Ahmed Idris, the Accountant General of the Federation, has been suspended indefinitely.
Idris was suspended by the Minister of Finance, budget and National Planning, Zainab Ahmed, on Wednesday.
His suspension followed his indictment for fraud worth N80 billion by the Economic and Financial Crimes Commission, EFCC.
EFCC’s spokesman, Wilson Uwajaren, had confirmed Idris’s arrest on Monday.
He was arrested after he failed to honour invitations by the EFCC.
The anti-graft agency stated that Idris allegedly diverted funds and laundered N80billion.
In another development, the Economic and Financial Crimes Commission also arrested former speaker of the House of Representatives, Patricia Etteh over alleged involvement in a solar power electrification scam in Akwa Ibom State.