Breaking: EFCC Arrests AGF For N80billion Fraud

Operatives of the Economic and Financial Crimes Commission (EFCC), on May 16, 2022, arrested the Accountant General of the Federation, Mr. Ahmed Idris for fraud.

Mr. Idris was arrested in connection with the diversion of funds and money laundering activities to the tune of N80billion (Eighty Billion Naira) only.

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The arrest was executed after the Anti-graft agency verified information that detailed how AGF diverted funds through bogus consultantcies 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 honor invitations by the EFCC to respond to issues connected to the fraudulent acts.