Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), will face another day of questioning on Tuesday over the activities of the agency under his watch.
He was detained on Monday night at the police headquarters in Abuja.
The presidential panel probing him is headed by Ayo Salami, former president of the court of appeal.
TheCable understands that the panel sat till 10pm on Monday after which Magu was detained.
Abubakar Malami, attorney-general of the federation (AGF), had asked President Muhammadu Buhari to sack Magu over some “weighty” allegations.
Some of the allegations he listed are:
Discrepancies in the reconciliation records of the EFCC on recovered funds Leaking investigative reports to the media before going to court
Sale of seized assets to cronies, associates and friends Shortfall of N35 billion in his declaration of recovered funds Insubordination to the AGF
Not providing enough evidences for the extradition of Diezani Alison-Madueke Ignoring court order to unfreeze N7 billion despite judgment in favour of a suspect