Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ibrahim Lamorde, yesterday, proceeded on a pre-retirement leave.

President Muhammadu Buhari has, therefore, appointed Mr, Ibrahim Magu as the Acting Chairman of the Commission.

A statement by Mr. Femi Adesina, President’s Special Adviser on Media and Publicity, said Magu, an Assistant Commissioner of Police, was to take over from Ibrahim Lamorde, who was proceeding on terminal leave ahead of the end of his tenure in February 2016.

Magu, the Acting Chairman served as head of the EFCC’s Economic Governance Unit, EGU, during the tenure of Nuhu Ribadu as Chairman.

Magu was arrested on August 4, 2008 following allegations that police discovered EFCC files and a computer containing classified documents at his Abuja residence.

During his time at EFCC, he led investigations into the affairs of officials, including former Delta Governor, James Ibori, and current Senate President, Bukola Saraki.

Magu is a recipient of USG and London Metropolitan Police institute training.

He reportedly worked with Ribadu to jail his brother-in-law and former Bank of the North chief, Shettima Bulama. Bulama was later pardoned by former President, Dr. Goodluck Jonathan.

He is a member of the investigative committee convened by National Security Adviser, Babagana Monguno, on the orders of President Muhammadu Buhari, to probe the procurement of arms in the Armed Forces since 2007.