Ahmed Idris, the suspended Accountant-General of the Federation (AGF) has been remanded in Kuje prison by a High Court sitting in Abuja, over his alleged involvement in the illegal diversion of public funds to the tune of about N109 billion.
Recall that the Economic and Financial Crimes Commission (EFCC) arraigned Idris on a 14-count charge bordering on conspiracy, criminal breach of trust and money laundering.
The anti-graft agency which alleged that Idris and his co-defendants were indicted on a 14-count charge of stealing and criminal breach of trust to the tune of N109.5 billion, further revealed that the former AGF allegedly received gratification from one Olusegun Akindele, worth N15.1 billion, in exchange for accelerating the payment of 13% derivation to the nine oil-producing states in the federation.
~ Phoenix