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N80b Fraud: EFCC Releases Suspended Accountant General On Bail

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The Economic and Financial Crimes Commission (EFCC) on Thursday confirmed the release of the former Accountant General of the Federation (AGF), Mr Ahmed Idris from its custody.

The Head of Media and Public Affairs of the commission, Mr Wilson Uwujaren, told the News Agency of Nigeria on Thursday in Abuja that Idris was released after meeting his bail conditions.

“I actually do not have idea of what the bail conditions are but all I can tell you is that he has been released after meeting his bail conditions,” he said.

The former AGF was arrested on May 16, by the EFCC over alleged diversion and laundering of N80 billion.

The EFCC said 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 the funds were laundered through 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 connected to the alleged fraudulent acts.

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