President Muhammadu Buhari has suspended the acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, The PUNCH reported Tuesday afternoon.

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

The PUNCH said a source privy to the investigation confirmed Magu’s suspension on Tuesday.

It quoted the source as saying: “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.

“This is because if he keeps the keys, there can be a kind of tampering with documents or evidence