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Home EFCC

EFCC  Arrests Former Akwa Ibom Governor, Udom Emmanuel for Alleged N700billion Fraud

Admin by Admin
March 4, 2025
in EFCC
Reading Time: 1 min read
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By Nkechi Eze

Operatives of the Corporate Headquarters of the Economic and Financial Crimes Commission,  EFCC,  have arrested a former governor of Akwa Ibom state,  Udom Emmanuel for alleged N700billion Fraud.

Emmanuel  waa arrested after honouring an invitation of the EFCC on Tuesday to answer charges of money laundering,  diversion of funds and stealing preferred against him by Network against Corruption and Trafficking,  NCAT.  

He arrived the EFCC’s office around 12:30pm.  

The Commission’s investigations have uncovered 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  The money was withdrawn in cash progressively between 2019 and 2023.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. 

EFCC’s Spokesperson,  Dele Oyewale,  could not be reached when contacted.

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