President Muhammadu Buhari on Monday ended the nearly four years reign of the Chairman of the Economic and Financial Crimes Commission, Mr Ibrahim Lamorde.
Lamorde's sacking came amid allegations of fraud and mismanagement of funds and property recovered from convicted treasury looters by the anti graft agency.
President Buhari was said to have invited Lamorde into the Presidential Villa, Abuja where he personally told him that his time was up.
The president has already appointed Mr Ibrahim Mustapha Magu as the Acting Chairman of EFCC.
A statement issued by Special Adviser to the President on Media and Publicity, Mr Femi Adeshina confirmed the development.
According to the statement,
“President Muhammadu Buhari has approved the appointment of Mr. Ibrahim Mustafa Magu as the Acting Chairman of the Economic and Financial Crimes Commission .
“Mr. Magu, who is an Assistant Commissioner of Police, is to take over from Mr. Ibrahim Lamorde who is proceeding on terminal leave ahead of the formal expiration of his tenure in February next year.”
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