Operatives of Economic and Financial Crimes Commission (EFCC) have detained the immediate past governor of Akwa Ibom state, Udom Emmanuel over alleged N700billion fraud.
The erstwhile Governor was arrested and detained after honouring an invitation of the anti graft agency today to answer charges of money laundering, diversion of funds and stealing preferred against him by Network against Corruption and Trafficking (NCAT).
It was gathered that Deacon Udom Emmanuel arrived the EFCC’s office around 12:30pm.
A source from EFCC who pleaded anonymity comformed the withdrawal of N31billion in cash in one single account. The name of the account is Office of the Governor. The money was withdrawn in cash progressively between 2019 and 2023.
The petitioner alleged that Emmanuel received N3trillion from the Federation Account in eight years but left a debt profile of of N500bn and unpaid ongoing projects worth N300bn. He was also alleged to be unable to account for N700bn.
The EFCC’s investigations are ongoing with Emmanuel being grilled by operatives.
Copyright © EaglesWatchOnline 2023 All rights reserved.
This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without written permission from EaglesWatchOnline.
