Operatives of di Economic and Financial Crimes Commission (EFCC) don arrest former Akwa Ibom State governor, Udom Emmanuel, for alleged ₦700 billion fraud.
Dem arrest Emmanuel after e answer EFCC invite on Tuesday to respond to di allegations of money laundering and fund diversion wey Network against Corruption and Trafficking carry go EFCC.
Di petitioner talk say Emmanuel collect ₦3 trillion from di Federation Account for eight years, but e still leave debt of ₦500bn plus unpaid projects wey worth ₦300bn. Dem still allege say e no fit account for ₦700bn.
EFCC still dey investigate di matter as dem dey question Emmanuel. Efforts to reach EFCC spokesperson, Dele Oyewale, no work.
Emmanuel serve as Akwa Ibom State governor from 2015 to 2023 under di Peoples Democratic Party (PDP).
Last Friday, EFCC still carry former Abia State governor, Theodore Orji, and four others go Abia State High Court for allegedly misusing about ₦47bn.
Apart from Orji, di other four people wey dem arraign na im son, Engineer Chinedum Orji; former Commissioner of Finance for Abia State, Dr. Philip Nto; government contractor, Obioma King; and former Director of Finance for Abia State, Romas Madu.
Dem carry dem go meet di Chief Judge, Justice Lilian Abai, on top 16-count charge wey involve conspiracy to thief and convert billions of naira wey dem suppose use for government programmes.
Specifically, dem allege say dem mismanage ₦22.5bn wey dem allocate for security votes between 2011 and 2015, thief ₦13bn from loan wey Diamond Bank give, and convert ₦12bn from di Paris Club refund.
Dem still accuse dem say dem move ₦10.5bn from First Bank loan wey dem suppose use for Abia State government and local councils, plus another ₦2bn from Central Bank of Nigeria funds wey dem earmark for small and medium businesses.
All five defendants plead not guilty to di charges, and di court grant dem bail. Di trial go continue for June 18 and 19, 2025.
