Nigeria Accountant General of the Federation Arrested & Suspended for N80billion Fraud
Nigeria Accountant General of the Federation, Mr. Ahmed Idris, has been arrested by the Economic and Financial Crimes Commission (EFCC) and suspended indefinitely by the Minister of Finance over 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 N80 billion.
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.
Sequel to his arrest, the Minister of Finance, Budget and National Planning, Zainab Ahmed, has suspended the Accountant-General of the Federation, Ahmed Idris, over the N80b fraud allegation.
The Minister’s Special Adviser on Media, Tanko Abdullahi confirmed the suspension, explaining that it was indefinite and to enable unhindered investigations into the fraud allegations.
Check out all PensionNigeria Financial Blog posts here
Be the First to Know – Follow PensionNigeria WhatsApp Channel Its Free – Click here to follow our WhatsApp Channel
Support PensionNigeria
Support PensionNigeria financially with N1,000 per Month HERE, or with any amount ONCE (One Time Only) HERE
Empower us to do more independent analysis of the Pension Industry in Nigeria
Be the First to Know – Follow PensionNigeria WhatsApp Channel
Its Free – Click here to follow our WhatsApp Channel
Don’t Miss Anything Subscribe to PensionNigeria Newsletter on Substack
Once you Subscribe, we immediately send you an Email.
Please check your Inbox and SPAM folder.
If the Email is in your SPAM folder, kindly move it to your Inbox and add pensionnigeria@substack.com to your address book or contacts.
If you have subscribed before and you still do not receive our Newsletter,
please check your “Spam Folder”, if you find our Newsletter there, mark it as “NOT SPAM” or move it to your Inbox
Check here for Recent PensionNigeria Newsletter
Follow PensionNigeria on Social Media
Like our Facebook Page
Follow us on Twitter, Instagram & LinkedIn
Subscribe to our Channel on YouTube
Grow Your Personal Investment with Stanbic IBTC Asset Management
Pension is Your Right,
An Insurance for Old Age
Follow PensionNigeria on Social Media LinkedIn Twitter Instagram Facebook YouTube