Alleged N109bn fraud: EFCC arraigns ex-AGF Idris Friday

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Photo: Ex-AGF Ahmed Idris

The Economic and Financial Crimes Commission (EFCC) says it is set to arraign the immediate past Accountant-General of the Federation (AGF), Ahmed Idris before a Federal Capital Territory (FCT) High Court in Abuja for alleged financial fraud of N109 billion on Friday.

Wilson Uwujaren, EFCC’s Head of Media and Publicity, who made this known in a statement on Thursday in Abuja, said Idris would be arraigned alongside three other suspects over the alleged crime.

He listed the other suspects to include Godfrey Akindele, Mohammed Usman and Gezawa Commodity Market and Exchange Limited.

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Uwujaren added that the quartet would be arraigned before Justice Adeyemi Ajayi on a 14-count charge bordering on stealing and criminal breach of trust to the tune of N109,485,572,691.9. billion.

The ex-AGF, who was arrested by the EFCC on May 16, is alleged to have diverted the funds to personal use through bogus consultancies and other illegal activities using proxies, family members and close associates.

The funds were allegedly laundered through real estate investments in Kano and Abuja.

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