former Governor of Akwa Ibom State and incumbent Senate Minority Leader, Godswill Akpabio, was on Friday arrested by the Economic and Financial Crimes Commission, EFCC.
PREMIUM TIMES investigation shows that Mr. Akpabio was taken in by EFCC operatives at about 5.20 pm.
He was said to have been accompanied a few aides and a Senior Advocate of Nigeria, SAN, Ricky Tarfa.
An aide to the former governor, who cannot be named because he is not authorised to speak on the matter told PREMIUM TIMES that Mr. Akpabio is currently being interrogated by top officials of the EFCC.
An EFCC source confirmed the development.
“He was brought in at about 5.20 pm accompanied by a few aides and Mr. Rickey Tarfa,” the source said.
“It is not yet known whether he will be allowed to go this night. It depends on how the interrogation goes.”
The spokesperson for the EFCC, Wilson Uwujaren, did not answer or return calls seeking comment for this story.
The EFCC had begun investigation into alleged theft of N108.1billion of Akwa Ibom funds by the former governor in June.
The action followed a petition forwarded to the commission by an Abuja-based lawyer and activist, Leo Ekpenyong.
Mr. Ekpenyong had on June 8 petitioned President Muhammadu Buhari and the EFCC, calling for Mr. Akpabio’s probe and accusing him of looting Akwa Ibom state treasury.
Investigations by PREMIUM TIMES showed that several other indigenes of the state who are demanding the investigation of the former governor, have been invited by the EFCC to adopt their petitions.
On his part, Mr. Ekpenyong was summoned on Wednesday, June 17, to adopt his petition and provide more details to some of the allegations he made against Mr. Akpabio.
The former governor, now senator, was elected in 2007, at a time the nation enjoyed robust oil revenue.
Akwa Ibom and Rivers States are Nigeria’s largest oil-producing states. The two states alternate as first and second top producers periodically.
The two states receive the highest funds allocation from the Federation Accounts Allocation Committee, FAAC, monthly.
Data from the National Bureau of Statistics and the office of the Accountant General of the Federation indicate that under Mr. Akpabio, known for ostentatious spending, Akwa Ibom received a staggering N1. 6 trillion from FAAC between June 2007 and May 2014.
At the time he vacated office on May 29, the state received more, excluding other revenues like Ecological Funds, internally generated revenue etc.
In a new petition to the EFCC dated June 22, and copied to Mr. Buhari and the Inspector General of Police, Solomon Arase, Mr. Ekpenyong gave details of some of Mr. Akpabio’s alleged financial recklessness.
He alleged that between January and December 2014, the ex-governor colluded with two of his top aides to steal a whopping N108.1 billion from the state’s treasury.
Mr. Ekpenyong told the EFCC that the former Government House Permanent Secretary, Etekamba Umoren, and the former Accountant General of the state, Udo Isobara, colluded with Mr. Akpabio to steal the funds.
“Between January –December 2014, it is on record that the trio of Godswill Akpabio, Mr. Etekamba Umoren and Mr. Udo Isobara, made illegal but substantial withdrawals of cash from a designated state government-owned account with Zenith Bank with account number: 1010375881 amounting to N22.1 billion,” he stated in the petition.
“It is worthy of note that reasons for such ungodly cash withdrawals against financial regulations and due process laws range between sundry use and unjustifiable expenditures by Godswill Akpabio and his numerous surrogates and proxies.
“For example, a whopping N18 billion was withdrawn fraudulently from the state FAAC account with the United Bank for Africa in trenches of N10 million and above by Mr. Isobara in a surreptitious manner to conceal their dishonest intention.”
For assisting Mr. Akpabio retire billions of the stolen funds, Mr. Ekpenyong said Mr. Umoren was rewarded with an appointment as Government House chief of staff and now secretary to the state government under Udom Emmanuel’s administration.
The legal practitioner went on to state that over N50 billion of Akwa Ibom funds were spent by the former governor during the last general elections.
During the period under review, he said Mr. Akpabio also withdrew a whopping N18 billion from the state coffers under the guise of special services, reception of very important guests and sundry items.
“The cumulative aggregate of these monies stolen by Godswill Akpabio from the coffers of government as pocket money is the annual budget of some states in Nigeria put together,” the petition reads.
He listed the bouquet of assets acquired by the former governor through surrogates to include a multi-billion naira mansion at Plot 5 Okogosi Spring Close, off Katsina-Ala Crescent, Maitama-Abuja, a multi-billion naira mansionette at Plot 28 Colorado Close, Maitama, Abuja and another multi-billion naira mansion at 22 Probyn Road, Ikoyi, Lagos.
Others include a multi-billion naira mansionette at Plot 23 Olusegun Aina Street, Parkview, Lagos and a multi-
billion naira 25 storey building at Akin Adesola Street, Victoria Island, Lagos.
“As earlier promised, more details of assets and graft-related funds illegally and fraudulently siphoned from Akwa Ibom State treasury and laundered to foreign destinations are in the offing. As usual, we will do the needful.
An EFCC source said senior officials of the commission held discussions with Mr. Ekpenyong on the petition on Tuesday.
“He also adopted the petition he forwarded to the commission and provided additional details about the alleged stealing of funds by the former governor,” the source said.
The source noted that many of those who have sent petitions to the commission against the former governor, now senator, have already been invited to adopt their document.
He confirmed that very soon the commission would invite the former governor for questioning.
Allegations, complete falsehood
Mr. Akpabio could not be reached for this story. Messrs Umoren and Isobara could not also be reached for comments.
But the commissioner of information during the administration of Mr. Akpabio, Aniekan Umana, described the contents of the petition by Mr. Ekpenyong as falsehood taken too far.
He said the petition betrayed a lack of understanding of the workings of government.
“Every sum withdrawn from a government account is tied to a subhead and there must be a budgetary provision. To attribute fraud to withdrawals which had the full sanction of Government and was accommodated in the budget is strange, mischievous and untenable. More so, when one understands that there are checks and balances which guide all aspects of government financial administration,” he said.
He also said the allegation that the State Government spent N50 billion on the March General Elections falls flat on its face based on his explanations of the workings of government as regards financial transactions.
“There was no such provision in the budget of this year and such an amount could not have been paid as an extra-budgetary expenditure and yet salaries and other commitments were met. We challenge the petitioners to provide proof to support this wild allegation. Who was it paid to? How was it paid? Where was it paid? And when was it paid?
“Senator Akpabio does not own a 25-storey building in Victoria Island or in any part of the world, as alleged by the petitioner. It is also a patent falsehood that the house at 22 Probyn Road, Ikoyi belongs to Senator Akpabio.
It is a rented building which ownership can be verified from Lagos State Lands Registry.
“Senator Akpabio does not own the properties mentioned in the petition to belong to him. You can verify the ownership of the properties (5 Okokosi Close, Maitama and Plot 28 Colorado Close, Maitama) from the land registry in Abuja,” he said.
He also denied the state received over N2 trillion as oil allocation.
“Please do note that the idea that the Akwa Ibom State Government received over N2.5 trillion in the eight years of the Akpabio administration is an outrageous lie. What this suggests is that the State Government received an average of N26 billion monthly for the period. What a lie! From published accounts of disbursement from the Federation Accounts, Akwa Ibom State never received up to N26 billion in any month throughout the period.

