Tag: Ahmed Idris

EFCC Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested serving Accountant General of the Federation (AGF), Ahmed Idris, in connection with diversion of funds and money laundering activities to the tune of N80 billion. He was arrested yesterday in Kano State and was immediately moved to Abuja last night. EFCC spokesperson, Wilson Uwujaren, confirmed the arrest in a statement. He said the funds were allegedly 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,” Uwujaren said. According to sources, after progress was made in the investigation, Idris was su...

The Federal Government has debunked claims on social media that it plans to increase the Value Added Tax (VAT) and other taxes in its proposed Finance Bill. Minister of Finance, Zainab Ahmed, who issued the disclaimer while defending the Ministry’s budget before the Senate Committee on Finance in Abuja, said the report of an imminent increase in VAT and other taxes in the proposed Finance Bill to be presented to the National Assembly was false. Ahmed said: “There will be no increase in VAT or any form of taxes because we see 2021 as a year of recovery – not only for government but businesses as well.” Earlier, the Account General of the Federation, Ahmed Idris, who was present at the session, complained about poor budgetary allocation to his office. Idris said: “We have 37 offi...

Tag: Ahmed Idris

EFCC Arrests Accountant General, Idris For Alleged N80b Fraud

No Plan to Increase VAT – FG