By Editor
Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested former Akwa Ibom State governor, Udom Emmanuel, for alleged ₦700 billion fraud. Emmanuel was invited by the EFCC on Tuesday to answer allegations of money laundering and diversion of funds.
The petitioner, Network against Corruption and Trafficking, alleged that Emmanuel received ₦3 trillion from the Federation Account during his eight-year tenure but left a debt profile of ₦500 billion and unpaid ongoing projects worth ₦300 billion. Emmanuel is also accused of being unable to account for ₦700 billion.
The EFCC’s investigations are ongoing, with Emmanuel being grilled by operatives. The commission’s spokesperson, Dele Oyewale, could not be reached for comment.
Emmanuel served as governor of Akwa Ibom State from 2015 to 2023 under the Peoples Democratic Party (PDP) platform