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Home Featured

Exposed; EFCC Reveals How AGF Launders Money Through Real Estate Investement In Abuja, Kano

by NationalInsight
May 17, 2022
in Featured, News
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Accountant General of the Federation, Mr. Ahmed Idris was on nonday arrested by the operatives of the Economic Financial Crimes Commission EFCC.

Idris’s arrest was connection with diversion of funds and money laundering activities to the tune of N80billion (Eighty Billion Naira) only.

EFCC in a statement issued by the Media and Publicity department said 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.

The funds were laundered through real estate investments in Kano and Abuja.

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Mr. Idris was arrested after failing to honour invitations by the EFCC to respond to issues connected to the fraudulent acts.

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