The scope of the Economic and Financial Crimes Commission’s (EFCC) ongoing investigation into the suspended Accountant-General of the Federation, Ahmed Idris, has reached N170 billion.
Idris, who was fighting for bail last night, has revealed information about some top government officials who are allegedly involved in some transactions.
The EFCC has questioned a Permanent Secretary about some “deals in which he was involved.”
The anti-graft agency was also on the trail of a minister implicated in the allegations against the suspended AGF.
The FidelinfoNews learnt that Idris was arrested after he refused the EFCC’s 80 invitations.
According to The Nation correspondent’s investigation, EFCC detectives have made startling discoveries about some transactions in the Office of the Accountant-General of the Federation (OAGF).
Although the AGF was initially accused of alleged N80 billion fraud, investigations have revealed another N90 billion scam.
There were indications that the AGF had made a commitment to the EFCC to return some funds to the government’s coffers.
A reliable source, who spoke in confidence, said: “So far, the EFCC chairman Abdulrasheed Bawa and his team have made substantial progress.
“This is one of the biggest scandals that Bawa’s administration has uncovered.
“Based on preliminary investigation, the suspended AGF now will account for N170billion. Detectives are still digging more into his activities in office.
“Since his arrest on May 16th, he has made useful disclosures including some suspicious accounts and transactions.”
It was gathered that the AGF has also made available a list of government officials having to do with some financial activities in OAGF.
The source added: “As part of his disclosures during the investigation, a Federal Permanent Secretary was invited and interrogated by the EFCC last week.
“The Permanent Secretary is presently on bail and his movement restricted to Abuja. The Permanent Secretary has made a useful statement to investigators.
“A minister was also implicated.
“We have to verify whether or not the links with the minister were real or maybe the suspect was just desperate to rope in others.”
The source gave insight into why Idris was trailed to Kano to effect his arrest.
“From records, the suspended AGF was invited by the commission about 80 times but for reasons best known to him, he shunned EFCC’s request for interaction. He was just evasive.
“He was later trailed to Kano where he was picked up on May 16. He was still in custody as of yesterday but he has been offered bail.
“He needs to fulfil the conditions for bail and he has been battling to do so on Sunday.”
In a statement on May 16, the Head of Media and Publicity of EFCC, Wilson Uwujaren, said the arrest of Idris followed his alleged refusal to honour the invitation.
The statement said: “Operatives of the EFCC, on May 16, 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 only.
“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.
“Idris was arrested after failing to honour invitations by the EFCC to respond to issues connected to the fraudulent acts.”
Alleged Fraud: Trial Of Suspended Accountant General, Ahmed Idris Stalled
The trial of the suspended Accountant General of the Federation, Ahmed Idris, has been stalled following an application for adjournment by his legal team.
At the resumed trial before Justice Adeniyi Ajayi of the FCT High Court on Wednesday, counsel to Idris, Gordy Uche, told the court that he needed more time to interact with his client following the meeting his client had with the Economic and Financial Crimes Commission (EFCC) the previous day based on the invitation of the anti-graft agency.
The defence team accused the EFCC of contempt, stating that the commission lacks the right to continue investigations since the matter is already in court but counsel for the commission, Rotimi Jacobs refuted Uche’s claims
He said that the suspended accountant general of the federation is the one that approached the commission for settlement.
After listening to all the parties in the matter, Justice Ajayi adjourned to October 4 and 5, 2022 for the continuation of the trial.
The suspended accountant general and his co-defendants had pleaded not guilty to 14 counts bothering on stealing and criminal breach of trust to the tune of N109.5 billion against them
BREAKING: Police Arraigns Notorious Osun Cultist, Oko-Ilu To Court On Nine Counts
Hammed Rasheed, 29, also known as Oko-Ilu, a wanted cultist in Osun State has been charged to court.
On Wednesday, Oko-Ilu was hauled before Chief Magistrate Olufemi Ayilara of the Osogbo Magistrate Court by the police.
The alleged member of a cult was charged with nine counts that included murder, the illegal killing of two people, disturbing the peace, cultism, and other offenses.
He was charged with the death of Hassan Adedeji, one Idowu (A.K.A Delta) and the shooting of one Inspector Gbenga Eke.
