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Nigeria’s financial crimes company mentioned on Monday evening it had arrested the nation’s accountant common over prices of diverting public funds and cash laundering to the tune of 80 billion naira ($193 million).
Africa’s greatest economic system and power producer, Nigeria has struggled for many years with endemic corruption amongst senior public servants and the political elite, who many Nigerians blame for widespread poverty within the nation.
The Financial and Monetary Crimes Fee (EFCC) mentioned in a press release it had invited Ahmed Idris, the executive head of the nationwide treasury, on a number of events to reply questions on the costs however he had did not current himself.
Idris couldn’t be reached on his cell phone for remark.
The EFCC mentioned Idris used “proxies, members of the family and shut associates” in offers and schemes to defraud the federal government and invested the proceeds in actual property within the nation’s capital Abuja and his dwelling state of Kano in northern Nigeria.
The company has previously efficiently prosecuted a former head of police and former state governors amongst a number of excessive rating authorities officers and politicians.
Earlier this yr, the federal government mentioned EFCC recovered at the least $750 million in native and international forex linked to corruption and fraud in 2021.
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