The Economic and Financial Crimes Commission has arrested the Accountant-General of the Federation, Mr. Ahmed Idris, in connection with alleged diversion of funds and money laundering to the tune of N80bn.

The spokesman for the EFCC, Wilson Uwujaren, disclosed this in a statement on Monday titled, ‘EFCC arrests Ahmed Idris, Accountant General of the Federation, for N80bn Fraud’.

According to the commission, Idris was arrested after failing to honour an invitation.

The anti-graft agency added that the accountant-general allegedly laundered the funds through bogus consultancies.

The statement read in part, “Operatives of the EFCC on Monday, May 16, 2022 arrested the serving Accountant General of the Federation, Mr. Ahmed Idris, in connection with diversion of funds and money laundering activities to the tune of N80bn.

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