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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.”

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