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EFCC arrests ex-Akwa Ibom Gov Emmanuel for alleged ₦700 billion fraud

The FrontierThe FrontierMarch 4, 2025 3330 Minutes read0

•Former Governor Udom Emmanuel

Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested a former governor of Akwa Ibom State, Udom Emmanuel, for alleged N700 billion Fraud.

Emmanuel was arrested after he honoured an invitation of the EFCC today to answer allegations of money laundering and diversion of funds preferred against him by the Network against Corruption and Trafficking, reports Channels TV.

The petitioner alleged that Emmanuel received N3 trillion from the Federation Account in eight years but left a debt profile of N500 billion and unpaid ongoing projects worth N300 billion. He was also alleged to be unable to account for N700 billion.

 

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