The acting chairman of the Economic and Financial Crimes Commission, Ibrahim Magu was appointed by President Muhammadu Buhari in 2015.
Magu was suspend due to alleged fraud allegation and might be demoted from his position as Commissioner of Police to Deputy Commissioner of police or Assistant Commissioner of police if he found guilty of the allegation levelled against him by Abubakar Malami, the Minister of Justice and Attorney-General of Federation.
The EFCC boss was arrested on July 6th by security operatives while on his way to a meeting and was taken.
He was however released on bail after ten days in custody at Area 10, Force Criminal Investigation Department (FCID), Mohammed Umar, a Duputy Commissioner of Police has been replaced by him.
According to report from the top security source on Sunday, says there is no how the EFCC boss Magu can be exonerated from the allegations against him and the likelihood of his return as EFCC chairman is “very remote”.
The source said, “since the allegations against him are coming from the supervising minister in charge of the agency he heads, that is the Attorney-General and Minister of Justice, Abubakar Malami. It is a different thing if the petition came from the opposition parties or civil society organisations.”
“No public official can escape a hostile investigation such as the one he is being subjected to. He may have committed some infractions no doubt. But those behind the probe are also not clean,”
Further more, when asked the source if the trail against Magu has any political undertone, stated that some people in the Commissioner are not happy with Magu for refusing to investigate the petitions
written against the National Leader of the All Progressives Congress, Bola Tinubu.
The source added that the trial also has to do with the race for the 2023 presidential election.
“It has everything to do with 2023. They see him as Asiwaju Bola Tinubu’s man. Some persons within the system want EFCC to go after him which Magu has failed to do.”
They asked maybe Magu can return to his position, but the source said, “He can never return. He is gone for good, In fact, he may be recommended for demotion to the rank of Deputy Commissioner of Police or Assistant Commissioner of Police”.
While Magu has been having issues with the Police Commissioner, so Magu case is very critical and there is no way he can return to his post.