EFCC Arrests Ex-Akwa Ibom Governor Udom Emmanuel Over N700 Billion Fraud Allegations

EFCC Arrests Ex-Akwa Ibom Governor Udom Emmanuel Over N700 Billion Fraud Allegations

Ghazali Ibrahim

Former Akwa Ibom State Governor Udom Emmanuel has been arrested by the Economic and Financial Crimes Commission (EFCC) over allegations of misappropriating N700 billion during his tenure.

He was taken into custody after arriving at the EFCC headquarters in Abuja around 12:30 p.m. on Tuesday in response to an invitation.

The allegations against Emmanuel stem from a petition filed by the Network Against Corruption and Trafficking (NCAT), a civil society organization.

According to the petition, Akwa Ibom State received N3 trillion from the Federation Account during Emmanuel’s eight-year tenure, but he allegedly left behind a debt profile of N500 billion and unpaid ongoing projects valued at N300 billion.

Emmanuel is also accused of failing to account for N700 billion in state funds. The EFCC has not issued an official statement regarding the arrest, but sources indicate that investigations are ongoing.

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