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Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsAlleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel (16929 Views)

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Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by InfoGuru118(op): 8:19pm On Mar 04, 2025
Former Akwa Ibom governor Udom Emmanuel has been detained by operatives of the Economic and Financial Crimes Commission (EFCC) amid serious allegations of misappropriating public funds totalling approximately N700 billion, News360 Nigeria reports.

Emmanuel, who governed from 2015 until 2023, was invited to the EFCC’s headquarters in Abuja on Tuesday at around 12:30 p.m. to answer queries concerning suspected money laundering, fund diversion, and related financial improprieties. According to sources, the summons followed a formal petition lodged by the civil society group Network Against Corruption and Trafficking.

The petitioner contended that over the course of eight years, Emmanuel received a staggering N3 trillion from the Federation Account. It was further alleged that, rather than being utilised appropriately, these funds left a legacy of financial discrepancies – including an outstanding debt of N500 billion alongside uncompleted projects valued at N300 billion.

In addition, investigations have brought to light that a single account, labelled “Office of the Governor”, witnessed cash withdrawals totalling N31 billion between 2019 and 2023. Such findings have amplified concerns regarding the handling of public funds during his administration.

Efforts to reach the EFCC’s Head of Media and Publicity, Dele Oyewale, for further comment were unsuccessful as his contact remained out of service. The commission’s action against the former governor marks a significant step in Nigeria’s ongoing drive to tackle corruption and restore accountability within public office.

As the investigation unfolds, further details are awaited regarding the full scope of the alleged financial mismanagement and the subsequent legal proceedings that may follow.
https://news360ng.com/efcc-arrest-detains-ex-akwa-ibom-governor-udom-emmanuel-over-alleged-n700bn-fraud/

Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by GOFRONT(m):
Chaii....Yaya bello is a learner here o
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by KingAzubuike(f): 8:25pm On Mar 04, 2025
Fake news.

We won't take EFCC serious until they start indicting the likes of Asiwaju and co
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by BadNews: 8:25pm On Mar 04, 2025
Hmmmmmm
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by Warldbest(m): 8:25pm On Mar 04, 2025
grin nice job EFCC
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by treesun: 8:26pm On Mar 04, 2025
When will Wike be arrested!
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by IPIGSRSHALLOW:
Ok.

My main problem with the EFFC style is that they are always quick to arrest but are mostly unable to prosecute these highly placed politicians.
They always charge them with big money in the news but they always struggle to prove their cases in court of law.
Why not wait until you have an airtight case before charging them to court, as the FBI always does?
The FBI will take years to investigate before coming for you. When they do come, it's usually a very tight case.

For the next 10 years, EFCC will just be amending, adding, and dropping charges, noting will come out of the case.
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by Racoon(m): 8:26pm On Mar 04, 2025
Get the right facts first not arrest before prosecution
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by Mindlog: 8:26pm On Mar 04, 2025
Yimu. cheesy
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by 3seriez(m): 8:26pm On Mar 04, 2025
Nothing new here. Just another politician being accused of stealing funds. The case will take years to be resolved or last last settles for a plea bargain.
Rinse and repeat.
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by eni123: 8:27pm On Mar 04, 2025
Political arrest
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by Kingbenn(m): 8:27pm On Mar 04, 2025
You mean say this man visit Tinubu and days later he was arrested? Make I go corner fess go laugh.


But make wuna wait oh, is it possible for one man to steal #700B. We are not talking about millions here oh. I mean #300B short of one trillion. My God, why am I in this corntree. Like why?
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by DeLaRue: 8:27pm On Mar 04, 2025
N700 Billion!

That's the total budget of Ekiti State for the last 10 years.
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by ehikwe22: 8:27pm On Mar 04, 2025
Embezzled 700billion out of 3 trillions? EFCC can never convict a politician because they don't have the political will to do that. They don't do their due diligence. Churn out numbers, do media trials without evidence and abandone the case. They don't have intention to make jail them in the first place
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by grandstar(m): 8:27pm On Mar 04, 2025
Nigerians are fantastically corrupt.
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by theophorus(m): 8:27pm On Mar 04, 2025
Oga Udom, Oya go and explain your own, after explaining yourself ensure you talk to who know road so that this matter go fit end quick.
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by Helpfromabove1(m): 8:27pm On Mar 04, 2025
Let him just decamp to APC and pay a loyalty visit to jagaban and his sins will be forgotten
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by SwitShuga(m): 8:27pm On Mar 04, 2025
Child's play.
He will be out tommorow
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by dibunotion(m): 8:27pm On Mar 04, 2025
Why now that he has reconcile with Akpabio. Eye service.
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by AmazingELixir: 8:27pm On Mar 04, 2025
Wahala
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by Chinjo2: 8:27pm On Mar 04, 2025
Meanwhile Akpabio is the Senate President of Nigeria. What a country.
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by Angelfrost(m): 8:28pm On Mar 04, 2025
The usual rinse and repeat...!

He will get a farce of a trial (if he ever gets near a courtroom), and end up with a slap on the wrist.

Next, he leaves the country to stash and spend the money, then return later, join the ruling party and be back with an appointment.


EFCC is just a huge joke.
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by GExcess: 8:28pm On Mar 04, 2025
What a sweet news, this thief stole our common wealth and put us through pains in our own state, yet he kept on saying MKPO IBAHA but he was busy enjoying with his cronies.

EFCC the only good thing you can do for the good people of Akwa Ibom is to lock this thief up and recover the stolen funds from this idiot, we deserve better
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by BrownRoofRep: 8:28pm On Mar 04, 2025
Joining APC soon and his sins will be forgiven.
Ask the fat womaniser una dey call senate president.
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by Warmaterial(m): 8:28pm On Mar 04, 2025
As always
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by DMerciful(m): 8:28pm On Mar 04, 2025
Arrest after reconciling with Akpabio to push the case underground.

We're watching
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by sweet16s: 8:28pm On Mar 04, 2025
Reason for udom earlier visit to villa
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by JagaLove: 8:28pm On Mar 04, 2025
Because e dey pdp
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by jetwonder(m): 8:29pm On Mar 04, 2025
grin grin grin
Hmmm
Am speechless
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by BenuePolitician(m):
Politicians and thieving are 5 and 6
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by tommykiwi(m): 8:29pm On Mar 04, 2025
Until they invite former Kano state Governor, that Is when people will take them serious.
Re: Alleged ₦‎700bn Fraud: EFCC Arrest Ex-Akwa Ibom Governor Udom Emmanuel by obi4eze(m): 8:29pm On Mar 04, 2025
Hmm...
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