(L-R) Ahmed Idris alongside, Godfrey Olusegun Akindele, and Mohammed Usman
HighlightTrending Story

N109bn theft: Ex-AGF, others sent to prison

762

A Federal High Court in the Federal Capital Territory on Friday remanded a former Accountant-General of the Federation, Ahmed Idris, and two others at the Kuje Correctional Centre (prison).

Persecondnews reports that Idris and other defendants — Godfrey Olusegun Akindele, Mohammed Kudu Usman and Gezawa Commodity Market and Exchange Ltd — were arraigned before Justice Adeyemi Ajayi.

They are being prosecuted by the Economic and Financial Crimes Commission (EFCC) on a 14-count charge bordering on stealing and criminal breach of trust amounting to N109. 48 billion.

Ajayi, who gave the order, said the defendants should cool their heels in prison pending the hearing of their bail applications on July 27.

Mr Rotimi Jacobs (SAN) represented the EFCC while Chief Chris Uche (SAN) represented the 1st defendant (Idris).

While they were docked, the EFCC alleged that Ahmed Idris between February and December, 2021 at Abuja, being a public servant by virtue of his position as the AGF accepted from Olusegun Akindele, a gratification in the aggregate sum of N15.1billion which sum was converted to the United States Dollars by the said Olusegun Akindele and which sum did not form part of his lawful remuneration but as a motive for accelerating the payment of 13 per cent derivation to the nine oil producing states through the office of the AGF.

The anti-graft agency also alleged that  Idris while being the Accountant General of the Federation and Godfrey Olusegun Akindele while being the Technical Assistant to the Accountant General of the Federation had between February and November, 2021, at Abuja in the Abuja Judicial Division of the High Court of the Federal Capital Territory, in such capacity, entrusted with certain property, to wit: N84,390,000,000, committed criminal breach of trust in respect of the said property.

It accused them of dishonestly receiving the said sum from the Federal Government of Nigeria through Godfrey Olusegun Akindele trading under the name and style of Olusegun Akindele & Co.”

The offences contravened Sections 155 and 315 of the Penal Code, Laws of the Federation of Nigeria 1990.

Leave a comment

Related Articles

NRC Alleges Oyo Local Govt Chairman of Vandalizing Railway Assets Worth Millions

The Nigerian Railway Corporation (NRC) has condemned the destruction of multi-million naira...

Counter-Terrorism & Strategy: Why U.S. Special Forces Are in Nigeria – Gen. Anderson

To decisively tackle terrorism in West Africa, the United States has dispatched...

Lagos Assembly Orders Halt to Makoko Demolitions Amid Standoff with Gov. Sanwo-Olu

A major rift has emerged between the Lagos State House of Assembly...

Just In: Terrorism & Arms Charges: DSS Arraigns ex-AGF Malami, Son

Former AGF Abubakar Malami and his son, Abdulazeez, have been remanded in...

“No Deal”: Presidential Claimant Fernando Dias Rejects Guinea-Bissau Junta’s Transition Plan

By Paul Ejime Dr Fernando Dias da Costa, who claimed victory in...

UK Prosecutors Reveal Diezani Spent £140k on Luxury Furniture in One-Day Shopping Spree

As the trial of former Nigerian Petroleum Minister Diezani Alison-Madueke continues in...

“Democracy Forbids It”: Falana Argues Against Court-Martial for Soldiers in Alleged Coup

Mr. Femi Falana (SAN), prominent human rights lawyer, has argued that military...

“I Can Account for My Wealth”: Malami Petitions Court to Vacate Forfeiture Order

Former Attorney General of the Federation and Minister of Justice, Abubakar Malami...

Bonga FPSO Shutdown for Maintenance, Nigeria’s Oil Output to be Affected

Shell Nigeria Exploration and Production Company (SNEPCo) has announced the shutdown of...

Traders Count Losses as Fresh Fire Ravages Kano’s Singa Market

Barely two months after a crippling fire outbreak, Singa Market in Kano...

Tragedy in Abuja: Rising Music Star Ifunanya Dies After Snake Bite

A bright light in Nigeria’s music scene has been extinguished. Ifunanya Nwangene,...

Ademola Lookman Set to Join Atlético Madrid in €40m Deal

Nigerian forward Ademola Lookman is poised to join Atlético Madrid in a...

Ogun Gov. Abiodun to Unveil State-Owned DisCo, New World Bank-Power Projects, Mini-grids

Ogun State is gearing up for a major power boost with the...

Kano Secures ₦1trn Rail Project After Governor’s High-Profile Defection to APC

Barely 48 hours after joining the ruling All Progressives Congress (APC), Kano...

Emefiele’s Trial: Ex-CBN Director Admits to $2.5m ‘Gift’ Linked to $6.2m Election Logistics Fund

Bashirudeen Maishanu, a former Deputy Director of Banking Supervision at the Central...

“Selective Payouts”: Dozens of ‘Concerned’ Lawyers Demonstrate at Finance Ministry, Abuja

Lawyers representing the Concerned Lawyers for Probity and Justice protested at the...

Historic Milestone: Sarah Mullally Confirmed As First Female Archbishop of Canterbury

History was formally etched into the foundations of the Church of England...

17 Days to Go: Access Bank Lagos City Marathon Unveils Key Details

With the 2026 Access Bank Lagos City Marathon just 17 days away,...

FG to Recall Military Retirees to Secure High-Risk “Ungoverned Spaces”

The Federal Government has launched a strategic initiative to deploy military veterans...

Boardroom Titan, Business Mogul Otunba Adekunle Ojora Exits

Renowned Lagos patriarch Otunba Adekunle Ojora has died at 93. The Olori...