N80Billion Fraud Saga: EFCC Arrests Nigeria’s Accountant General Ahmed Idris

EFCC boss Abdulrasheed Bawa

By Frank Oshanugor

In a new move to clamp down on primitive accumulators within the governance system, operatives of the Economic and Financial Crimes Commission,

(EFCC), on Monday arrested serving Accountant General of the Federation (AGF) Mr. Ahmed Idris in connection with diversion of funds and money

laundering activities to the tune of N80billion( Eighty Billion Naira only).

According to a statement on Monday evening, (a copy of which was made available to AtlanticNewsonline ) by EFCC’s spokesman; Wilson Uwajaren,


“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.”

The statement added that Mr. Idris was arrested after failing to honour invitations by the EFCC to respond to issues connected to the fraudulent acts.

Written by: Frank Oshanugor

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