The Economic and Financial Crimes Commission has arrested a former governor of Akwa Ibom State, Udom Emmanuel over alleged N700 billion fraud.
ENigeria News reports that EFCC detained the former governor who reportedly arrived at the EFCC’s corporate headquarters in Abuja around 12:30 p.m. on Tuesday following an invitation from the anti-graft agency.
According to Punch Mr Udom Emmanuel was arrested after honoring the EFCC’s invitation to answer allegations of money laundering, diversion of funds, and stealing.
Speaking on the arrest a source within the anti graft agency confirmed that “We have arrested the former governor of Akwa Ibom over an alleged N700 billion fraud.
“A civil society organisation called the Network Against Corruption and Trafficking petitioned the EFCC, prompting our investigation,” the source said.
“A civil society organisation called the Network Against Corruption and Trafficking petitioned the EFCC, prompting our investigation,” the source said.
He added, “The petitioner alleged that Emmanuel received N3 trillion from the Federation Account over eight years but left behind a debt profile of N500 billion and unpaid ongoing projects worth N300 billion. He was also alleged to be unable to account for N700 billion.
