Just In - Barely 1 Week After Being Remanded for N109bn Fraud, Court Grants Ex-AGF Bail

• A federal high court sitting in Abuja has granted bail to the embattling former Accountant General of the Federation
• The bail came barely a week after he was ordered to be remanded in Kuje prison over a fraud allegation of N109 billion
• Justice Adeyemi Ajayi, who presided over the case, adopted all the terms and conditions of the administrative bail of the EFCC given to the former AGF and his co-defendants

Maitama, Abuja - An Abuja high court in Maitama granted bail to the former Accountant-General of the Federation (AGF), Ahmed Idris, on Thursday, July 28.

The Punch reported that the bail came almost a week after the same court remanded the former AGF in prison.

Court remands ex-AGF, 2 others in prison

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Last Friday, the same high court ordered Idris and his co-defendants to be remanded in Kuje correctional facility until their bail applications would be heard.

The order was given when the ex-AGF was first arraigned by the Economic and Financial Crimes Commission (EFCC).

Other defendants in the case included Godfrey Olusegun Akindele, Mohammed Kudu Usman and Gazewa Commodity Market and Exchange Ltd.

EFCC arraigns ex-AGF for N109bn fraud

The defendants were charged with a 14-count charge of stealing and a criminal breach of trust to N109,485,572,691.9.

But Justice Adeyemi Ajayi, on Thursday, adopted all terms and conditions of the administrative bail of the EFCC earlier, given the former AGF and his 2 co-defendants.

“The Defendants are still entitled to bail, irrespective of the enormity of the allegations against them,” Justice Ajayi said.

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Alleged N109bn Fraud: Court makes major decision on Ex-AGF

Ex-AGF Ahmed Idris implicates top officials as EFCC discovers another N90bn

An earlier report by legit.ng revealed that the investigation into the fraud allegation against the suspended Accountant-General of the Federation, Ahmed Idris, recently took a new dimension.

According to a preliminary investigation by the Economic and Financial Crimes Commission (EFCC), some of the new facts were uncovered.

However, the EFCC has denied the embattled Ahmed Idris bail as the investigation will continue with some of his associates on the watch list.

Source: Legit.ng