The charge sheet brought to court by the Police Prosecutor, Inspector Elisha Olusegun was not read in the court as the Magistrate did not take Oko-Ilu’s plea.
The Magistrate, Ayilara remanded him in Ilesa prison and adjourned the case till October 7.
The Chief Magistrate further ordered that the duplicate case file should be forwarded to the Department of Public Prosecution (DPP) for legal advice.
Recall that Oko-Ilu who is accused of terrorising Ede community and its environment was arrested in Osogbo in the wee hours of Saturday.
He was arrested in an operation conducted by Police in collaboration with men of the Oodua People’s Congress (OPC).
Rasheed, a welder by vocation, was being trailed by the security agents for allegedly causing the death of many people in Ede community.
BREAKING: N109.4bn Fraud: Court Makes U-turn, Revokes Bail Granted For Ex-AGF Idris, Orders Remand In Kuje Prison
A High Court of the Federal Capital Territory, FCT, sitting at Maitama, on Tuesday, revoked the bail it earlier granted to Mohammed Usman, who is the 3rd Defendant in the 14-count money laundering charge the Economic and Financial Crimes Commission, EFCC, preferred against the former Accountant-General of the Federation, AGF, Ahmed Idris.
EFCC alleged that Usman who was the Director of the Federation Account, and one Godfrey Olusegun Akindele, in connivance with the erstwhile AGF, diverted public funds to the tune of about N109.4bn, using the account of a company, Gezawa Commodity Market & Exchange Limited, which is the 3rd defendant in the matter.
At the resumed proceedings on Tuesday, trial Justice Adeyemi Ajayi revoked the 3rd defendant’s bail following his failure to arrive at the court room on time.
Usman was absent when the trial Judge entered the courtroom around 9:20am, though his lawyer, Ibrahim Ishaku, SAN, notified the court that he was held up in a gridlock.
Dissatisfied with the excuse, Justice Ajayi revoked the Defendant’s bail and ordered hís remand at the Kuje prison.
It will be recalled that the court had on July 28,granted the former AGF bail in the sum of N5bn with two sureties which it stressed must be a Director and a Permanent Secretary.
The court equally granted the 2nd and 3rd defendants bail in the sum of N2bn each with two sureties that must be Directors.
Justice Ajayi said she was inclined to adopt all the terms and conditions of the administrative bail the EFCC previously gave to the defendants.
As part of conditions, the defendants were barred from travelling out of Abuja, even as they were ordered to surrender their international passports and undertake not to procure alternate passports during the pendency of the case.
The defendants were equally ordered to depose to an affidavit of assurance to abide by all their bail conditions.
The first prosecution witness, PW-1, Mr. Hayatudeen Ahmed had in his testimony before the court, narrated how the defendants allegedly pilfered about N84.7billion out of $2.2bn that was meant for nine oil producing states.
The witness, who is an investigative officer, said the ex-AGF was arrested, following the outcome of an investigation into a petition that was lodged against him by the Federal Treasury Concerned Staff Association.
He told the court that investigation revealed that the defendants had after the Federal Account Allocation Committee, FAAC, approved $2.2bn for the nine oil producing states, surreptitiously diverted N84.7bn out of it under the guise that it was for the settlement of consultants.
He told the court that a company that was floated by the 2nd defendant, Akindele, who was a technical assistant to the former AGF, was approved as the sole consultant for the deal.
According to the witness, the defendants, sequentially withdrew funds from the Escrow account of FAAC and shared among themselves and other persons that included a former governor of Zamfara State, Abdulaziz Yari and a former deputy governor of Abia state, Chuks Akomas.
He told the court that his team of investigators uncovered that the former AGF used his own share of the loot to purchase properties like the Gezawa Commodity & Exchange Market Ltd, Gezawa Integrated Farms Ltd and Kano City Mall, some of which he said were acquired in the name of his family members.
Led in evidence by EFCC lawyer, Mr. Rotimi Jacobs, SAN, the PW-1, said his team had in the course of the investigation, interrogated several persons, including a Kano-based Bureau-de-Change, BDC, operator, Beta. I. Kurah, who he said admitted that he received over N1.3bn from the former AGF, all in cash and in US dollars.
He said the BDC operator equally revealed that he made several payments, including the sum of N208m, into the account of Gezawa Commodity & Exchange Market Ltd, in Jaiz bank.
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