Connect with us

Metro

Breaking: EFCC arrests Nigeria’s Accountant General, Ahmed Idris over N80 billion fraud

Published

on

Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC) has arrested the country’s Accountant General, Ahmed Idris over alleged money laundering and diversion of public funds.

Mr. Idris was reportedly intercepted in Kano by operatives of the EFCC on Monday evening and will be flown to Abuja, Nigeria’s capital, for interrogation.

The agency confirmed the arrest on its Twitter page.

The EFCC said Idris was arrested “…in connection with diversion of funds and money laundering activities to the tune of N80billion (Eighty Billion Naira) 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. Mr. Idris was arrested after failing to honour invitations by the EFCC to respond to issues connected to the fraudulent acts.” The tweet ends.

 Idris was first appointed in June 2015 by President Muhammadu Buhari and reappointed as Accountant General in 2019 for the second term of 4 years.

Erradicating bureaucratic corruption was one of the supposed main agendas of President Muhhamadu Buhari coming to power but not much has been achieved in the fight. Observers have noted that the fight against corruption is basically against politicians or officials with opposition leaning. It is also believed in some quarters that the fight is mainly centered on persons outside the president’s tribe.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Metro

Death toll from Cyclone Chido in Mozambique hits 94

Published

on

he death toll from the Cyclone Chido which stuck Mozambique last week has risen to 94 with hundreds still missing.

According to the country’s National Institute of Risk and Disaster Management (INGD), the
powerful storm which made a landfall last week, also injured 768 people and affected over 622,000, leaving a trail of destruction across northern provinces.

The Cyclone hit Mozambique on December 15 with winds reaching 260 km/h (160 mph) and 250 mm of rainfall within the first 24 hours, first striking the Cabo Delgado province before moving inland to Niassa and Nampula, regions frequently battered by cyclones.

A report from the INGD said the Indian Ocean archipelago, Mayotte, bore the brunt of the storm.

Officials in Mayotte, which is one of France’s poorest overseas territories, said they have only been able to confirm 35 fatalities from Chido, but some have said they fear thousands could have been killed.

“The cyclone severely impacted Mozambique’s already fragile education and health sectors,” a report by the United Nations said on Monday.

“Over 109,000 students were affected as schools sustained significant damage, while 52 healthcare units were left inoperable, cutting off access to essential medical services in areas already underserved.

“The same Cyclone Chido had first wreaked havoc in the French Indian Ocean territory of Mayotte, before moving on to Mozambique, Malawi and Zimbabwe.

“While Mayotte experienced its worst storm in 90 years, Mozambique continues to face a compounding crisis driven by climate change,” the report added.

Continue Reading

Metro

Nigeria on the right path despite hardship, criticism— President Tinubu

Published

on

Nigerian President, Bola Ahmed Tinubu, has insisted that the country is moving in the right direction despite the criticism of his economic policies by political opponents and the hardship being experienced by citizens.

Tinubu, who made the assertion during his maiden presidential media chat on Monday in Lagos, reiterated that though his reforms and policies may not be popular at the moment, they were all aimed at placing the country on the path to economic recovery.

The President, who also spoke on the 2025 national budget proposal of N49.7 trillion, christened ‘restoration of hope’, also called for understanding and cooperation from Nigerians amid the prevailing economic realities.

“Nigeria is moving forward regardless of critics. This is a budget of restoration of hope, and Nigeria is on the path of recovery. We can’t finish the job in one calendar year,” Tinubu declared.

The Nigerian leader who also gave reasons for removing subsides on fuel as well as the controversial tax reforms he initiated, said he has no regret whatsoever in removing the fuel subsidy.

Tinubu stated that removing petrol subsidy was in a bid to save generations to come, noting that the country was already spending its future while giving freebies to neighbouring countries.

He also insisted that there is no going back on the tax reforms bills despite dissenting voices from different sections of the country.

Tinubu noted that the tax reforms were necessitated by the need to eliminate colonial-based assumptions in the nation’s tax environment.

The President stressed that the tax reform he has proposed was pro-poor and aimed at widening the tax net, noting that it was typical for tax reforms to be accompanied by outcries.

“Tax reform is here to say. We cannot just continue to do what we were doing yesteryears in today’s economy.

“We cannot retool this economy with the old broken tools. The essence of the tax reform is to eliminate colonial-based assumptions in our tax environment. Every tax situation without outcry is not a tax.

“You cannot satisfy uniformly the larger community of tax evaders. This tax reform is pro-poor; the vulnerable are not to pay taxes. All we are asking for is to widen the tax net and bake the cake larger so that we can share a larger meal.

“They will still ask for this consultation no matter how long I delay it. The hallmark of a good leader is the ability to do what you have to do at the time it has to be done. That is my philosophy,” President Tinubu said.

Continue Reading

EDITOR’S PICK

Musings From Abroad10 hours ago

World Bank doubts Ethiopia-IMF debt assessment

Some officials of the World Bank have questioned if the study supporting Ethiopia’s debt restructuring may be “faulty” after criticising...

Metro14 hours ago

Death toll from Cyclone Chido in Mozambique hits 94

he death toll from the Cyclone Chido which stuck Mozambique last week has risen to 94 with hundreds still missing....

Tech14 hours ago

Facebook returns to Uganda after 4-year ban

After four years of being in the cooler as a result of suspension by government, Facebook, now Meta, is making...

Metro15 hours ago

Nigeria on the right path despite hardship, criticism— President Tinubu

Nigerian President, Bola Ahmed Tinubu, has insisted that the country is moving in the right direction despite the criticism of...

Metro1 day ago

Zambian NGO decries persistent corruption, says governance in 2024 marked by mixed fortunes

A Non-Governmental Organization in Zambia, the Gender Organizations Coordinating Council (NGOCC), has decried what it described as persistent corruption in...

Sports1 day ago

Sad day for African football as promising Kenyan star passes on

he African football fraternity was thrown into mourning following the untimely demise of promising Kenyan striker, Ezekiel Otuoma, who died...

Metro2 days ago

Nigeria: Police dismiss Amnesty Intl’s report on killing of protesters, demand apology

The Nigeria Police has rejected a report by Amnesty International that accused the force of killing protesters during the #Endbadgovernance...

Sports2 days ago

Coach of Mamelodi Sundowns female team suspended over sexual harassment allegations

The head coach of Mamelodi Sundowns women’s team, Jerry Tshabalala, has been suspended indefinitely amid allegations of sexual harassment of...

Culture2 days ago

Ghana’s Afua Asantewaa begins second GWR sing-a-thon attempt

Ghanaian singer, Afua Asantewaa, on Saturday, began her second attempt at breaking the Guinness World Record (GWR) for the longest...

Tech2 days ago

20 African tech-preneurs embark on Korean innovation tour

The African Development Bank Group’s Innovation and Entrepreneurship Lab has selected 20 promising tech entrepreneurs from various African technology ventures...

Trending