Home News EFCC Arrests Nigeria’s Accountant-General for N80bn Fraud

EFCC Arrests Nigeria’s Accountant-General for N80bn Fraud

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The Economic and Financial Crimes Commission (EFCC) has arrested the incumbent Accountant- General of the Federation (AGF), Ahmed Idris, in connection with diversion of funds and money laundering activities to the tune of N80 billion.
The AGF was arrested in Kano State after failing to honour an invitation and was immediately moved to Abuja on Sunday night, according to EFCC spokesperson, Wilson Uwujaren.
Uwujaren said the funds were laundered through real estate investments in Kano and Abuja.
The statement read in part: “Operatives of the EFCC on Monday, May 16, 2022 arrested the serving Accountant General of the Federation, Mr. Ahmed Idris, in connection with diversion of funds and money laundering activities to the tune of N80billion
“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.
Mr. Idris was arrested after failing to honour invitations by the EFCC to respond to issues connected to the fraudulent acts.”

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