Multiple sources are claiming the acting chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, has been arrested.

While a source close to the anti-graft organisation claimed he had been ‘invited to the Villa’, multiple reports from credible online news platforms pointedly announced the arrest.

It was alleged that the Department of State Services invited him over allegations of his past questionable transactions namely; he owns four properties and that he was allegedly transferring funds abroad through a third party.

Magu is yet to be confirmed as the substantive chairman of the EFCC despite occupying the position in acting capacity for many years.

In a swift reaction, the anti-graft agency spokesman, Dele Oyewale, has stated that there was no cause for alarm as Magu was invitated on the order of the presidency.

“Acting Chairman of the Economic and Financial Crimes Commission(EFCC), Mr. Ibrahim Magu on Monday, July 6, 2020, honoured an invitation by a Presidential Panel reviewing the activities of the EFCC, at the Banquet Hall wing of the Presidential Villa, Abuja.

“He was served the invitation to the Panel, while on his way to the Force Headquarters, Abuja for a meeting.

“The EFCC’s boss was neither arrested nor forced to honour the invitation. A member of a legal team from the EFCC is also with him on the Panel,” Oyewale concluded.