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

Northern Governors calls for investigations over Mailafia’s allegations on terrorism, banditry

Global Upfront

UAE ‘bars’ airlines from flying Nigerians to Dubai as Omicron ban row deepens

Global Upfront

Nigerians mourn as Dr Chukwuemeka Ezeife loses wife, Njideka, in U.S. hospital

Global Upfront

Harvard Neuroscientists Explore the Science of Acupuncture

Global Upfront

With Looming Terrorists’ Takeover Of Abuja, Impeachment Threats, Buhari Again Summons Emergency National Security Council Meeting Thursday

Global Upfront

Nigeria maintains high COVID-19 numbers with 587 new cases, total infections now 17, 735

Global Upfront

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