N80BN FRAUD: 17 PROPERTIES TRACED TO ACCOUNTANT GENERAL

N80bn fraud: EFCC uncovers 17 properties linked to accountant-general

Accountant-General of the Federation, Ahmed Idris

Not less than 17 properties have been traced to the Accountant-General of Nigeria, Ahmed Idris by the Economic and Financial Crimes Commission (EFCC).

The embattled Accountant-General is on suspension and being investigated over fraud-related offences in the range of N80 billion.

The properties traced to Idris are located in Kano, Lagos, Abuja, Dubai and London.

Preliminary investigations showed that the nation’s chief accountant allegedly used proxies to buy some of these properties. The commission would therefore need to invite some of the proxies of the accountant-general.

From all indications, these properties were purchased while Idris was in office and did not declare them before the Code of Conduct Bureau as stipulated by law.

About 17 houses in London, Lagos, Kano, Abuja and Dubai have been traced to him. In Abuja, some of the houses are located in serviced estates.

The EFCC had in a statement on Monday announced the arrest of the accountant-general for fraud to the tune of N80bn.

The statement read in part, “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.”

It was learnt that Idris came under scrutiny last year following allegations that he offered huge sums of money to a family in order to secure the marriage of their 16-year-old daughter.

The uncle of the teenager, Nura Bagudu had said the accountant-general offered properties and gifts to the young lady and her family and had lodged complaints to the Federal Government.

“He told the young lady to go to Abuja and choose any house she wanted and he would buy it for her,”

Also, the accountant-general had in 2021 launched Gezawa Commodity Market and Exchange Limited which he had openly admitted to owning.

Comments

Countries Accepting Nigerians Seeking Second Citizenship

Countries Accepting Nigerians Seeking Second Citizenship Nigerians are able to access the following citizenship and immigration programs: The Caribbean Second Citizenship Programs, Caribbean nations like St. Kitts & Nevis, St. Lucia and Grenada offer second citizenship through their respective Citizenship-by-Investment programs. A holder of one of these passports may travel visa free to about 135 countries, including all European Union countries, the UK, Russia, Turkey, Singapore and Hong Kong. Holding a citizenship from one of these respected countries may also make it easier to obtain residency status or study in other countries, and allows political security and makes it easier to open bank accounts in foreign jurisdictions. To qualify, an applicant needs to be of good reputation and make a government donation of at least $100,000 USD after approval of their citizenship application. Approval of a Citizenship-by-Investment application normally takes about 3 months, a...

EXCLUSIVE BREAST MILK IS THE BEST ONDO FIRST LADY TELLS NURSING MOTHERS AT BREASTFEEDING WEEK CELEBRATION

Government Stresses Importance of Breast milk for Children as Ondo State Celebrates Commencement of World Breastfeeding Week . ....525 nursing mothers breastfeed children. Ondo State on Friday joined the rest of Nigeria and the International Community in the celebration of 2024 World Breastfeeding Week. In a message to the event, held at the International Event Centre, The Dome, in Akure, the First Lady, Mrs. Oluwaseun Aiyedatiwa emphasized the critical importance of initiating breastfeeding within the first hour of birth and maintaining exclusive breastfeeding for the first six months. The wife of the Governor, who was represented by Commissioner for Women Affairs, Mrs. Lola Fagbemi, reiterated that workplaces in the state are being adapted to support nursing mothers, highlighting the state's commitment to providing conducive environments for breastfeeding. She noted that Ondo State places significant priority on maternity leave for nursing ...

INFRASTRUCTURE MINISTRY CELEBRATES PASTOR BABALOLA FOR TRANSFORMATIVE LEADERSHIP

Ministry Celebrates Pastor Babalola for Transformative Leadership The Ministry of Works and Infrastructure has honored Pastor Joseph Ayoade Babalola, the immediate past Special Adviser to the Governor on Infrastructure, Lands, and Housing, for his exceptional leadership, character, and contributions during his tenure. The event, held at the Ministry’s headquarters, was attended by top government officials and staff, who described Pastor Babalola as a visionary leader, a mentor, and a team player who exemplified humility and a strong work ethic. Speaking at the ceremony, the Administrative Secretary of the Ministry, Engineer Akinluyi Omotola, emphasized the need to celebrate Babalola’s legacy, which, according to him, left an indelible mark on the Ministry. “Pastor Babalola brought a new dimension to leadership during his short but impactful tenure. He fostered unity, love, and inclusion, ensuring that no officer was sidelined or marginalized. His humility, openness, and respect fo...

News, Events and People.

Search This Blog