Operatives of the Economic and Financial Crimes Commission, EFCC, on Monday, arrested serving Accountant General of the Federation, Ahmed Idris in connection with the diversion of funds and money laundering activities to the tune of 80 Billion Naira.
The anti-graft agency announced the arrest on its verified Facebook account.
The funds were laundered through real estate investments in Kano and Abuja.
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.
Mr. Idris was arrested after failing to honour invitations by the EFCC to respond to issues connected to the fraudulent acts.
Similarly, the Economic and Financial Crimes Commission (EFCC), on Tuesday, arrested, quizzed and detained a former Speaker of the House of Representatives, Patricia Etteh.
She was quizzed for allegedly receiving N130 million payment from a contractor handling a solar-powered electrification project in Akwa Ibom State awarded by the Niger Delta Development Commission (NDDC).
The said contract was awarded to a certain Phin Jin Project Limited in 2011 for N240 million, but it was not clear whether the company is registered with Nigeria’s Corporate Affairs Commission (CAC).
One of the investigators explained that weeks after the contractor was paid the mobilization fee for the project, N130 million was transferred to Mrs Etteh who is neither a director nor a shareholder of the company.
“The payment of that huge amount to her is suspicious. She is claiming the contractor repaid a debt due to her but that is doubtful. So her claims are being scrutinized.
“They even overpaid for the contract. Instead of N240 million, they paid N287 million. These are knotty issues she and the contractor need to explain and that are why she is being interrogated by operatives,” He stated:
Those familiar with the matter said Mrs. Etteh, who was Speaker between June 6, 2007, and 30 October 30, 2007, was arrested in Abuja on Tuesday by operatives of the Special Duty Unit of the anti-graft agency.
The EFCC spokesman, Wilson Uwujaren, could not be reached for comments.
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