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

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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FG’s Accountant-General recants, says £4.2m Ibori loot still being awaited

The Accountant-General of the Federation, Ahmed Idris,  yesterday said the £4.2m looted by the former governor of Delta State James Ibori has not been received. This revelation is coming against the background of  Idris’s comments to a committee of the House of Representatives on Tuesday, that the money had been returned to the accounts of the Delta State government. This was clearly a contradiction to an earlier assertion by the Attorney-General of the Federation, (AGF) and Minister of Justice, Abubakar Malami, who said the money would be spent on some…

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Buhari acts within statutory power to re-appoint AGF – Ngige

President Muhammadu Buhari has not contravened any law by reappointing Ahmed Idris, as the Accountant-General of the Federation (AGF), Minister of Labour and Employment, Chris Ngige, has said. Ngige said this on Friday while addressing journalists after a meeting with Buhari at the Presidential Villa, Abuja. Buhari had re-appointed Idris in June 2019 for a second four-year term after reaching the statutory retirement age of 60, a development labour unions have been raising over its legality. But the minister said on Friday that the president only exercised his constitutional powers.…

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