Sunday , 25 May 2025

Ex-Akwa Ibom Governor Udom Emmanuel In EFCC Net Over N700bn Fraud

The Economic and Financial Crimes Commission (EFCC) has picked up the immediate past governor of Akwa Ibom State, Udom Emmanuel, over alleged N700 billion fraud.

Information from the EFCC  indicated that Udom Emmanuel honoured an invitation and arrived the Abuja headquarters of the anti-graft agency at about 2 p.m today, Tuesday, March 4, 2025

The former governor was accused of money laundering, diversion of funds and stealing.

A petition against him was authored by a civil society organisation (CSO), the Network Against Corruption and Trafficking (NCAT).

The petitioners alleged that the Emmanuel administration received federal allocation of about N3 trillion, yet left N500 billion debt profile and outstanding payment of N300 billion on ongoing projects in the state.

They alleged that the former governor is unable to account for N700 billion.

A source explained that EFCC operatives are still grilling the former governor as at 7p.m.

From the look of things  at the EFCC headquarters, the former governor may not be granted bail today.

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