Just In: EFCC Arrests AGF Over Alleged N80 Billion Fraud

The Economic and Financial Crimes Commission (EFCC), in the statement issued by its Director of Media and Publicity, Wilson Uwuajaren on Monday, May 16, 2022, has confirmed the arrest of Mr. Ahmed Idris, the Accountant General of the Federation, for allegedly mismanaging N80billion (Eighty Billion Naira)

 

EFCC’s Press Statement reads:

 

EFCC Arrests Ahmed Idris, Accountant General of the Federation, for N80billion Fraud

 

“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 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. Iris was arrested after failing to honour invitations by the EFCC to respond to issues connected to the fraudulent acts.”


Wilson Uwujaren

Head, Media & Publicity

May 16, 2022

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