The suspended chairman of the anti-graft agency, EFCC, Ibrahim Magu, has been released.

Mr Magu was released on Wednesday evening.

He was arrested last week Monday and has been detained by the police since then and has been appearing before a presidential panel investigating allegations of corruption and insubordination levelled against him by Abubakar Malami, Nigeria’s justice minister.

His release comes few hours after the Nigeria Police Force denied detaining him.

The police had claimed that Magu was being held by a presidential panel probing him for mismanaging recovered loots.

Earlier, the IGP Mohammed Adamu said he had no hand in Magu’s detention.

Mr Adamu said this in a letter in response to an application for Mr Magu’s bail made last week by one of his counsel, Tosin Ojaomo.

Through a letter dated July 14 and signed by his principal staff officer, Idowu Owohunwa, the Inspector-General of Police advised Mr Ojaomo to redirect his application to the presidential panel which he said is the one investigating and detaining Mr Magu.

“The Inspector-General directs that your attention be drawn to the fact that the Nigerian police are not investigating CP Ibrahim Magu and he is accordingly, not being detained by the police but by the Presidential panel that is investigating the activities Economic and Finacial Crimes Commission (EFCC).

“The Inspector-General of Police, therefore, advises you that consider redirecting your request to the Chairman of the presidential panel for appropriate attention,” the police boss said.