Operatives of the Economic and Financial Crimes Commission (EFCC) on Monday arrested the Accountant General of the Federation, Mr. Ahmed Idris in connection with diversion of funds and money laundering activities to the tune of N80 billion.
The anti-graft commission disclosed this in a statement.
“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 statement read in part.
According to the EFCC, the funds were laundered through real estate investments in Kano and Abuja.
The commission noted that Idris was arrested after failing to honour invitations by the EFCC to respond to issues connected to the fraudulent acts.