The Accountant General of the Federation, Mr Ahmed Idris, was on Monday arrested by the Economic and Financial Crimes Commission (EFCC) over alleged diversion of funds and money laundering to the tune of N80 billion.
The AGF, it was learnt, had raked off the funds through bogus consultancies and other illegal activities using proxies, family members and close associates.
The funds were allegedly laundered through real estate investments in Kano and Abuja.
Idris’ arrest followed his failure to honour several invitations from the EFCC.
At the time of filing this report the AGF has not been released.
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