Nigeria Accountant General of the Federation Arrested & Suspended for N80billion Fraud – PensionNigeria

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.

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