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.

Ekpenyong had on June 8 petitioned President Muhammadu Buhari and the EFCC, calling for Akpabio’s probe and accusing him of looting Akwa Ibom state treasury.

Several other indigenes of the state demanding the investigation of the former governor were also said to have been invited by the EFCC for questioning.

In a new petition to the EFCC dated June 22, and copied to President Muhammadu 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“For example, a whopping N18 billion was withdrawn fraudulently from the state FAAC account with the United Bank for Africa in trenches of N10 million and above by Mr.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.”

Ekpenyong said 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 further alleged that over N50 billion of Akwa Ibom funds were spent by the former governor during the last general elections.

He further acussed Akpabio of withdrawing 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.


http://dailypost.ng/2015/10/16/breaking-efcc-arrests-ex-akwa-ibom-governor-senator-akpabio/amp/

Hopeless news

Akpabio we know

In other news we learn saraki wants to declare Akpabio seat vacant

Vacant for why

sarrki:
Hopeless news

Akpabio we know

In other news we learn saraki wants to declare Akpabio seat vacant

we need to join hands. pray and conduct deliverance for our fellow here.





in other news. We know it's jyst a game.

same game lawal daura and presidency 're playing.

political lackeys. rubbish

Buhari govt can love to fool themselves sha ..this arrest if it ever happens is just a ruse

We all know it's jus a show game.
Let's see how this turns out though

Mynn44, lalasticlala there is no arrest in this news. The title should be corrected to avoid disappointment of disastrous proportion for both APC and PDP.

sarrki:
Hopeless news

Akpabio we know

In other news we learn saraki wants to declare Akpabio seat vacant

You really have no shame do you?
If you read the article you were supposed to burry your head in shame and not spill trash

Publicity stunts from Miyetti Alleah led govt of Buhari to deceive their teeming number of zombies that their anti corruption fight is not selective. The same govt that celebrated Akpabio's defection to APC and even planned on making him Senate President should their coup plot in the National Assembly succeeded is here forming anti corruption.
We will see how far EFCC will go with this charade. Rubbish.

Another political sacrifice.... Another Daura.... Exactly what happens to betrayals

darfay:


You really have no shame do you?
If you read the article you were supposed to burry your head in shame and not spill trash

Shut up

Unholy political miscalculation loading........

Those who escaped from known foes are now nested in the camp of those formally chasing after them from afar?

Episodes of the horror film loading......

FarahAideed:
Buhari govt can love to fool themselves sha ..this arrest if it ever happens is just a ruse

2015 news

I weep for a country playing politics with the democracy of its people. Akpabio with PDP is a corrupt man but with APC he's a saint

Mynd44, this is a 2015 report and the Op is deliberately trying to mislead Nairalanders because he knows many wouldn't verify.

Please lock the thread.

sarrki:
Hopeless news

Akpabio we know

In other news we learn saraki wants to declare Akpabio seat vacant

high blood pressure coming up. he will declare it and nothing will happen. you haven't see anything yet.

KingLennon:
I weep for a country playing politics with the democracy of its people. Akpabio with PDP is a corrupt man but with APC he's a saint

Only you read through.

weyreypey:

Only you read through.

Everybody knows that's a lie nah. EFCC is just trying to show that they are working but at the end of the day, the case will be swept under the carpet

Swept already

The case is already is in court.

What do you want efcc to do? Keep arresting him cos he defected to APC?
Why didn't you ask why efcc hasn't been after him 3 years after his first arrest?

EarthXmetahuman:
The case is already is in court.

What do you want efcc to do? Keep arresting him cos he defected to APC?
Why didn't you ask why efcc hasn't been after him 3 years after his first arrest?

Tell us

KingLennon:
I weep for a country playing politics with the democracy of its people. Akpabio with PDP is a corrupt man but with APC he's a saint

lol only saint ?? Infact he is now the next best thing after angel Gabriel .

sarrki:
Hopeless news

Akpabio we know

In other news we learn saraki wants to declare Akpabio seat vacant

Why are you supporting corruption?

NothingDoMe:
Why are you supporting corruption?

Keep quiet

If you don’t have any meaningful thing to utter

sarrki:


Keep quiet

If you don’t have any meaningful thing to utter

Calm down. You sound stressed.

sarrki:
Hopeless news
Akpabio we know.In other news we learn saraki wants to declare Akpabio seat vacant

Not surprised but you're still a disgrace.