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Home Business News Business

EFCC arrests Accountant General of the Federation, Ahmed Idris, over alleged N80 billion fraud

Says the funds were laundered through real estate investments in Kano and Abuja.

Justina Mboho by Justina Mboho
May 16, 2022
in Business
Nigeria’s N24.9 trillion debt not a problem – Finance Minister
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The Economic and Financial Crimes Commission has arrested Nigeria’s Accountant General of the Federation. Mr Ahmed Idris over alleged N80 billion fraud.

The anti-graft body disclosed this on its Twitter page displaying a picture of the AGF.

It tweeted, “Operatives of the EFCC on Monday, May 16, 2022, arrested serving Accountant General of the Federation, Mr. Ahmed Idris, in connection with diversion of funds and money laundering activities to the tune of N80billion (Eighty Billion Naira) only.

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“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.”

The EFCC said Mr. Idris was arrested after failing to honour invitations by the EFCC to respond to issues connected to the fraudulent acts.

EFCC Arrests Ahmed Idris, Accountant General of the Federation, for N80billion Fraud

Operatives of the EFCC on Monday, May 16, 2022 arrested serving Accountant General of the Federation, Mr. Ahmed Idris,… pic.twitter.com/OyZOgTwIQx

— EFCC Nigeria (@officialEFCC) May 16, 2022

What you should know

  • President Muhammed Buhari appointed Mr Idris as Accountant-General of the Federation on June 25, 2015.
  • Mr Idris was reappointed by President Buhari for a second four-year term in June 2019, amid criticisms from labour groups who said the accountant-general should retire after turning 60.
  • Mr Idris, a native of Kano State, North-west Nigeria, was born on November 25, 1960, and was until his appointment in 2015 the Director of Finance and Accounts, Federal Ministry of Mines and Steel Development.
  • Idris is a chartered accountant with over two decades of work experience. A Fellow of the Association of National Accountants of Nigeria and Fellow, Association of Financial Analysts of Nigeria.
  • He is a member of other professional bodies including the Chartered Institute of Taxation of Nigeria, the Certified Institute of Cost Management of Nigeria, and the Association of Certified Fraud Examiners.

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Tags: Accountant General of the FederationAhmed IdrisEFCCFeatured
Justina Mboho

Justina Mboho

For further inquiries about this article, contact: Email: justina.mboho@nairametrics.com Twitter: bb_ladyj LinkedIn: Justina Mboho

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Comments 1

  1. Abubakar Aliyu says:
    May 18, 2022 at 1:56 pm

    This is the same Accountant General i beg for fasting food during Ramadan and he turn me down, i never knew our 80 billion naira is with him. Pls let the law enforcement take over.

    Reply

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