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Abuja court orders suspended AGF Idris, co-accused reminded in Kuje prison over N109.5 bln fraud

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An Abuja High Court on Friday ordered that the suspended Accountant-General of the Federation, Ahmed Idris be remanded with two others in the custody of the Nigerian Correctional Service, Kuje.

The Economic and Financial Crimes Commission (EFCC) arraigned Idris alongside Godfrey Olusegun Akindele and Mohammed Kudu Usman, and a firm — Gezawa Commodity Market and Exchange Limited over allegations of fraud.

The EFCC charged Idris and his co-defendants on a 14-count charge of stealing and criminal breach of trust to the tune of N109.5 billion before the Abuja High Court.

Justice Adeyemi Ajayi ordered that Idris and his co-defendants be kept in Kuje Correctional pending the hearing of their bail applications on July 27.

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The EFCC said Idris and his co-defendants are indicted on a 14-count charge of stealing and criminal breach of trust to the tune of N109.5 billion.

According to one of the charges, the EFCC alleged that Idris received gratification from one Olusegun Akindele, worth N15.1 billion, in exchange for “accelerating the payment of 13 per cent derivation to the nine oil-producing states in the federation.”

The EFCC alleged that Ahmed Idris between February and December 2021 at Abuja, being a public servant by virtue of his position as the AGF accepted from Olusegun Akindele, a gratification in the aggregate sum of N15.1 billion which sum was converted to the United States Dollars by the said Olusegun Akindele and which sum did not form part of his lawful remuneration but as a motive for accelerating the payment of 13 per cent derivation to the nine oil producing states through the office of the AGF.

The offence contravenes Section 155 of the Penal Code Act Cap 532 Laws of the Federation of Nigeria 1990 and is punishable under the same Section.

“That you, Ahmed Idris between February and December 2021 at Abuja in the Abuja Judicial Division of the High Court of the Federal Capital Territory, being a public servant by virtue of your position as the Accountant General of the Federation, accepted from Olusegun Akindele, a gratification in the aggregate sum of N15,136,221,921.46 (Fifteen Billion, One Hundred and Thirty-Six Million, Two Hundred and Twenty-One Thousand, Nine Hundred and Twenty-One Naira and Forty-Six Kobo), which sum was converted to the United States Dollars by the said Olusegun Akindele and which sum did not form part of your lawful remuneration but as a motive for accelerating the payment of 13% derivation to the nine (9) oil producing states in the Federation, through the office of the Accountant General of the Federation, and you thereby committed an offence contrary to Section 155 of the Penal Code Act Cap 532 Laws of the Federation of Nigeria 1990 and punishable under the same section,” the charge sheet reads.

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