16 December 2022
Economic and Financial Crimes Commission (EFCC)’s Chairman, Abdulrasheed Bawa says probe of the Accountant-General of the Federation (AG-F), Ahmed Idris, over alleged N109 billion money laundering is yielding results.
He said the investigation has led to the recovery of over N30 billion.
Bawa’s revelation came barely four weeks after a High Court of the Federal Capital Territory (FCT) sitting in Maitama heard that Idris had voluntarily returned about $900,000 in cash.
An EFCC official, Hayatudee who was testifying as a witness in the trial of Idris and three others, said the returned cash was part of the N109 billion allegedly diverted under the watch of the suspended AG-F.
Bawa defended the EFCC, saying the anti-graft has the freedom to investigate the suspended AG-F without being teleguided.
Giving details of the recoveries, which covered various proceeds of corrupt practices and were denominated in both local and foreign currencies, Bawa said the funds are to be committed to funding major ongoing infrastructure projects
He listed such projects as the Abuja-Kano Highway, the Second Niger Bridge and the Lagos-Ibadan Expressway, among others.
