The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, is currently meeting with an investigative panel comprising several security agencies and headed by a retired Justice of the Court of Appeal.

According to sources, he is presumed innocent at this time.

The panel is said to be sitting at the Banquet Hall wing of the Presidential Villa.

Magu was stopped in traffic while moving out of the Wuse II Annex of the EFCC in Abuja and the invitation was extended to him.

Although Magu was on his way to the Force Headquarters, he pleaded with an officer from FCID who met with him to honour the scheduled appointment.

But he was told the invitation by the panel was more important.

At about 1.35pm, Magu arrived at the Villa where he was ushered into the wing.

As at Press time, Magu has been joined at the Villa by his lawyer, Mr. Rotimi Oyedepo.

A source said: “Both Magu and Jacobs are now in an office in the Banquet Wing of the Vila.

“He has not been arrested by any of the security agencies. We are awaiting further development. ”

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.

“In December 2010, the Police Service Commission (PSC) found Magu guilty of action prejudicial to state security – withholding of EFCC files, sabotage, unauthorised removal of EFCC files and acts unbecoming of a police officer, and awarded him severe reprimand as punishment.

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