N80 Billion Fraud: EFCC Arrests Accountant General Of The Federation

Accountant General of the Federation, Ahmed Idtis
Accountant General of the Federation, Ahmed Idtis

The Economic and Financial Crimes Commission, EFCC, has confirmed the arrest of the accountant general of Nigeria, Mr Ahmed Idris for allegedly mismanaging N80 billion naira.

A statement from the EFCC signed by the Director of Media and Publicity Wilson Uwuajaren, said Idris was arressted in connection with diversion of funds and money laundering activities to the tune of N80 bn.

Operatives of the Economic and Financial Crimes Commission, EFCC, on Monday, May 16, 2022 arrested serving Accountant General of the Federation, Ahmed Idris in connection with diversion of funds and money laundering activities to the tune of N80bn( Eighty Billion Naira only).
The Commission’s verified intelligence showed that the AGF raked off the funds through bogus consultancies and other illegal activities using proxies, family members and close associates.

The funds were laundered through real estate investments in Kano and Abuja.

Ahmed Idris was arrested after failing to honour invitations by the commission to respond to issues connected to the fraudulent practices.