The funds were laundered through real estate investments in Kano and Abuja
The Nigerian anti-graft agency, the Economic and Financial Crimes Commission, EFCC, on Monday, May 16, 2022, arrested serving Accountant General of the Federation, Ahmed Idris, in connection with the diversion of funds and money laundering activities to the tune of N80 billion.
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.
Mr Idris was arrested after failing to honour invitations by the EFCC to respond to issues connected to the fraudulent acts.
He was first appointed as accountant-general on June 25, 2015, by President Muhammadu Buhari. He was reappointed for a second term in 2019.
