Ex-Akwa Ibom Gov Udom Emmanuel remains in EFCC detention over N700bn fraud

Ex-Akwa Ibom Gov Udom Emmanuel remains in EFCC detention over N700bn fraud

 

The Economic and Financial Crimes Commission (EFCC) has detained a former governor of Akwa Ibom State, Emmanuel Udom, over an alleged N700 billion fraud.

Udom, who served as governor between 2015 and 2023, arrived at the EFCC’s corporate headquarters in Abuja around 12:20pm on Tuesday following an invitation from the anti-graft agency.

He was arrested and detained after arriving at the EFCC office.

Newstrends learnt that the former governor was grilled over allegations of money laundering, diversion of funds, and stealing.

This was said to have followed a petition by a civil society organisation, the Network Against Corruption and Trafficking.

The group alleged that Udom received N3 trillion from the Federation Account for over eight years but left behind a debt profile of N500 billion and unpaid N300 billion for ongoing projects.

He was also accused of being unable to account for N700 billion.

It was revealed that investigations uncovered the withdrawal of N31 billion in cash from a single account named “Office of the Governor.”

The transactions were said to have occurred between 2019 and 2023.