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REVEALED : Multi-billion Naira Kano properties that landed suspended AGF in trouble



 REVEALED Multi billion Naira Kano properties that landed suspended AGF in trouble

Almost a week after operatives of the Economic and Financial Crimes Commission (EFCC) nabbed the embattled Accountant-General of the Federation, Ahmed Idris, for allegedly diverting N80bn from the country’s coffer, tongues are still wagging, with many Nigerians expressing shock over the startling revelation of the anti-graft body.

The anti-graft agency’s operatives had on Monday picked up Idris while on his way to Kano after he had failed to honour several invitations extended to him.

As of Friday, the top government official was still with the crack detectives of the commission answering various questions bordering on money laundering and diversion of public funds. The commission alleged that Idris had laundered the money through landed property acquired in various places.

Findings revealed that the embattled public servant acquired not less than 5 properties in the ancient city of Kano. Others were reported scattered in Lagos, Abuja, Dubai and London.

One of the property allegedly belonging to Idris include the famous Al-Ikhlas Supermarket situated at Daneji in Kano city, which was being expanded through acquisition of adjoining houses.

READ ALSO :Farooq Kperogi : AGF Ahmed Idris’ “blasphemy” against ASUU and Nigeria

It was reliably gathered that Idris has bought different property within the ancient city, where he is already converting some of them to private schools and hospitals.

A resident of Daneji, who spoke to our correspondent anonymously, said when it comes to buying lands, Idris usually offers a higher price than the prevailing market price, making him the preferred buyer.

Further findings also revealed that the suspended AGF has different houses at Gandu quarters worth millions of Naira.

In the same vein, his multi-million naira houses at Ladanai GRA, also in Kano, have also generated curiosity and raised questions on the legality of the AGF’s income as well as his spending spree.

Apart from other property acquired in different areas, checks by our correspondent also revealed that one of the properties being used by his venture, Gezawa Commodity and Exchange Market, located in Gezawa Local Government Area of the State, was valued at N4.5bn.

The market was granted operational license to commence operation in 2021 by the Nigeria Security and Exchange Commission (SEC).

A visit to the market showed that the market was designed in three phases on an eight hectare land for the first phase. It was observed that the first phase has already been completed as business had since commenced.

Idris had at a time disclosed that the land on which the commodity exchange market was situated, is family land he inherited and further acquired other lands within the area to develop the market.

It was initially believed that the venture is a private sector-led initiative, the first of its kind in Nigeria. The market is said to be the largest commercial one-stop hub for both domestic and export markets for international standard agro commodities in Nigeria integrated with a trading platform.

In 2020, when he received members of Kano Concern Citizens Initiative in his office, the suspended official said he nurtured the idea of developing the market since 2014 in order to develop agricultural enterprises and other businesses in the state.

“This is the largest commercial one-stop hub, it is a strategy to actualize the goal of self-reliance, economic diversification and development of this country,” he had described the investment.



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