Tag: Accountant-General of the Federation

Alleged N44.8bn fraud in NSIPA: “OAGF doesn’t make payments on behalf of MDAs” – Acct-Gen. of the Federation disowns Betta Edu

Aminu Imam

The Accountant-General of the Federation (AGoF), Dr. Oluwatoyin Madein, has clarified that her office does not make payments on behalf of MDAs for projects and programmes implemented by the MDAs. The AGoF was reacting to media reports concerning a request from the Ministry of Humanitarian Affairs and Poverty Alleviation for payment of grants to vulnerable groups in some States of the Federation. In an issued statement in Abuja, signed by the OaGF’s Director of Press, Bawa Mokwa, Dr. Madein stated that allocations are released to self-accounting MDAs in line with…

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Ex-Acct-General, Jonah Otunla, refunds N6.3bn to avoid prosecution

Aminu Imam

Former Accountant-General of the Federation, Jonah Otunla, has agreed to refund the sum of 6.2 billion naira to the coffers of the Federal Government, in order to avoid being prosecuted for looting the treasury. Otunla was the Accountant-General of the Federation between 2011 and 2015. According to reports, he refunded the sum of N6, 392, 000, 000. Details of the deal begin that led to the refund of the amount was contained in a document he filed in court to back up the suits he instituted against the Economic and Financial…

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Alleged N109bn Fraud: Suspended AGF, Ahmed Idris, seeks plea bargain – EFCC

Aminu Imam

The Economic and Financial Crimes Commission, (EFCC), has hinted to Justice Adeyemi Ajayi, of the High Court sitting in Abuja, that the suspended Accountant-General of the Federation (AGF), Ahmed Idris, and his co-defendants have reached out to the Commission for a plea bargain to avoid trial. This was revealed by the prosecution counsel, Rotimi Jacobs (SAN), at the resumed hearing before the High Court, in Maitama, FCT. Idris and the other defendants are being prosecuted by the Federal Government over the allegation of frittering the sum of N109.4 billion belonging…

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Alleged N109bn Fraud: Suspended AGF, Ahmed Idris, seeks plea bargain – EFCC

Aminu Imam

The Economic and Financial Crimes Commission (EFCC) yesterday hinted Justice Adeyemi Ajayi, of the High Court sitting in Abuja, that the suspended Accountant-General of the Federation (AGF), Ahmed Idris, and his co-defendants have reached out to the Commission for a plea bargain to avoid trial. Idris and the other defendants are being prosecuted by the Federal Government over allegation of frittering the sum of N109.4 billion belonging to the Federal Government. This was revealed by the prosecution counsel, Rotimi Jacobs (SAN), at the resumed hearing before the High Court, in…

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Alleged N109.5bn fraud: Court admits suspended AGF, others to bail

Aminu Imam

An FCT High Court yesterday granted the suspended Accountant-General of the Federation (AGF), Ahmed Idris and his co-defendants bail on terms and conditions given by the Economic and Financial Crimes Commission, (EFCC). Justice Adeyemi Ajayi, in her ruling, ordered that the defendants shall not leave the Federal Capital Territory without permission of the court and threatened to revoke the bail of any of them who fail to appear for trial. The court also stated that the defendants shall sign an undertaken that they will abide by the bail conditions by…

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Just In! FG removes Acting Accountant-General, Anamekwe, from office

Aminu Imam

The acting Accountant-General of the Federation (AGF), Chukwuyere Anamekwe, has been removed from office. It was gathered that he was replaced two weeks ago with Sylva Okolieaboh, a former Director at the Treasury Single Account (TSA) department. An insider told newsmen on Monday that Okolieaboh’s appointment followed an “in-house reshuffle exercise”. A few weeks ago, reports emerged that Anamekwe was “under the radar of Economic and Financial Crimes Commission (EFCC) over corruption allegations”. Recall that in May, Anamekwe was appointed amid a probe into allegations of N80 billion fraud linked…

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Ex-Governor Yari arrested over Accountant-General’s N80 billion probe

Aminu Imam

The Economic and Financial Crimes Commission, (EFCC), has arrested former Zamfara State governor, AbdulAziz Yari, in connection with the agency’s ongoing investigation of the suspended Accountant-General of the Federation, (AGF), Ahmed Idris. The embattled AGF, Idris, who is under criminal investigation, has been in the EFCC custody since May 16, facing investigators over allegations of corruption to the tune of N80 billion. Yari was reportedly arrested yesterday at his residence in Abuja days after he won the ruling All Progressives Congress, (APC)’s ticket for Zamfara-West senatorial election holding next year.…

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Alleged N80bn Fraud: Accountant-General suspended indefinitely

Aminu Imam

The Accountant General of the Federation, Ahmed Idris, has been suspended indefinitely. Idris was suspended by the Minister of Finance, Budget and National Planning, Zainab Ahmed, yesterday. His suspension followed his indictment for fraud worth N80 billion by the Economic and Financial Crimes Commission, (EFCC). EFCC’s spokesman, Wilson Uwujaren, had confirmed Idris’s arrest on Monday. He was arrested after he failed to honour invitations by the EFCC. The anti-graft agency stated that Idris allegedly diverted funds and laundered N80 billion. In another development, the EFCC also arrested former speaker of…

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How ASUU uncovered multi-billion naira market, other properties owned by AGF Idris in 2020

Aminu Imam

The Accountant-General of the Federation, (AGF), Ahmed Idris, who was arrested by the Economic and Financial Crimes Commission (EFCC) on Monday over N80bn fraud, was in 2020 busted by the Academic Staff Union of Universities, (ASUU), for allegedly owning properties with billions of naira in Bauchi. The ASUU’s Bauchi zone coordinator, Prof. Lawan Abubakar, had in a statement, sought the AGF’s explanation on how he bought Sokoto Hotel, in Kano, for the sum of N500 million and ordered for its immediate demolition to build a multi-billion naira shopping mall. The…

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N80bn Money Laundering: EFCC nabs Accountant-General of the Federation, Ahmed Idris

Aminu Imam

Nigeria’s Accountant-General, Ahmed Idris, has reportedly been arrested over alleged money laundering and diversion of public funds. Those familiar with the development said Idris was intercepted in Kano by operatives of the Economic and Financial Crimes Commission, (EFCC), yesterday evening and was flown to Abuja, the nation’s capital, for interrogation. According to sources, the EFCC has for some time now been investigating a case of diversion of at least N80 billion in public funds which were allegedly laundered through some bogus contracts. The companies used in laundering the funds have…

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