Nigeria’s treasury chief arrested over multibillion-rand fraud

The pinnacle of Nigeria’s treasury has been arrested for alleged involvement in fraud and cash laundering price 80 billion naira (~R3.19 billion), the nationwide anti-graft company mentioned.

Ahmed Idris, Nigeria’s accountant-general, was arrested on Monday “after failing to honour invites” to reply to the allegations, it mentioned.

The Financial and Monetary Crimes Fee (EFCC) mentioned Idris “raked off the funds by way of bogus consultancies and different unlawful actions utilizing proxies, relations and shut associates”.

The proceeds have been invested by Idris in actual property within the capital Abuja and in his dwelling state of Kano in northern Nigeria, it mentioned in a press release issued late Monday.

Idris has not commented on the accusations.

President Muhammadu Buhari got here to energy in 2015 on a pledge to finish endemic graft.

Underneath his watch, the EFCC has secured a string of high-profile convictions, together with ministers, state governors, senior public servants and outstanding political figures.

Final yr, the company mentioned it had recovered 750 million {dollars} (714 million euros) that had been plundered from the nation’s coffers.

The federal government has been accused of concentrating on the opposition in its anti-corruption drive, an allegation it denies.

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