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Finance Minister Suspends Accountant General Over N80bn Scandal

A file photo combination of the Finance Minister Zainab Ahmed and Accountant General of the Federation Ahmed Idris.

 

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.

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”.

READ ALSO: EFCC Arrests Accountant-General Over N80bn 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.

Emmanuel Egobiambu

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