EFCC Arrests Nigeria’s Accountant General Over N80 Billion Fraud, Corrupt Practices

The operatives of the Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), has arrested the nation’s Account General of the Federation (AGF), Ahmed Idris, for involvement in collosal fraud amounting to N80 billion.

According to EFCC, Idris was arrested in “connection with the diversion of funds and money laundering activities to the tune of N80billion” as 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.”

EFCC in a statement signed by its spokesman, Wilson Uwujaren, Monday further explained that the funds were laundered through real estate investments in Kano and Abuja.

The full text of the statement reads:

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 the diversion of funds and money laundering activities to the tune of N80billion( Eighty Billion Naira only).

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.

Wilson Uwujaren
Head, Media & Publicity
May 16, 2022