The Economic and Financial Crimes Commission (EFCC) has quizzed immediate-past Akwa Ibom State governor, Udom Emmanuel over alleged N700 billion fraud.
LEADERSHIP findings showed that Emmanuel’s detention followed a petition alleging his involvement in money laundering, fund diversion, and corruption.
Emmanuel was detained after honouring the invitation by the anti-graft agency to respond to allegations made against him by an anti-corruption organisation.
LEADERSHIP had reported that the group, Network Against Corruption and Trafficking (NACAT), had petitioned the EFCC to investigate the alleged fraud sometimes ago.
Investigations allegedly revealed disturbing findings, including the withdrawal of N31 billion in cash from a single account labeled “Office of the Governor,” with additional cash withdrawals occurring progressively between 2019 and 2023.
These alleged transactions raised concerns regarding potential misappropriation of state funds.
The EFCC’s ongoing investigation seeks to uncover the full extent of the alleged fraudulent activities and hold those responsible accountable.
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