According to the Economic and Financial Crimes Commission, Ahmed Idris, the temporarily suspended Accountant-General of the Federation (AGF), paid a bribe of N15 billion to expedite the transfer of 13 percent derivation monies to oil-producing states (EFCC).
A benefit-sharing method that assists communities in receiving cash for development is the 13 percent derivation fund.
Former Accountant General Friday Yari is still being held while EFCC releases suspended AGF Idris for the N109 billion scam.
According to Nigeria's constitution, section 162, sub-section 2, the fund is made up of federation money that is distributed to oil-producing areas by the state governments.
According to reports, in 2021 the 13 percent derivation formula was used to distribute N450.60 billion across the nine oil-producing states of Nigeria.
They include Akwa Ibom, Delta, Bayelsa, Rivers, Edo, Ondo, Imo, Lagos, and Abia.
The EFCC claims that Idris collected a reward totaling N15,136,221,921.46 from Olusegun Akindele in exchange for speeding the payment of the states' 13 percent derivation.
Between February and November 2021, Akindele worked as a technical assistant to the federation's accountant general.
Idris is scheduled to make a court appearance on Friday, July 22, 2022 before Justice A.O. Adeyemi Ajayi of the Federal Capital Territory High Court in Abuja.
On a 14-count charge of theft and criminal breach of trust amounting to N109,485,572,691.9, he will be docked with Akindele, Mohammed Kudu Usman, and Gezawa Commodity Market and Exchange Limited.
One of the allegations reads, "That you, Ahmed Idris between February and December 2021 at Abuja in the Abuja Judicial Division of the High Court of the Federal Capital Territory, being a public servant by virtue of your position as the Accountant General of the Federation, accepted from Olusegun Akindele, a gratification in the aggregate sum of N15,136,221,921.46 (Fifteen Billion, One Hundred and Thirty Six Million, Two Hundred and Twenty
Source: Dailytrust