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Breaking: EFCC picks up Accountant General of the Federation for N80 billion fraud

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The Economic and Financial Crimes Commission (EFCC) has arrested the Accountant General of the Federation (AGF), Ahmed Idris for an N80 billion fraud.

Idris was arrested by operatives of the EFCC on Monday.

The serving AGF was arrested in connection with the diversion of funds and money laundering activities.

According to a statement by the EFCC, verified intelligence showed that Idris 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,” the EFCC stated.

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