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    N80bn Fraud: Finance Minister suspends Accountant General, Ahmed Idris

    David GreatBy David GreatMay 19, 2022No Comments2 Mins Read
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    Accountant General of the Federation, Ahmed Idris
    Former Accountant General of the Federation, Ahmed Idris
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    Nigeria’s Finance Minister, Mrs Zainab Shamsuna Ahmed has suspended the Accountant General of the Federation, Ahmed Idris, after he was arrested for fraud.

    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”.

    The Finance Minister noted that the suspension of the Accountant General is “to allow for proper and unhindered investigation into the serious allegations” against him, in line with Public Service Rules. Suspension takes effect May 18, 2022.”

    Chronicle NG reported that Economic and Financial Crimes Commission (EFCC) on Monday arrested the Accountant General of the Federation, Ahmed Idris.

    • EFCC arrests Accountant General, Ahmed Idris, over N80bn fraud

    The EFCC in a statement by Wilson Uwujaren, EFCC spokesman said, “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 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.

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    The ADC has expressed worry over an alleged attempt to arrest its Rauf Aregbesola, ahead of Saturday's governorship election in Osun State.

    ADC raises fears over plan to arrest Aregbesola

    August 12, 2026
    A solar eclipse has begun in the UK and parts of Europe, with the moon slowly moving over the face of the sun.

    Solar eclipse begins across UK, Europe

    August 12, 2026
    Cristiano Ronaldo and Lionel Messi have been the leading stars of their generation

    Ronaldo consoles Messi following father’s death

    August 12, 2026
    NDPC launches investigation into UNILAG, Lotus Bank and Hackerbella over alleged students’ data misuse

    UNILAG, Lotus Bank face NDPC probe over alleged data misuse

    August 12, 2026
    The police has summoned Senator Francis Fadahunsi over a threat he made against Accord Party members ahead of the state's election.

    Fadahunsi arrives police headquarters over death threat remarks

    August 12, 2026
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