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    MarketForces Africa » MarketForces News » N109bn Fraud: EFCC to Arraign former AGF on Friday

    N109bn Fraud: EFCC to Arraign former AGF on Friday

    Marketforces AfricaBy Marketforces AfricaJuly 21, 2022Updated:July 21, 2022 News No Comments2 Mins Read
    N109bn Fraud: EFCC to Arraign former AGF on Friday
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    N109bn Fraud: EFCC to Arraign former AGF on Friday

    The Economic and Financial Crimes Commission, (EFCC) says it will on Friday, arraign the former Accountant General of the Federation (AGF), Mr Ahmed Idris Mr Wilson Uwujaren, the Head of Media and Publicity of the EFCC said this in a statement on Thursday, in Abuja

    Uwujaren said the former AGF and the three others would be arraigned before Justice Adeyemi Ajayi of an FCT High Court.

    He said the three others to be docked alongside the AGF over N109 billion fraud were Godfrey Akindele, Mohammed Usman and Gezawa Commodity Market and Exchange Limited.

    According to him, the suspects will be arraigned on a 14-count charge of stealing and criminal breach of trust to the tune of N109, 485,572,691.9.

    Recalls that the former AGF was arrested on May 16, by the EFCC over alleged diversion and laundering of N109 billion. READ: EFCC Launches App to Ease Financial Crimes Reporting

    The EFCC said verified intelligence reports showed that Idris raked off the funds through bogus consultancies and other illegal activities using proxies, family members and close associates.

    The commission said the funds were laundered through real estate investments in Kano and Abuja. It said Idris was arrested after he failed to honour invitations by the commission to respond to issues connected to the alleged fraudulent acts. # N109bn Fraud: EFCC to Arraign former AGF on Friday

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