Crime
AGF cools his heels with EFCC over ‘N80bn Fraud’
Serving Accountant General of the Federation, Mr. Ahmed Idris has been nabbed by the operatives of the Economic and Financial Crimes Commission, (EFCC) over alleged diversion of funds and money laundering activities to the tune of N80b.
Intelligence gathered by the anti graft agency shows that the AGF profited immensely off the funds through vague consultancies and other illegal activities using proxies, family members and close associates.
The funds were laundered according to reports through real estate investments in Kano and Abuja.
After failing to honour invitations by the EFCC to respond to issues connected to the fraudulent acts the commission moved in to effect his arrest