Crimes

EFCC recovers N30bn from suspended AGF Idris

The Economic and Financial Crimes Commission (EFCC) says it has recovered over N30 billion from the suspended Accountant-General of the Federation (AGF), Ahmed Idris.

The EFCC Chairman, Abdulrasheed Bawa, disclosed this at a media briefing in Abuja on Thursday.

The briefing was part of the highlights of the activities of the anti-graft agency for the year 2022.

Speaking on the achievements of the EFCC from January to December 2022, Bawa gave other recoveries to include N134,33,759,574.25, $121,769,076.30, £21,020.00, €156,925.00, and ¥21,350.00, CFA300,000.00, among others.

The EFCC boss disclosed that over 3,615 convictions were recorded within the period, stressing that the commission is serious about its anti-corruption programme.

READ ALSO: Fidelity Bank official slumps, dies in Lagos

He announced that the nationwide auction of forfeited automobiles will be followed by the disposal of over 150 houses to interested buyers.

Bawa, however, assured that by the time the Special Control Unit against Money Laundering (SCMUL) becomes fully operational, it will be difficult for money to be laundered in the country.

It would be recalled that the EFCC is currently prosecuting the embattled AGF over alleged N109 billion fraud.

The EFCC alleged that between February and December 2021, Idris accepted from Olusegun Akindele, a gratification of N15.1 billion, which sum was a motive for accelerating the payment of 13 per cent derivation to the nine oil-producing states in the country, through the office of the Accountant-General of the Federation.

The anti-graft agency also alleged that N84.3 billion from the Federal Government’s account was converted by the suspended AGF and Akindele between February and November 2021.

The EFCC said the offence contravenes sections 155 and 315 of the Penal Code Act Cap 532 Laws of the Federation of Nigeria 1990.

The Star

Segun Ojo

Recent Posts

T-Pain sues Akon’s label over $489,000 royalties

American singer T-Pain has taken legal action against Konvict Entertainment, the record label founded by…

25 minutes ago

PCN shuts Kano drug market, seals 797 outlets

The Pharmacy Council of Nigeria has closed the illegal drug cluster at Dalan-Gyada, along Katsina…

49 minutes ago

Nigeria needs $337bn to meet 2035 climate targets — NCCC

Nigeria will require an estimated $337 billion to implement climate interventions across key sectors and…

1 hour ago

Kaduna govt fulfils 2025 FG-ASUU agreement, approves new salary for KASU lecturers

The Kaduna State Government has approved implementation of the December 2025 Federal Government-ASUU salary agreement…

2 hours ago

Police pay N26.4m insurance benefits to families of 52 fallen officers in Imo

The Imo State Police Command has presented cheques worth N26.43 million to families of 52…

2 hours ago

FDP urges Atiku, Obi, Kwankwaso to abandon 2027 presidential bids

The Forum for Democratic Patriots (FDP) has urged former Vice-President Atiku Abubakar, Peter Obi and…

3 hours ago

This website uses cookies.