27.2 C
Lagos
27.2 C
Lagos
Sunday, July 3, 2022
spot_img

EFCC arrests accountant general Idris over N80 bln fraud

By Samuel Bankole

The anti-graft agency, Economic and Financial Crime Commission (EFCC) on Monday said it has arrested the Accountant General of the Federation, Ahmed Idris for N80 billion Fraud.

In a post on its Twitter handle, the commission said its operatives arrested serving Accountant General of the Federation, Idris, in connection with the diversion of funds and money laundering activities to the tune of N80 billion (Eighty Billion Naira) only.

READ ALSO: Nigeria’s equity market falls 0.29% as naira weakens to N421.5/$ on I&E

“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 were laundered through real estate investments in Kano and Abuja. Idris was arrested after failing to honour invitations by the EFCC to respond to issues connected to the fraudulent acts,” the commission wrote on its Twitter account.

- Advertisement -spot_imgspot_img
Latest news
- Advertisement -spot_img
Related news