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JUST IN: N80 Billion Fraud Allegation lands AGF Ahmed Idris in EFCC Net

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AGF Ahmed Idris

The Accountant General of the Federation (AGF), Ahmed Idris, has been arrested by men of the Economic Financial and Criminal Commission (EFCC) for questioning over an N80 billion fraud allegation.

The EFCC confirmed the development on Monday night via its verified Twitter handle.

According to a statement signed by the spokesperson of the anti-graft agency, Wilson Uwujaren, the AGF was arrested after refusing to honour the agency’s invitation.

The statement read that his arrest is not unconnected to diversion of public funds and money laundering.

The statement read: “Operatives of the Economic and Financial Crimes Commission, EFCC, on Monday, May 16, 2022, arrested serving Accountant General of the Federation, Mr. Ahmed Idris in connection with diversion of funds and money laundering activities to the tune of N80 billion (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,” Uwujaren’s statement read.

EFCC noted that the public fund is diverted to investment in real estate in Kano and Abuja.

“The funds were laundered through real estate investments in Kano and Abuja. Mr. Idris was arrested after failing to honour invitations by the EFCC to respond to issues connected to the fraudulent acts,” the statement further read.

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