EFCC releases AGF, Ahmed Idris, suspended over N80bn fraud

The suspended Accountant-General of the Federation, Mr Ahmed Idris, has been released on bail by the Economic and Financial Crimes Commission (EFCC).

RELIABLESOURCENG.COM reports that Idris was arrested on May 16, 2022 by the EFCC over alleged diversion and laundering of N80 billion.

Mr Wilson Uwujaren, the Head of Media and Public Affairs of the EFCC, told the News Agency of Nigeria on Thursday in Abuja, that Idris was released after meeting his bail conditions.

“I actually do not have idea of what the bail conditions are but all I can tell you is that he has been released after meeting his bail conditions,” he said.

READ: N80bn Fraud: FG suspends Accountant-General of the Federation Ahmed Idris

The EFCC said verified intelligence reports showed that Idris raked off the funds through bogus consultancies and other illegal activities using proxies, family members and close associates.

The commission said the funds were laundered through real estate investments in Kano and Abuja.

It said Idris was arrested after he failed to honour invitations by the commission to respond to issues connected to the alleged fraudulent acts.