EFCC Quizzes Ex-Akwa Ibom Gov Emmanuel Over Alleged N700bn Fraud
The Economic and Financial Crimes Commission (EFCC) has interrogated Udom Emmanuel, the immediate-past governor of Akwa Ibom State, in connection with an alleged N700 billion fraud.
LEADERSHIP’s investigation revealed that Emmanuel’s questioning stemmed from a petition accusing him of involvement in money laundering, fund diversion, and corruption. The former governor was detained by the anti-graft agency after responding to an invitation to address these allegations, which were made by the anti-corruption group, Network Against Corruption and Trafficking (NACAT).
The petition detailed concerns over a series of suspicious financial transactions, including the withdrawal of N31 billion from an account labeled “Office of the Governor.” The withdrawals reportedly took place progressively between 2019 and 2023, prompting concerns about potential misuse and misappropriation of state funds.
The EFCC is currently conducting an investigation to ascertain the full scope of the alleged fraudulent activities. If the allegations are substantiated, those responsible may face legal consequences. The ongoing inquiry underscores the commission’s commitment to holding public officials accountable for their financial conduct.
