News

EFCC arrests Nigeria’s Accountant General for N80bn fraud

The Accountant General of the Federation, Mr. Ahmed Idris, has been arrested by the operatives of the Economic and Financial Crimes Commission (EFCC).

Idris was arrested on Monday 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,” Wilson Uwujaren, Head, Media & Publicity, stated in a statement made available to The Star.

The Star

Editor

Recent Posts

NGX posts N1.30 dividend as profit hits N10.3bn in H1 2026

The Nigerian Exchange Group (NGX) Plc has announced an interim dividend of N1.30 per ordinary…

57 minutes ago

Cardoso, Okonjo-Iweala to headline 7th Africa Emerging Markets Forum in Abuja

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, and the Director-General of…

1 hour ago

BBNaija Season 11 begins as 24 housemates compete for N160m prize

The 11th edition of Big Brother Naija (BBNaija) officially commenced on Sunday night with the…

1 hour ago

Bandit attacks leave 40% of Sokoto East PHCs underperforming — Traditional ruler

Persistent insecurity has left about 40 per cent of primary healthcare centres (PHCs) in Sokoto…

1 hour ago

FG targets diaspora doctors to strengthen Nigeria’s healthcare system

The Federal Government has unveiled plans to leverage the expertise of more than 50,000 Nigerian…

1 hour ago

Bandits abduct Kebbi High Court judge from residence

Gunmen suspected to be bandits have abducted a judge of the Kebbi State High Court,…

1 hour ago

This website uses cookies.