An undisclosed official of the Economic and Financial Crimes Commission (EFCC) reported that Nigeria’s anti-graft agency has linked several properties in London, Dubai, Lagos and Abuja to the Accountant-General of the Federation, Ahmed Idris in the commission’s custody.

Driving the news 
More damning is the fact that the missing funds acquired by the Accountant-General of the Federation exceed the N80 billion as stated by the EFCC. 

What the source said 
Speaking of how the AGF accumulated the wealth, the source said, “He used proxies to buy some of these properties and we will be engaging the proxies shortly, as we will not leave any stone untouched.”

In case you missed it

  • The Economic and Financial Crimes Commission (EFCC) on Monday arrested Nigeria’s Accountant General of the Federation, Mr. Ahmed Idris, for allegedly diverting funds amounting to N80 billion.
  • The allegations leveled against the AGF are diversion of funds through consultancies, family members and close associates and money laundering through real estate investments. 

What you should know 

  • Nigeria’s President Muhammadu Buhari appointed Mr Ahmed Idris in 2015 when the President came into power. President Buhari stuck with the AGF when he gained reelection in 2019.
  • Mr. Ahmed Idris, a native of Kano State, North-west Nigeria, is a certified member of professional bodies in Nigeria, including Chartered Institute of Taxation of Nigeria, the Certified Institute of Cost Management of Nigeria, etc. 

The anti-graft agency has in related news arrested the former Managing Director of the Niger Delta Development Commission (NDDC), Nsima Ekere over an alleged N47 billion frauds.

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