Mr. Ibrahim Magu, who appeared before the committee to defend the EFCC’s proposed budget for 2018, was questioned behind closed doors for about 30 minutes.
Stepping out of the venue, the EFCC boss confirmed to journalists that Chukwuma was arrested by the anti-graft agency.
He, however, declined to make further comments, promising that the commission would release a statement on the matter soon.
The EFCC later released Chukwuma on bail but accused him and his brother, Charles, of alleged involvement in a N1.4bn fraud.
Earlier on Wednesday, members of the Senate took turns to criticise the EFCC for the manner in which the industrialist was picked up on Tuesday in Enugu.
The lawmakers accused EFCC of highhandedness and adopting military approach in the execution of its duties.
They therefore mandated the Senate Committee on Financial Crimes and Anti-Corruption to investigate the matter and report back to the chamber on Thursday.
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