Mohammed Umar, The Director of operations at the Economic and Financial Crimes replaces Magu as Acting Chairman hence, Ibrahim Magu remains suspended.
This new development is as a result of the corruption charges leveled against Magu which alleged that he had four houses and was moving money outside the country through third parties.
It could be Recalled that Magu was on Monday arrested by a combined team of Department of State Services personnel and policemen and was taken to the Presidential Villa in the Asokoro area of the Federal Capital Territory where he has faced questions for three straight days by a panel led by a former Court of Appeal judge, Ayo Salami.
The DSS in a 2016 report revealed that he was living in a N40m mansion paid for by a corrupt individual.
The Presidency is yet to issue an official confirmation on who replaces Magu either in acting or substantive capacity, meanwhile, Mohammed Umar, the Director of Operations at the Economic and Financial Crimes oversees EFCC operations.