The President, Muhammadu Buhari , has suspended the acting chairman of the Economic and Financial Crimes Commission, Ibrahim Magu.

Buhari had earlier set up a presidential panel headed by Justice Ayo Salami to probe the various allegations leveled against the EFCC boss.

The panel  yestertday grilled Magu for  over 8 hours on Monday at the Presidential Villa, Abuja before he was taken into police custody.

A source privy to the investigation confirmed Magu’s suspension on Tuesday.

The source said, “It is commonsensical that when an investigation of this nature is ongoing, you don’t allow the person being investigated to keep the keys of the office for which he is being investigated.