The Economic and Financial Crimes Commission (EFCC), on Monday, arrested Ahmed Idris, accountant-general of the federation, over alleged fraud.
Idris was said to have been arrested in Kano.
The commission, in a statement on Monday, said it is investigating the accountant-general over alleged misappropriation of funds to the tune of N80 billion.
The EFCC also said it arrested Idris after he failed to respond to invitations by the commission to answer questions over the allegation.
“Operatives of the Economic and Financial Crimes Commission, EFCC, on Monday, May 16, 2022, arrested serving Accountant General of the Federation, Mr. Ahmed Idris, in connection with diversion of funds and money laundering activities to the tune of N80billion (Eighty Billion Naira) only,” the statement reads.
“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.”