Acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, has been arrested by the Department of State Services.
He was arrested over allegations that he owns four properties and that he was allegedly transferring funds abroad through a third party.
He was arrested at the Wuse II office of the DSS on Monday afternoon and is now undergoing interrogation at the DSS Headquarters In Aso Drive.
The DSS in a 2016 report accused Magu of living in a N40m mansion paid for by one Umar Mohammed, a retired air commodore who is allegedly involved in shady deals.
Magu has fostered a beneficial relationship with Mohammed who by his confession approaches clients for possible exploitation, favours and associated returns.
Magu is yet to be confirmed as the substantive chairman of the EFCC despite occupying the position in acting capacity for many years.