N109bn fraud: EFCC to arraign ex-Accountant General, 3 others on Friday

N109bn fraud: EFCC to arraign ex-Accountant General, 3 others on Friday

By Monday Ijeh, Abuja.

 

The Economic and Financial Crimes Commission, (EFCC) says it will on Friday, arraign the former Accountant General of the Federation (AGF), Mr Ahmed Idris

 

Mr Wilson Uwujaren, the Head of Media and Publicity of EFCC, said this in a statement on Thursday in Abuja

Uwujaren said that the former AGF and the three others would be arraigned before Justice Adeyemi Ajayi of an FCT High Court.

 

He said that the three others to be docked alongside the AGF over N109 billion fraud were Godfrey Akindele, Mohammed Usman and Gezawa Commodity Market and Exchange Limited.

 

According to him, the suspects will be arraigned on a 14-count charge, including criminal breach and stealing of funds totalling N109, 485,572,691.9.

 

Recall that the former AGF was arrested on May 16 by the EFCC over alleged diversion and laundering of N109 billion.

 

The EFCC said that verified intelligence reports showed that Idris raked off the funds through bogus consultancies and other illegal activities using proxies, family members and close associates.

 

The commission said that the funds were laundered via real estate investments in Kano and Abuja.

 

It said Idris was arrested after he failed to honour invitations by the commission to respond to issues relating to the alleged fraud.

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