News reaching our newsroom has it that the Accountant-General of the Federation (AGF), Mr Ahmed Idris, has been suspended indefinitely by the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed. His suspension is coming days after his arrest by the Economic and Financial Crimes Commission (EFCC) over an alleged N80 billion fraud.
Ahmed announced the suspension of the AGF through a letter dated May 18, 2022. The minister stated that the suspension was to allow for “proper and unhindered investigation” in line with public service rules.
Recall that the AGF was arrested on Monday in connection with the diversion of funds and money laundering activities to the tune of N80 billion. The EFCC spokesman, Wilson Uwujaren, disclosed that the AGF was arrested after failing to honour invitations by the anti-graft agency to respond to issues connected to the fraudulent acts.
“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,” Uwujaren had stated in a statement.
