Crime
BREAKING: Accountant General Of The Federation Suspended Indefinitely Over N80bn Fraud

BREAKING: Accountant General Of The Federation Suspended Indefinitely Over N80bn Fraud
Onyxnewsng reports that the Minister of Finance, Budget, and National Planning, Zainab Ahmed, on Wednesday, May 18, suspended the Accountant General of the Federation, Ahmed Idris indefinitely.
This online news platform understands that the Accountant General suspension followed his indictment for fraud worth N80 billion by the Economic and Financial Crimes Commission (EFCC), Nigeria’s antigraft agency.
The EFCC had in a statement by its Head of Media, Wilson Uwujaren on Monday, May 16, 2022, said that the EFCC operatives arrested Idris for alleged massive fraud.
Accountant General of the Federation was accused of diversion of funds and money laundering to the tune of N80billion. Uwujaren noted that the commission acted on verified intelligence against Idris.
He was said to have “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, the EFCC added.
A statement published on the micro-blogging site, Twitter by the EFCC reads as thus; “EFCC Arrests Ahmed Idris, Accountant General of the Federation, for N80billion Fraud Operatives of the 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 N80billion (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. Mr. Idris was arrested after failing to honour invitations by the EFCC to respond to issues connected to the fraudulent acts,” the statement added.
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 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.
— EFCC Nigeria (@officialEFCC) May 16, 2022
Ahmed Idris was nabbed after failing to honour invitations to respond to issues connected to the alleged fraudulent acts.
-
Headline1 week ago
BREAKING: UEFA Champions League Knockout Phase Play-off Draw Confirmed [Full List]
-
Education1 week ago
2025 UTME: JAMB Announces New Day To Commence Registration
-
Headline1 week ago
UPDATED: Must See For iPhone Users As Apple Automatically Turns On Risky Feature
-
Entertainment6 days ago
2025 Grammy Awards: Full List Of Award Winners
-
Brands and Marketing5 days ago
Naira Appreciates To N1,595/$ In Parallel Market
-
Education5 days ago
BREAKING: ABU Zaria Announces Prof. A. Ahmed As New VC
-
Headline5 days ago
OFFICIAL: US Donald Trump Signs Order Withdrawing US From UN Bodies
-
Entertainment3 days ago
BREAKING: Nollywood Actor, Columbus Irisoanga Is Dead
-
Entertainment4 days ago
BREAKING: Nollywood Actress Pat Ugwu Is Dead
-
Entertainment4 days ago
BREAKING: Isreal Joins US, Withdraws From UN Human Rights