JUST IN: Federal Government suspends Accountant-General (AGF), Ahmed Idris, over alleged N80b fraud

The Minister of Finance , Budget and National Planning, Mrs. Zainab Ahmed, has suspended the Accountant-General of the Federation, Mr. Ahmed Idris, over the N80 billion fraud allegation.

Mr. Idris was arrested by the Economic and Financial Crimes Commission (EFCC), in Kano, on Monday.

The Special Adviser to the Minister on Media, Mr. Tanko Abdullahi, confirmed that the AGF was suspended indefinitely, to allow unhindered investigations into the alleged fraud.

The commission alleged that Mr. Idris laundered the money using real estate investments in Kano and Abuja. He fraudulently amassed the money through bogus consultancy contracts, and other illegal activities, using proxies , associates and family members according to the spokesman of the EFCC, Mr. Wilson Uwujaren