N80Bn Fraud: EFCC Arrests Accountant General of the Federation


Operatives of the Economic and Financial Crimes Commission (EFCC), on today, arrested the Accountant General of the Federation (AGF), Mr. Ahmed Idris, for alleged money laundering activities.

The AGF, according to the anti-graft agency, was said to be connected with diversion of funds and money laundering activities to the tune of N80 Billion only.

The EFCC’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, as stated by the anti-corruption agency, were laundered through real estate investments in Kano State and Abuja.


Mr. Idris was arrested after failing to honour invitations by the EFCC to respond to issues connected to the fraudulent acts.