transferring funds abroad through a third party.

He is now under thorough investigation at the DSS Headquarters, Aso Drive,  Wuse II.

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The DSS in a 2016 report revealed that accused of living in a N40m mansion paid for by one Umar Mohammed, a retired air commodore who is allegedly involved in shady deals.

Magu is yet to be confirmed as the substantive chairman of the EFCC despite occupying the position in acting capacity for many years.

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