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Home Business News Business

Suspended Accountant General of the Federation regains freedom from EFCC custody

Justina Mboho by Justina Mboho
June 2, 2022
in Business
external debt servicing, debt serving, Nigeria's debt, Nigeria's debt portfolio
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The Economic and Financial Crimes Commission (EFCC) has released the former Accountant General of the Federation (AGF), Ahmed Idris from its custody. 

 Mr Ahmed was released on Thursday at the commission’s headquarters in Abuja after meeting bail conditions.  

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 Recall Mr Idris was arrested on May 16 over alleged N80 billion fraud allegedly laundered through real estate investments in Kano and Abuja. 

What you should know

  • The EFCC had said Mr. Idris was arrested after failing to honour their invitations to respond to issues connected to the fraudulent acts. 
  • The EFCC said verified intelligence reports showed that Idris raked off the funds through bogus consultancies and other illegal activities using proxies, family members and close associates. 
  • Following his arrest,  the Minister of Finance, Budget and National Planning, Zainab Ahmed, suspended him indefinitely on May 18. 
  • A former Governor of Zamfara State, Abdulaziz Yari, was also arrested in connection with the N80 billion allegedly stolen by Mr Idris.  
  • A source who had earlier spoken to Nairametrics said the suspended AGF used proxies to buy various properties in London, Dubai, Lagos and Abuja. 

Related

Tags: EFCC

Comments 2

  1. Emmanuel Inisor Ekwetiong says:
    June 4, 2022 at 9:26 pm

    I think Assu leaders are right by not calling off this strike,this is the money FG did not have to settle them but is been stolen by one thief called AGF,is that the oat you took to always keep and safeguard our money for us?

    Reply
  2. Ogidiolu says:
    June 19, 2022 at 5:48 am

    The only thing that can save Nigeria is if we make corruption a capital offence. It needs to be enshrined into the constitution. Lets raise the risk involved in stealing from the public purse. Go ahead and steal ooh but if we catch you, hmm hmm, it’s a dawn appointment with the hangman for you, or a hail of bullets at bar beach. Strong medicine for strong sickness, and corruption is a cancer that has all but rendered Nigeria a failed state. We aren’t really serious about putting this country back on the right path when the one thing that will solve our problem we are not prepared to do it. So we’ll remain without light, good hospitals, security, early death, good education and huge poverty. And for what? So that people like Dizeani, Accountant General and soo many others can buy ten houses in Europe and America…..Firing Squad for them, let them be erased from the earth with a name synonymous with wickedness, greed and animal behaviour

    Reply

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