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A statement issued by the Director of Information, Office of the Secretary to the Government of the Federation stated that there was a weighty allegation of corruption levelled against Bawa.

The Department of State Services (DSS) has begun investigating the embattled suspended chairman of the Economic and Financial Crimes Commission (EFCC) Chairman, Abdulrasheed Bawa.

TORI reported that President Bola Tinubu suspended Bawa to allow for a proper investigation of the weighty allegations of abuse of office leveled against him.

A statement issued by the Director of Information, Office of the Secretary to the Government of the Federation (SGF) reads, “This follows weighty allegations of abuse of office levelled against him.

“Mr Bawa has been directed to immediately hand over the affairs of his office to the Director of Operations in the Commission, who will oversee the affairs of the Office of the Chairman of the Commission pending the conclusion of the investigation.”

Immediately after the suspension, the DSS invited Bawa for interrogation.

A source said he was already being grilled at the facility popularly called “Yellow House” over his alleged activities when he held sway in the commission.

Even though none of the allegations was mentioned in the statement, credible sources told the Daily Trust that besides other reasons, Tinubu and those around him were angered by the role played by Bawa in the naira redesign policy of former President Muhammadu Buhari.

While the naira redesign and cashless policy were meant to address monetary and fiscal issues, Tinubu and others said the timing was wrong and targeted at them to lose the election.

Recall that Bawa had a few months ago said that he was privy to the naira issues.