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Accountant General Suspended By FG Over Alleged N80 Billion Fraud

Accountant General Suspended By FG Over Alleged N80 Billion Fraud 

The EFCC detained Idris on suspicion of laundering N80 billion from the federal treasury.

By Omotayo Olutekunbi

The Accountant-General of the Federation, Ahmed Idris, has been suspended by the Minister of Finance, Zainab Ahmed, for suspected N80 billion diversion and money laundering operations.

According to Public Service Rules, the suspension was essential “to enable for a full and unobstructed investigation into the severe charges” against him. The suspension will last until May 18, 2022.

Idris was detained two days ago for failing to honor an invitation by the Economic and Financial Crimes Commission (EFCC).

The anti-graft agency accused Idris of laundering the money through phony consultancies and real estate ventures in Kano and Abuja.

In a statement, the EFCC stated that, “Operatives of the EFCC on Monday, May 16, 2022 arrested the serving Accountant General of the Federation, Mr. Ahmed Idris, in connection with diversion of funds and money laundering activities to the tune of N80bn.

“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.”

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