Recall that Zainab Ahmed, the Minister of Finance, Budget, and National Planning, suspended Mr. Ahmed Idris, the Accountant-General of the Federation.
On Monday, the Economic and Financial Crimes Commission (EFCC) arrested the accountant-general of the Federation over alleged N80 billion fraud.
According to the EFCC, the accountant-general of the federation laundered the money through bogus consultancies, real estate, proxies, family members and close associates.
It was also gathered that the nation’s chief accountant came under the EFCC’s watchlist last year following allegations that he offered huge sums of money to a family just to marry their 16-year-old daughter.
A source within the anti-graft agency spoke about the development as he revealed that they had uncovered about 17 assets in Kano, Lagos, Abuja, Dubai, and London belonging to Mr. Ahmed.
The source, who pleaded anonymity, revealed that Nigeria’s chief accountant used proxies to buy some of these assets. He added that the EFCC would still need to probe those proxies.
The EFCC’s detective disclosed that all indications showed that Mr. Ahmed purchased those assets while he was still in office but he concealed them from the Code of Conduct Bureau as the constitution required.
