The Economic and Financial Crimes Commission, EFCC, has finally disclosed why it arrested the Accountant General of the Federation, Ahmed Idris.
The Commission had intercepted Ahmed at the Kano Airport on Monday, May 16, 2022, and flown him to its headquarters in Abuja for interrogation.
When the story broke, there was no official confirmation from the Commission. But late Monday, it finally confirmed the AGF’s arrest for alleged stealing, diversion of public funds, and money laundering to the tune of N80 billion.
“On Monday, May 16, 2022, operatives of the EFCC arrested serving Accountant General of the Federation, Mr. Ahmed Idris in connection with diversion of funds and money laundering activities to the tune of N80 billion (Eighty Billion Naira) only.
“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,”
Mr Idris was re-appointed the AGF in June 2019 by President Muhammadu Buhari to a second four-year term in office even after he had reached the retirement age of 60 years.
He is not likely to go back to the office again.