FRAUD: Akpabio in EFCC net

FRAUD: Akpabio in EFCC net

By Segun Ayobami

A former Governor of Akwa Ibom State and incumbent Senate Minority Leader, Godswill Akpabio, was on Friday arrested by the Economic and Financial Crimes Commission, EFCC. Mr. Akpabio was taken in by EFCC operatives at about 5.20 pm.

He was said to have been accompanied a few aides and a Senior Advocate of Nigeria, SAN, Ricky Tarfa.

An aide to the former governor, who cannot be named because he is not authorised to speak on the matter told PREMIUM TIMES that Mr. Akpabio is currently being interrogated by top officials of the EFCC.

An EFCC source confirmed the development.
“He was brought in at about 5.20 pm accompanied by a few aides and Mr. Rickey Tarfa,” the source said.

“It is not yet known whether he will be allowed to go this night. It depends on how the interrogation goes.”

The spokesperson for the EFCC, Wilson Uwujaren, did not answer or return calls seeking comment for this story.

The EFCC had begun investigation into alleged theft of N108.1billion of Akwa Ibom funds by the former governor in June.

The action followed a petition forwarded to the commission by an Abuja-based lawyer and activist, Leo Ekpenyong.

Mr. Ekpenyong had on June 8 petitioned President Muhammadu Buhari and the EFCC, calling for Mr. Akpabio’s probe and accusing him of looting Akwa Ibom state treasury.

On his part, Mr. Ekpenyong was summoned on Wednesday, June 17, to adopt his petition and provide more details to some of the allegations he made against Mr. Akpabio.

At the time he vacated office on May 29, the state received more, excluding other revenues like Ecological Funds, internally generated revenue etc.

In a new petition to the EFCC dated June 22, and copied to Mr. Buhari and the Inspector General of Police, Solomon Arase, Mr. Ekpenyong gave details of some of Mr.

Akpabio’s alleged financial recklessness.

He alleged that between January and December 2014, the ex-governor colluded with two of his top aides to steal a whopping N108.1 billion from the state’s treasury.

Mr. Ekpenyong told the EFCC that the former Government House Permanent Secretary, Etekamba Umoren, and the former Accountant General of the state, Udo Isobara, colluded with Mr. Akpabio to steal the funds.

“Between January –December 2014, it is on record that the trio of Godswill Akpabio, Mr. Etekamba Umoren and Mr. Udo Isobara, made illegal but substantial withdrawals of cash from a designated state government-owned account with Zenith Bank with account number: 1010375881 amounting to N22.1 billion,” he stated in the petition.

“It is worthy of note that reasons for such ungodly cash withdrawals against financial regulations and due process laws range between sundry use and unjustifiable expenditures by Godswill Akpabio and his numerous surrogates and proxies.

“For example, a whopping N18 billion was withdrawn fraudulently from the state FAAC account with the United Bank for Africa in trenches of N10 million and above by Mr. Isobara in a surreptitious manner to conceal their dishonest intention.”

For assisting Mr. Akpabio retire billions of the stolen funds, Mr. Ekpenyong said Mr. Umoren was rewarded with an appointment as Government House chief of staff and now secretary to the state government under Udom Emmanuel’s administration.

The legal practitioner went on to state that over N50 billion of Akwa Ibom funds were spent by the former governor during the last general elections.

During the period under review, he said Mr. Akpabio also withdrew a whopping N18 billion from the state coffers under the guise of special services, reception of very important guests and sundry items.

“The cumulative aggregate of these monies stolen by Godswill Akpabio from the coffers of government as pocket money is the annual budget of some states in Nigeria put together,” the petition reads.

He listed the bouquet of assets acquired by the former governor through surrogates to include a multi-billion naira mansion at Plot 5 Okogosi Spring Close, off Katsina-Ala Crescent, Maitama-Abuja, a multi-billion naira mansionette at Plot 28 Colorado Close, Maitama, Abuja and another multi-billion naira mansion at 22 Probyn Road, Ikoyi, Lagos.

Others include a multi-billion naira mansionette at Plot 23 Olusegun Aina Street, Parkview, Lagos and a multi-billion naira 25 storey building at Akin Adesola Street, Victoria Island, Lagos.

“As earlier promised, more details of assets and graft-related funds illegally and fraudulently siphoned from Akwa Ibom State treasury and laundered to foreign destinations are in the offing. As usual, we will do the needful.

An EFCC source said senior officials of the commission held discussions with Mr. Ekpenyong on the petition on Tuesday.

“He also adopted the petition he forwarded to the commission and provided additional details about the alleged stealing of funds by the former governor. (PT)

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