Journalism of Courage

Just in: Accountant-General’s probe: EFCC reveals another stolen N90bn

As the the Economic and Financial Crimes Commission (EFCC) continues investigation into the snitching of N80 billion by the suspended Accountant-General of the Federation, Ahmed Idris, another N90 billion scam involving him and other officials has been unearthed, Persecondnews reports.

This brings the total amount to N170 billion, one of the biggest heist in Nigeria’s history.

Idris, it was learnt, had been negotiating bail, but the latest discovery has put it on hold.

A Permanent Secretary in the federal civil service is currently being grilled in connection with some dirty financial deals.

The anti-graft agency is also closing in on a minister who was fingered in the allegations against the suspended AGF.

Persecondnews recalls that Idris was picked up last week by the EFCC  after refusing to honour several invitations.

A dependable source at the commission said: “So far, the EFCC chairman Abdulrasheed Bawa and his team have made substantial progress.

“This is one of the biggest scandals that Bawa’s administration has uncovered.

Based on preliminary investigation, the suspended AGF now will account for N170billion. Detectives are still digging more into his activities in office.

“Since his arrest on May 16th, he has made useful disclosures including some suspicious accounts and transactions.”

On May 16, the Head of Media and Publicity of EFCC, Wilson Uwujaren, said Idris’ followed his alleged refusal to honour their invitation.

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 funds were laundered through real estate investments in Kano and Abuja.

“Idris was arrested after failing to honour invitations by the EFCC to respond to issues connected to the fraudulent acts,” he had stated.

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