PDP's National Advertising Secretary, Kola Ologbondiyan, in a statement released on Wednesday in Abuja, he said the demand had become necessary after reviewing the circumstances surrounding the Magu investigation.
Ologbondiyan said the PDP noted that the alleged corruption details detailed in the Attorney General's and Minister of Justice's memo, as well as the State Department of Services (DSS) report on Magu's activities, had exposed the racket under his watch. .
The allegations, he said, included embezzlement of recovered funds and fraudulent sale of assets seized by the EFCC, among others.
He advised President Muhammadu Buhari not to allow the matter to be swept under the rug or for Magu to be protected from prosecution.
“What Nigerians expect at the moment is for Buhari to apply the law, ordering the relevant agencies to initiate actions that would lead to Magu's indictment in court.
"Anything below that will not be acceptable to Nigerians," he said.
The incumbent president, in trouble, was reportedly questioned by a presidential panel created to investigate allegations of misconduct against him.