The Economic and Financial Crimes Commission (EFCC) on Monday arrested the Accountant-General of the Federation, Ahmed Idris, over alleged mismanagement of N80billion.
“Operatives of the Economic and Financial Crimes Commission, EFCC, on Monday, May 16, 2022 arrested serving Accountant General of the Federation, Mr. Ahmed Idris in connection with diversion of funds and money laundering activities to the tune of N80billion (Eighty Billion Naira) only,” a statement by the agency read.
“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.”
SaharaReporters had in a series of detailed investigations exposed how Idris acquired several properties whose values ran into many billions of naira since he was appointed by President Muhammadu Buhari as the administrative head of the treasury in June 2015.
A visit to Gezawa Commodity Market Limited and Gezawa Integrated Farms Limited owned by Idris lend credence to the allegations made by concerned citizens and some stakeholders on how and where the AGF got the money he used in acquiring the multi-billion naira firms, both in Kano through his direct family members.
The shareholdings of both firms indicate a spread of Idris family members on the official board.
Certified copies of the documents from the Corporate Affairs Commission seen by SaharaReporters showed that the shares for Gezawa Commodity Market Limited are distributed among the family members of the AGF as follows:
(1) Zainab Ahmed Idris: 35,000,000 shares
(2) Shamsiyya Ahmed Idris: 35,000,000 shares
(3) Nabila Mu’azu Abubakar: 35,000, 000 shares
(4) Zuhair Ahmad Idris: 22,500,000
(5) Hussain Ahmad Idris: 22,500,000 shares
(6) Abdulrraham Ahmed Idris: 22,500,000 shares
(7) Khadija Ahmed Idris: 18,500,000 shares
(8) Mua’zu Abubakar lll: 40,000,000 shares
(9) Mohammed Chiroma: 60,000,000 shares
(10) Alh Usman Kansila Yahaya: 60,000,000 shares
(11) Baloni Ibrahim Lawal (representing Silvermark Investment Limited) : 60,000,000 shares
(12) Abubakar Nabila Mua’zu (representing Gezawa Integrated Farms Limited) : 20,000,000 shares.
There have also been questions asked about how the AGF bought “Sokoto Hotel” in Kano with N500million cash.
SaharaReporters gathered that Idris upon acquiring the hotel, ordered its immediate demolition with the intention to build a multi-billion naira shopping mall on the property.
Despite clocking 60 years in 2020, Idris succeeded in pulling different strings in the Presidency to secure an extension of his appointment beyond the legal limit.
