The Economic and Financial Crimes Commission, EFCC, have arrested the Accountant General of the Federation, Ahmed Idris over alleged diversion of funds and money laundering activities to the tune of eighty billion naira.

According to the commission, intelligence showed that Idris raked off the funds through bogus consultancies and other illegal activities using proxies, family members and close associates.

The funds were reportedly laundered through real estate investments in Kano and Abuja.

Idris was said to have been arrested in Kano after failing to honor invitations by the EFCC to respond to issues connected to the fraudulent acts.