Home » Uncategorized

EFCC Arrests Accountant General Over N80bn Fraud

The Economic and Financial Crimes Commission (EFCC) has arrested the Accountant-General of the Federation (AGF) Ahmed Idris over an N80 billion fraud. 

EFCC spokesman Wilson Uwujaren confirmed his arrest in a statement issued on Monday evening.

He said Idris was arrested after failing to honour the commission’s invitations to respond to issues connected to the fraudulent act.

“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( Eighty Billion Naira only),” Uwujaren’s statement read.

“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.”

According to the EFCC, the funds were laundered via real estate investments in Kano and Abuja.

DISCLAIMER: We do not claim ownership of any materials display on our platform. They remain the property of the original creators. Go to our DMCA Takedown for content removal.

About Sheynex 4801 Articles
Sheynex is an Upcoming Philosopher, An Editor, News Writer, and Content Creator at Exclusivebaze.com.ng. 🌠 Call/Whatsapp: 08076938557

Be the first to comment

Leave a Reply

Your email address will not be published.




This site uses Akismet to reduce spam. Learn how your comment data is processed.