Idris, AGF in EFCC net over N80bn fraud

The Economic and Financial Crimes Commission has arrested the serving Accountant General of the Federation, Ahmed Idris, in connection with the diversion of funds and money laundering activities to the tune of N80bn. The Spokesman for the EFCC, Wilson Uwujaren, said this in a statement on Monday titled, ‘EFCC arrests Ahmed Idris, Accountant General of the Federation, for N80bn Fraud’. According to the commission, Idris was arrested after failing to honour an invitation. The anti-graft agency added that the accountant-general allegedly laundered funds through bogus consultancies. The statement read in…

Read More

NEMA Fraud: Reps threaten Maihaja with warrant of arrest for evading investigative hearing

The House of Representatives Committee on Emergency and Disaster Preparedness has directed the Central Bank of Nigeria (CBN), the office of the Accountant General of the Federation, the Ministry of Finance and other relevant parties to furnish the committee with all transaction details of N5. 6 billion funds released to four companies in relation to the Emergency Food Programme in the North East. The committee made this demand after another investigative session on the alleged breach of trust by National Emergency Management Agency (NEMA) at the National Assembly. According to…

Read More