By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: N109bn Fraud: EFCC to Arraigns ex-Accountant General, Ahmed Idris, others
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
NewsTop stories

N109bn Fraud: EFCC to Arraigns ex-Accountant General, Ahmed Idris, others

Adamu Abubakar
By Adamu Abubakar
Published: July 22, 2022
Share
3 Min Read
SHARE
The Economic and Financial Crimes Commission, EFCC, will today, Friday, July 22, 2022, arraign a former Accountant General of the Federation, Ahmed Idris and three others on charges of stealing and criminal breach of trust to the tune of N109.4 billion.
Mr Idris is to be arraigned alongside three others: Godfrey Olusegun Akindele, Mohammed Kudu Usman and Gezawa Commodity Market and Exchange Limited.
A statement released by the spokesperson for the EFCC, Mr Wilson Uwujaren revealed that Count one of the charge reads, “That you, 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”.
Count eight reads, “That you, Ahmed Idris while being the Accountant General of the Federation and Godfrey Olusegun Akindele while being  the Technical Assistant to the Accountant General of the Federation between February and November, 2021, at Abuja in the Abuja Judicial Division of the High Court of the Federal Capital Territory, in such capacity, entrusted with certain property, to wit: N84,390,000,000(Eighty-Four Billion, Three Hundred and Ninety Million Naira) committed criminal breach of trust in respect of the said property, when you dishonestly  received the said sum from the Federal Government of Nigeria through Godfrey Olusegun Akindele trading under the name and style of Olusegun Akindele & Co., and you thereby committed an offence punishable under Section 315 of the Penal Code Act Cap 532 Laws of the Federation of Nigeria 1990”
Okay.ng recalls that operatives of the EFCC had on May 16, 2022 arrested the former AGF in connection with diversion of funds and money laundering activities to the tune of N80bn.

The funds were laundered through real estate investments in Kano and Abuja. Mr. Idris was arrested after failing to honour invitations by the EFCC to respond to issues connected to the fraudulent acts.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:Accountant-General of the FederationAhmed IdrisEFCC
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
Previous Article P-Square (Peter & Paul Okoye) P-Square brothers return with two new songs, ‘Jaiye (Ihe Geme)’ & ‘Find Somebody’
Next Article ASUU Strike: We have the right to protest – NLC replies Lai Mohammed

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Exchange Rate

Okay.ng Logo
Buy Rate ₦1,605.00
Sell Rate ₦1,620.00

Last updated: 3 weeks ago (June 3, 2025 2:33 pm)

Displayed rates are for informational purposes only and are subject to change.

USD/NGN Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Federal Revenue Agencies to Undergo Restructuring as President Tinubu Enacts Major Tax Reform Legislation
News Top stories
BREAKING: President Tinubu Endorses Four Major Tax Reform Bills
News Top stories
Lagos State Government
Lagos State Government Refutes Peter Obi’s Allegation of Property Demolition, Orders Probe
News
Oyo State Governor Seyi Makinde Renames Polytechnic Ibadan in Honour of Late Dr. Omololu Olunloyo
News
BREAKING: President Tinubu Withholds Assent to NDLEA Bill Over Proceeds Clause
News
- Advertisement -
Ad imageAd image

You May Also Like

News

BREAKING: High Court in Lafia Sentences Timileyin Ajayi to Death for Killing Corps Member

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 26, 2025
PoliticsTop stories

Barau Jibrin Pledges Unwavering Support for President Tinubu on 2027 Election Decisions

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 26, 2025
News

Ogun State Chief Judge Urges Lawyers to Prioritize Human Rights Over Tradition

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 26, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?