The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Lamorde has been relieved of his job.
To take over from him is Ibrahim Magu, a top official of Economic and Governance Unit of the commission.
A terse statement issued by Presidential Media Adviser, Femi Adesina, reads:
“President Muhammadu Buhari has approved the appointment of Mr. Ibrahim Mustafa Magu as the Acting Chairman of the Economic and Financial Crimes Commission (EFCC).
“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”.
Mr. Lamorde has been enmeshed in series of allegations bordering on diversion of funds recovered from the former Governor of Bayelsa State, Dipreye Alamieyeseigha.
The erstwhile EFCC boss was billed to appear before the Senate this week to defend himself over allegation of illegally diverting N1 trillion being proceeds from seizures from suspected treasury looters.
Lamorde was appointed in 2011 by former President Goodluck Jonathan following the removal of Mrs Farida Waziri.