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Tuesday, 17 May 2022

EFCC Explains How Accountant-General Of The Federation Allegedly Stole ₦80 Billion Within 7 Years

 The Accountant-General of the Federation (AGF), Ahmed Idris was on Monday, taken into custody by operatives of the Economic and Financial Crimes Commission (EFCC). In fact, the government top official was accused of laundering or rather, diverting funds to the tune of 80 Billion Naira.

Photo Credit: Ahmed Idris via NTA News

Recall that Ahmed Idris was reappointed as AGF in 2019 after his first appointment by President Muhammadu Buhari in 2015. Hence, the incumbent AGF became the first ever Nigerian in the recent time to be appointed as the Accountant-General of the Federation for two terms in office.

Meanwhile, following the confirmation of arrest by the EFCC Head of Media, Wilson Uwujaren, in a statement on Monday, the EFCC explained that the commission had acted on verified intelligence against Idris who has been taken into custody for the alleged massive fraud.

Image Credit: The Sun Nigeria

The EFCC Head of Media also explained how the AGF laundered the money which he was accused of. According to him, Idris was arrested after he failed to honour the invitations of the commission to respond to issues connected to the alleged fraud.

In his words, Wilson Uwujaren explained that the AGF had;

“... raked off the funds through bogus consultancies and other illegal activities using proxies, family members and close associates”, while adding that “the funds were laundered through real estate investments in Kano and Abuja”.

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