Rule of Law

‘N109bn fraud’: EFCC to arraign Idris, suspended accountant-general, on Friday

The Economic and Financial Crimes Commission (EFCC) says Ahmed Idris, the suspended accountant-general of the federation, will be arraigned on Friday.

In May, TheCable had reported how Idris was arrested in Kano after he failed to respond to invitations by the commission to answer questions over the allegation of N80 billion fraud.

Two days later, Idris was suspended indefinitely “without pay” by Zainab Ahmed, the minister of finance, budget and national planning.

According to a statement issued on Thursday by Wilson Uwujaren, spokesman of the agency, Idris is expected to be arraigned alongside “Godfrey Olusegun Akindele and Mohammed Kudu Usman”, while a firm — Gezawa Commodity Market and Exchange Limited — is also listed in the charge.

The EFCC said Idris and his co-defendants are indicted on a 14-count charge of stealing and criminal breach of trust to the tune of N109.5 billion.

According to one of the charges, the EFCC alleged that Idris received gratification from one Olusegun Akindele, worth N15.1 billion, in exchange for “accelerating the payment of 13% derivation to the nine oil-producing states in the federation”.

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