EFCC arrests Accountant General of the Federation for N80billion fraud

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Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested the serving Accountant General of the Federation, Mr. Ahmed Idris.

Idris was arrested on Monday in connection with the diversion of funds and money laundering activities to the tune of N80billion.

The Commission in a statement 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.

“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.