The Minister of Finance, Budget and National Planning, Dr. Zainab Ahmed, has suspended the Accountant-General Ahmed Idris from office over his involvement in fraud being investigated by the Economic and Financial Crimes Commission (EFCC).
Recall the anti-corruption commission had arrested Idris in connection with an alleged N80 billion fraud.
EFCC’s spokesman, Wilson Uwajaren, confirmed Idris’s arrest on Monday after he failed to honour the invitations of the operatives.
The anti-graft agency stated that Idris allegedly diverted funds and laundered N80 billion.
The anti-graft agency accused the AGF of laundering the funds through real estate investments in Kano and Abuja.
According to the commission, Idris raked off the funds through bogus consultancies and other illegal activities using proxies, family members and close associates.
“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.
“Mr. Idris was arrested after failing to honour invitations by the EFCC to respond to issues connected to the fraudulent acts,” the statement read in part