₦80 Billion Fraud: Accountant-General Has Been Doing More Than Accounting

May 17, 2022

The task of an Accountant-General of the Federation (AGF) is pretty straightforward. Whoever sits in that chair is the administrative head of the treasury of the Federal Republic of Nigeria. 

This person is responsible for ensuring revenue monitoring and accounting. The AGF also gets to investigate cases of fraud and loss of funds that concerns Nigeria’s treasury.

It’s a pretty sweet gig, and it’s so boring that many Nigerians won’t even know your name or your face as long as you don’t get up to any extra-curricular activities. But not everyone is Ahmed Idris.

Ahmed Idris has questions to answer before the EFCC

This guy

EFCC’s 80 billion question

The Economic and Financial Crimes Commission (EFCC) arrested Idris in Kano on May 16th 2022. The agency picked up the official in connection with the alleged diversion of funds and money laundering activities amounting to ₦80 billion.

Ahmed Idris has questions to answer before the EFCC

ALSO READ: Tramadol Heist: Abba Kyari Has Done It Again!

The anti-graft agency said the AGF acquired the funds through bogus consultancies and other illegal activities. For his almost-perfect crime, he allegedly used proxies like family members and close associates to play hide-and-seek with the law. In the EFCC’s words, “The funds were laundered through real estate investments in Kano and Abuja.”

When the EFCC honourably invited Idris to answer some pretty interesting questions about his activities, he aired the agency. 

The EFCC took that disrespect personally and decided to arrest him in Kano from where he was transported to Abuja to answer those questions. We imagine the interrogation will start like this:

Who is this Idris guy?

President Muhammadu Buhari appointed Ahmed Idris as the AGF in June 2015. He replaced Jonah Otunla who retired from the civil service while facing allegations of doing some disappearance magic with over ₦2 billion.

Otunla is also currently answering EFCC’s corruption questions in court

Idris is no stranger to controversy. The president kept him in the job despite passing the mandatory retirement age of 60. The Socio-Economic Rights and Accountability Project (SERAP) blamed him for failing in his job to prevent the disappearance of ₦106 billion discovered to be missing from the budgets of ministries, departments, and agencies (MDAs) in 2018.

The AGF has also faced accusations in the past of acquiring several properties worth billions of naira without a clear source for the funds. His latest shave with the law means he may soon be rubbing shoulders with his predecessor in Abuja courts soon.

Ahmed Idris has questions to answer before the EFCC

ALSO READ: Nigeria’s Abortion Laws Haven’t Changed Since 1960. Here’s the Timeline

Join The Conversation

Bring a friend.

You'll like this

September 17, 2020

A short poem: Roses are red Lagos traffic can leave you dead Nigeria will always “fight” corruption But we need more action! Gist: The Federal Government has approved a bill for the management of assets recovered from corruption. If this bill is signed into law, the “Proceeds of Crime Recovery and Management Act” will create […]

May 4, 2021

What Is #Greenfielduniversity about? On April 20, 2020, 22 students and one staff member of Greenfield University, Kaduna state, were kidnapped by unidentified bandits, in what has been a recent spike in cases of abduction and killings in the country. On April 23, three days after this incident, three of those students were killed, with […]

Watch

Now on Zikoko

July 3, 2022

In this letter #ToHER, Tumi writes to one of her closest friends, Tolu. Tolu japa’d to America, and although she read this letter before travelling, Tumi wants everyone to know how special their friendship has been for her.

Recommended Quizzes

December 5, 2019

We already tried to guess how much you have in your account and your current net worth, and we think we did a pretty great job (keep any complaints to yourself). Now, we’re going to try and guess your monthly salary based on your relationship with money. Oya, take the quiz: 11 Timed Quizzes For […]

October 30, 2019

2010 was a game-changing one for Nollywood, with our movies making serious cash and getting international acclaim. So, which of these hits released between 2010 and 2019 — from the pace-setting The Wedding Party to the divisive Trip To Jamaica — best suits your personality? Well, that’s what this quiz is here to answer:

April 3, 2020

While the rest of the world loves to treat our continent like a country, there are actually 54 African countries. So, in a bid to test your knowledge (and educate you), we’ve created a quiz to see how many of their capitals you can correctly name. Go ahead:

April 1, 2020

Everyone has a Nigerian bank that matches their personality. You could either be as likeable as GTB, as efficient as Access or as mature as First Bank. Either way, all you have to do is take this quiz and we’ll let you know with almost 100% certainty. So, go ahead:

November 15, 2019

There are two types of people in Nigeria right now: those who are proud Marlians, and those who are still in denial about stanning the divisive star. So, for those who proudly wear the Marlian tag, we made a quiz to test how well you really know Naira Marley. If you get more than 6 […]

how much of an ajebutter
February 12, 2020

Are you an ajebutter or not? Well, if you’ve gone through life blissfully unaware of its harshness, then you probably are. Now, we want to know just how high you rank on that ajebutter scale, using your food preferences as a (very accurate) measure. Take to find out:

More from Citizen

Watch

Trending Videos

Zikoko Originals

December 14, 2020
What happens when a group of chatty young Nigerians talk about things they're passionate about? You get Nigerians talk. A show that discusses very familiar struggles for the average Nigerian. From relationship deal breakers to sex education with Nigerian parents to leaving Nigeria, be prepared for a ride.
November 2, 2020
'The Couch' is a Zikoko series featuring real life stories from anonymous people.
October 26, 2020
A collection of videos documenting some of the events of the EndSARS protests.
June 22, 2020
'The Couch' is a Zikoko series featuring real life stories from anonymous people.
June 22, 2020
Hacked is an interesting new series by Zikoko made up of fictional but hilarious chat conversations.
June 4, 2020
What happens when a group of chatty young Nigerians talk about things they're passionate about? You get Nigerians talk. A show that discusses very familiar struggles for the average Nigerian. From relationship deal breakers to sex education with Nigerian parents to leaving Nigeria, be prepared for a ride.
June 2, 2020
Quickie is a video series where everyone featured gets only one minute to rant, review or do absolutely anything.
May 14, 2020
Isolation Diary is a Zikoko series that showcases what isolation is like for one young Nigerian working from home due to the Coronavirus pandemic.
March 12, 2020
Life is already hard. Deciding where to eat and get the best lifestyle experiences, isn't something you should stress about. Let VRSUS do that for you.

Z! Stacks

Here's a rabbit hole of stories to lose yourself in:

Zikoko amplifies African youth culture by curating and creating smart and joyful content for young Africans and the world.
X