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₦109BN FRAUD: COURT REMANDS SUSPENDED ACCOUNTANT-GENERAL IN PRISON

A Federal Capital Territory (FCT) High Court in Abuja has remanded the suspended Accountant-General of the Federation (AGF), Ahmed Idris, in prison custody over his alleged diversion of public funds to the tune of ₦109.4 billion.

The 14-count charge includes issues of conspiracy, criminal breach of trust, and money laundering.

Idris was remanded alongside three other defendants namely Godfrey Olusegun Akindele, Mohammed Usman, and Gezawa Commodity Market and Exchange Limited.

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Trial Justice A.O. Adeyemi Ajayi who remanded them said they remain in the custody of the Nigerian Correctional Service till Wednesday when their bail applications would be heard.

“Ahmed Idris between February and December 2021 at Abuja in the Abuja Judicial Division of the High Court of the Federal Capital Territory, being a public servant by virtue of your position as the Accountant General of the Federation accepted from Olusegun Akindele, a gratification in the aggregate sum of N15,136,221,921.46 ( Fifteen Billion, One Hundred and Thirty-Six Million, Two Hundred and Twenty One Thousand, Nine Hundred and Twenty One Naira and Forty-Six Kobo) which sum was converted to the United States Dollars by the said Olusegun Akindele and which sum did not form part of your lawful remuneration but as a motive for accelerating the payment of 13% derivation to the nine (9) oil producing States in the Federation, through the office of the Accountant General of the Federation, and you thereby committed an offence contrary to Section 155 of the Penal Code Act Cap 532 Laws of the Federation of Nigeria 1990 and punishable under the same section”, a statement by the EFCC read.

 

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