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EFCC Uncovers 17 Properties Linked To The Accountant-general In A N80 Billion Fraud.

EFCC uncovers 17 properties linked to the accountant-general in a N80 billion fraud.

According to PUNCH, the Economic and Financial Crimes Commission has linked at least 17 properties to the Accountant-General of the Federation, Ahmed Idris.

This comes as Zainab Ahmed, the Minister of Finance, Budget, and National Planning, has suspended Idris, who is being investigated for N80 billion in fraud.

The properties related to Idris are located in Kano, Lagos, Abuja, Dubai, and London, according to an EFCC employee who requested anonymity.

However, preliminary investigations revealed that the nation’s chief accountant apparently purchased several of these properties through proxies. As a result, the commission would need to invite some of the accountant-proxies. general’s

According to the detective, these assets were purchased while Idris was in office and were not declared to the Code of Conduct Bureau, as required by law.

“About 17 residences have been tracked to him in London, Lagos, Kano, Abuja, and Dubai,” he continued. Some of the houses in Abuja are in serviced estates.”

The EFCC stated on Monday that the accountant-general had been arrested for N80 billion in fraud.

“The commission’s verified intelligence proved that the AGF raked in the monies through phoney consultancies and other criminal operations employing proxies, family members, and close acquaintances,” the statement stated in part. Real estate investments in Kano and Abuja were used to launder the proceeds.”

Idris was reportedly investigated last year after reports that he gave a family large sums of money in exchange for their 16-year-old daughter’s marriage.

Nura Bagudu, the teenager’s uncle, told PUNCH in an interview that the accountant-general had given the young lady and her family houses and presents and had filed complaints with the Federal Government.

Bagudu told PUNCH, “He told the young girl to go to Abuja and chose any house she liked, and he would buy it for her.”

Meanwhile, the Federal Government said on Wednesday that the accountant-general will be suspended to allow for a smooth investigation.

The Minister of Finance ordered Idris not to enter the office at any moment in a letter communicating his suspension, noting that the suspension was in accordance with public service standards.

“Following your recent detention by the EFCC on charges of diversion of funds and money laundering, I write to express your suspension from employment without pay effective May 18, 2022,” the letter said in part.

Efforts to reach the EFCC’s spokesman, Mr. Wilson Uwujaren, were unsuccessful since he did not return calls.

Source – THE PUNCH

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