Finance minister suspends Nigeria’s accountant general over N80b fraud


Accountant General of the Federation, Ahmed Idris

The Minister of Finance Budget and National Planning, Zainab Ahmed, has suspended the Accountant General of the Federation, Ahmed Idris, over an N80 billion scandal.

The suspension was contained in a letter by the minister dated May  18, 2022 in which she explained that the move was necessitated by the need to “allow for proper and unhindered investigation into the serious allegations in line with Public Service Rules 030406”.

According to the minister, during the suspension period, which is without pay, Mr Idris is excommunicate. “You are not “expected to attend to your place of work or contact any official in your office except for any disciplinary hearing that may be advised,” the minister stated.

The suspension is the latest in the N80 billion scandal involving the Accountant General who was arrested by the Economic and Financial Crimes Commission (EFCC) on Monday.

“Operatives of the Economic and Financial Crimes Commission, EFCC, on Monday, May 16, 2022, arrested serving Accountant General of the Federation, Mr. Ahmed Idris, in connection with diversion of funds and money laundering activities to the tune of N80 billion (Eighty Billion Naira only),” the agency’s spokesman, Uwujaren’s statement read.

“The Commission’s verified intelligence showed that the AGF raked off the funds through bogus consultancies and other illegal activities using proxies, family members and close associates.”

He said that the funds were laundered via real estate investments in Kano and Abuja. The EFCC spokesman explained that Idris was arrested after failing to honour the commission’s invitations to respond to issues connected to the fraudulent act.


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