EFCC Re-arrests Suspect Over N500m Land Fraud

Economic and Financial Crimes Commission (EFCC), has re-arrested one Stephen Akpa over alleged N500 million land fraud.

Akpa, the chief executive of Zoe New Dawn Nigeria Limited was first arrested by the commission on December 2, 2022 at his office in the Idu axis of Abuja.

This follows a petition alleging that he obtained the sum of N500 million under false pretence.

EFCC in a statement signed by its spokesman Wilson Uwujaren said the suspect was to be arraigned on a five-count charge when he jumped the administrative bail offered by the commission.

“All efforts to apprehend him proved futile until August 9, 2023 when he was re-arrested,” Uwujaren stated.

He is expected to appear in court at the conclusion of the investigation.

Meanwhile, some of his victims are calling on EFCC to ensure diligent prosecution to serve as deterrent to intending offenders.