President Muhammadu has suspended the embattled acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu.
Magu, was suspended to allow him face the probe into the allegations against him, according to sources in the presidency.
The development comes after he was arrested and detained by security operatives in Abuja.
He appeared before a panel probing allegations of gross misconduct against him on Monday. The panel is led by Ayo Salami, a retired justice of the appeal court.
Trouble started when the Attorney-General of the Federation, Abubakar Malami raised a memo on alleged malfeasance against the Nigeria longest serving anti-graft Czar who was accused of mishandled the recovered loot and seized assets.
Magu was also alleged to have refused to subject himself to the supervision of the office of the attorney-general.
But, Mr Femi Odekunle, a member of the Presidential Advisory Committee Against Corruption (PACAC), had accused Malami of waging a grudge war against Magu.
He said the suspended EFCC chief is a victim of a power-play at the presidency.