Breaking News

FG suspends Accountant-General over N80bn probe

The Accountant-General of the Federation (AGF), Ahmed Idris, has been suspended indefinitely by the Minister of Finance, Budget and National Planning, Zainab Ahmed.

Ahmed announced the suspension of the AGF via a letter dated May 18, 2022.

The minister stated that the suspension was to allow for “proper and unhindered investigation” in line with public service rules.

The latest development is coming two days after Idris was arrested by the Economic and Financial Crimes Commission (EFCC) over an alleged N80 billion fraud.

Idris was arrested on Monday in connection with the diversion of funds and money laundering activities to the tune of N80 billion.

READ ALSO: EFCC arrests Nigeria’s Accountant General for N80bn fraud

The EFCC spokesman, Wilson Uwujaren, disclosed that the AGF was arrested after failing to honour invitations by the anti-graft agency to respond to issues connected to the fraudulent acts.

“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,” Uwujaren had stated in a statement made available to The Star.

Details shortly…

The Star

Segun Ojo

Recent Posts

‘Testament to courage, tenacity’: Wale Tinubu lauds president on 74th birthday

The Group Chief Executive of Oando Plc, Wale Tinubu, has congratulated President Bola Tinubu on…

50 minutes ago

NDLEA intercepts cocaine hidden in dry stock fish, UK-bound drugs in automobile parts

The operatives of the National Drug Law Enforcement Agency (NDLEA) have intercepted a large consignment…

2 hours ago

Senior ISWAP commander Al-Muhajir killed in Malam Fatori

The Islamic State West Africa Province (ISWAP) has confirmed the death of one of its…

2 hours ago

Rivers govt reveals how Ibas spent ₦302B in six months

The Rivers State government has disclosed to the High Court of Rivers State that over…

3 hours ago

PDP convention to prove party is alive, set for smooth proceedings – Wike

Minister of the Federal Capital Territory, Nyesom Wike, has said the Peoples Democratic Party’s (PDP)…

4 hours ago

Troops foil oil well vandalism plot in Anambra

Soldiers deployed under the Joint Task Force South-South Operation Delta Safe have thwarted an attempt…

5 hours ago

This website uses cookies.