www.premiumtimesng.com/news/headlines/191621-breaking-efcc-arrests-ex-governor-akpabio-over-alleged-multi-billion-naira-fraud.html

I

seen

All those who stole our yam, one by one, PMB will get you

up next... Amaechi, Fashola, Tinubu or Buhari and his EFCC are jokers

This is getting more intresting than i thought

Is dis a joking sturv??

They should also invite Babatunde Fashola, Rotimi Amechi, Theodore Orji.

This ur sauce no get salt.

In fact go warm am, e cold

lionduke:
.

Catch u.


Lalalalalalalala

Hmmm

OMO MEHN THAT STADIUM IS VERY HANDSOME AND CRITICALLY BEAUTIFUL

The saga continues

Instead of Jonathan and his demons to renovate the prisons to their taste, they refused to do so. Now, they would be forced to enjoy the hospitality of the prison warders at Kirikiri.

Akpabio, when they direct you to Kirikiri prisons, as a distinguished senator, bow and go.

Heard it just now on silverbird television. Seems politicians are going through tough times lately.

john4reala:
OMO MEHN THAT STADIUM IS VERY HANDSOME AND CRITICALLY BEAUTIFUL

Unused, redundant and worthless white elephant. When was the last time the football field hosted any event?

NEXT! fish them out!

@Op where d sauce to take chop this yo story?

BTW... Godswill Akpabio, you will surely go down for all the looting... It may not be now, but you won't escape it!

Really

aresa:



Unused, redundant and worthless white elephant. When was the last time the football field hosted any event?

bro I only saw it on pictures oo

t a orji ought to be the first to arrest what are they still waiting?or is crime committed in abia state doesnt matter?

Wait till full independence is given to EFCC... the prison's wall will bulge!

Ashi..


If this game is fair, why shielding Amaechi?

Welcome to the new Nigeria!!!

All dis tin wey EFFC dey do..me no believe dem...na wen dey arrest and jail dat abia state governor...I go believe dem die...

The richest state in Nigeria and the largest yearly state budget in the whole of west africa delivered only...


1. A few roads in Uyo

2. 1 flyover

3. 1 bridge

4. I cinema

5. 1 library

6. 1 football field.


Akpabio the former governor was unable to get any decent hospital or clinic in his richest state in Nigeria to wrap bandage around around his leg hence jetting to london for bandage..

...but he left his people an empty building with rented and taken away equipment he labeled hospital..

john4reala:
bro I only saw it on pictures oo

I saw it on picture too. ...but it's a redundant and unused waste just sitting their gathering dust and lizards.

The people of Akwa Ibom are yet to benefit 1 kobo from that waste...

Initial gragra!!! Nothing will come out of it!!! Akpabio wpuld be interrogated ans allowed to go home!! Later on the case would continue to linger in the courts!!

BTW Ministerial Nominee Rotimi Amaechi has already been indicted by a judicial commission of enquiry for N97billion scam,when is the EFCC going after him

chukwudi44:
Initial gragra!!! Nothing will come out of it!!! Akpabio wpuld be interrogated ans allowed to go home!! Later on the case would continue to linger in the courts!!

BTW Ministerial Nominee Rotimi Amaechi has already been indicted by a judicial commission of enquiry for N97billion scam,when is the EFCC going after him

source

olohun mu Omo ale

isokay

As usual Yorubas would come to this thraed to masturbate as usual!! When the thief Fashola gave a lame excuse to the senate on the N78 million scam,they all hailed him and called him superb!!
Bunch of hypocrites!!

Hahahahahah