EFCC Nabs Nigeria Accountant General Ahmed Idris Over N80bn Fraud

May 16, 2022

Operatives of the Economic and Financial Crimes Commission (EFCC) has arrested serving Accountant General of the Federation, Mr. Ahmed Idris for alleged money laundering activities to the tune of N80 billion.

According to a post on EFCC’s verified Twitter handle, Idris was arrested on Monday.

The anti-graft agency said its verified intelligence showed that the AGF “raked off the funds through bogus consultancies and other illegal activities using proxies, family members and close associates.

Join our WhatsApp Channel

The funds were laundered through real estate investments in Kano and Abuja,” EFCC stated.

“Mr. Idris was arrested after failing to honour invitations by the EFCC to respond to issues connected to the fraudulent acts,” the commission further stated.

victor ezeja
Correspondent at  |  + posts

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Victor Ezeja

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Nigeria's Inflation Rate Increases To 26.72%, AS Food Prices Soars
Previous Story

Nigeria’s Inflation Rate Hits 8-Month High At 16.82%

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1
Next Story

ABCON To CBN: Create Special FX Trading Window For BDCs

Featured Stories

Latest from News

Tinubu Hails Fela Kuti on Posthumous Grammy Lifetime Achievement Award

President Tinubu has paid glowing tribute to Afrobeat pioneer, Fela Anikulapo Kuti, following his posthumous recognition with the Recording Academy of America’s Grammy Lifetime Achievement Award, Prime Business Africa reports. In a statement issued by the State House on Sunday, the President

US Cannot Force Nigeria to Cancel Turkey Arms Deal – Defence Chief

Nigeria’s defence minister has said the United States cannot pressure the government into cancelling its new military partnership with Turkey, as the country prepares to receive defence equipment and technology from Ankara in the coming weeks. General Christopher Musa, a former chief
Nigeria's Inflation Rate Increases To 26.72%, AS Food Prices Soars
Previous Story

Nigeria’s Inflation Rate Hits 8-Month High At 16.82%

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1
Next Story

ABCON To CBN: Create Special FX Trading Window For BDCs

Don't Miss

Elon Musk's X Fined Over A$610,500 For Failing To Address Child Abuse Concerns

Twitter Introduces $8 Monthly Subscription Fee For Blue Check Marks 

Twitter, now known as “X” since the recent logo change,
thumbs b c 118107070eb7bbd677669de59e86375d

Crypto Investment Rises By 100% In 2021

BLOCKCHAIN investment and cryptocurrency in the first half of 2021