Global Upfront Newspapers
CoverNews

48 Hours After EFCC Arrest, Minister Of Finance Suspends Nigeria’s Accountant General Over Alleged N80 Billion Fraud

Over 48 hours after he was arrested by the Economic and Financial Crimes Commission (EFCC) on allegations of laundering over N80 billion, Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has suspended the Accountant General of the Federation, Mr. Ahmed Idris.

Media Adviser to the Minister, Mr. Yunusa Tanko, confirmed that Mrs Ahmed has directed that Idris should proceed on indefinite suspension pending the outcome of the EFCC investigations.

On Monday night, the EFCC announced that its operatives have arrested Idris “in connection with diversion of funds and money laundering activities to the tune of N80 billion (eighty billion Naira).”

According to a statement by EFCC Spokesperson, Wilson Uwujaren, “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, Uwujaren said, “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.”

Advertize With Us

See Also

Supreme Court Will End Legitimacy Crisis in Enugu State – Stakeholders

Global Upfront

Senegal On The Brink As Parliament Extends Incumbent President Macky Sall’s Powers, Sets December 15 As New Election Date

Global Upfront

Presidential Election: Peter Obi Triumphs With Wide Margin In FCT Abuja As Atiku Wins In Kebbi State

Global Upfront

Nigeria Still Ranks Low In Global Internet Value Index

Global Upfront

History May Explain South Africa’s Refusal To Condemn Russia’s Invasion Of Ukraine

Global Upfront

Drama In Kano Upper Sharia Court As Muslim Cleric, Abduljabbar, Disowns His Lawyer, Sentenced To Die By Hanging For Blasphemy

Global Upfront

The History Behind Guinea’s Latest Coup

Global Upfront

Russia Takes Over U.N. Security Council, Prompting Outrage From Ukraine, Western Allies

Global Upfront

Nigeria Has Seen A Lot of Conflict Over The Years: Resistance From Minority Groups Is A Strong Driver

Global Upfront

Troops foil ISWAP terrorists attacks on Special Forces School, Buni Yadi, Yobe State, kill 7 terrorists

Global Upfront

This website uses Cookies to improve User experience. We assume this is OK...If not, please opt-out! Accept Read More