Economic and Financial Crimes Commission (EFCC) has granted the suspended Accountant General of the Federation (AGF), Mr. Ahmed Idris, bail and hence released from its custody.
The Head of Media and Public Affairs of the commission, Mr. Wilson Uwujaren, confirmed the new development to the News Agency of Nigeria (NAN) on Thursday in Abuja.
Uwujaren said Idris was released after meeting his bail conditions.
He said: “I actually do not have an idea of what the bail conditions are but all I can tell you is that he has been released after meeting his bail conditions.”
The former AGF was arrested on May 16, by the EFCC over alleged diversion and laundering of N80 billion.
The EFCC said verified intelligence reports showed that Idris raked off the funds through bogus consultancies and other illegal activities using proxies, family members, and close associates.
The commission said the funds were laundered through real estate investments in Kano and Abuja.
Idris was arrested after he failed to honor invitations by the commission to respond to issues connected to the alleged fraudulent acts.
Credit: NAN
