N174 Billion Fraud: Suspended Accountant-General Released From EFCC Custody

Date:

The suspended Accountant-General of the Federation, Ahmed Idris, has been released by the Economic and Financial Crimes Commission after he was arrested for his alleged involvement in an N174 billion fraud, The PUNCH can confirm.
Idris was released on bail from the custody of the anti-graft agency on Wednesday night in Abuja and has since been reunited with his family.
The EFCC spokesperson, Wilson Uwujaren, confirmed this to our correspondent on Thursday morning.
“The suspended Accountant-General is out on bail. He was released last night,” Uwujaren said.
I had reported that Idris was nabbed by operatives of the EFCC on May 16, 2022, in connection with a series of frauds that was initially thought to be N84 billion.
Three days after his arrest, Idris was suspended by the Minister of Finance, Budget, and National Planning, Zainab Ahmed, to enable him to face his probe.
Sources revealed to The PUNCH that during questioning, Idris mentioned names, companies, and a huge amount of money which is currently under probe.
He also made confessional statements and provided traces of funds, withdrawals, and deposits in local and foreign currencies.
This led to the arrest of the former governor of Zamfara State, Abdulaziz Yari, and the Chairman and Managing Director of Finex Professional, Anthony Yaro, by the EFCC last week.
Sources within the EFCC also mentioned to our correspondent that the acting-AGF, Anamekwe Nwabuoku, who was appointed after Ahmed Idris’ suspension is also under surveillance concerning accusations of financial impropriety.
The allegations against him include overpayment to himself while serving in previous ministries and agencies.
He was also alleged to have perpetrated fraud through the Government Integrated Financial Management System used to pay salaries of Federal Government staff.
“Some of the alleged infractions occurred when Nwabuoku was the Director of Finance and Accounts, Ministry of Defence,” the source said.

IGBAJI U.C.
IGBAJI U.C.https://igbajiugabi.com
Igbaji Ugabi Chinwendu, from Cross River State, Nigeria. As a Business Educator, he is profoundly interested in teaching and managing business. Started blogging 2010 and officially 2013. He holds the esteemed positions of Chief Executive Officer (CEO) and Director at Freemanbiz Communication and Writers King LTD, demonstrating his leadership and expertise in the field.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Share post:

Subscribe

Popular

More like this
Related

Pan-Atlantic University Financial Aid for Undergraduate Programme 2024; see link to apply

Pan-Atlantic University Financial Aid for Undergraduate Programme 2024; See...

Seplat Energy Plc 2024 Graduate Trainee Scheme; see link to apply

Seplat Energy Plc 2024 Graduate Trainee Scheme; See Link...

Commercial Relationship Management Officer Needed at Wema Bank Plc; See the Several Locations to Apply

Commercial Relationship Management Officer Needed at Wema Bank Plc;...

Apply Now: Shell Graduate Programme 2024 is Ongoing – Nigeria

Apply Now: Shell Graduate Programme 2024 is Ongoing -...