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Finance Minister Suspends Accountant General Over N80bn Scandal

metro by metro
May 18, 2022
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The Minister of Finance Budget and National Planning Zainab Ahmed has suspended the Accountant General of the Federation Ahmed Idris over an N80 billion scandal.
This is even as tongues have started wagging to the fact that the suspended Idris is stupendously rich, particularly in the real estate which some observers say has become a 'new haven' for some people exposed to government funds. 

The suspension was contained in a letter by the minister dated 18th May 2022 in which she said the move was necessitated by the need to “allow for proper and unhindered investigation into the serious allegations in line with Public Service Rules 030406”.

According to the minister, during the suspension period, which is without pay, Mr. Idris is not “expected to attend to your place of work or contact any official in your Office except for any disciplinary hearing that may be advised”.
ALSO READ:EFCC Arrests Ex-NDDC MD, Nsima Ekere, Over Alleged N47b Fraud
The suspension is the latest in the N80 billion scandal involving the Accountant General who was arrested by the Economic and Financial Crimes Commission (EFCC) on Monday.

“Operatives of the Economic and Financial Crimes Commission, EFCC, on Monday, May 16, 2022, arrested serving Accountant General of the Federation, Mr. Ahmed Idris in connection with diversion of funds and money laundering activities to the tune of N80 billion( Eighty Billion Naira only),” the agency’s spokesman, Uwujaren’s statement read.

“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.”

He said the funds were laundered via real estate investments in Kano and Abuja. The EFCC spokesman explained that Idris was arrested after failing to honour the commission’s invitations to respond to issues connected to the fraudulent act.

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