Sunday 18 October 2015

Akpabio : EFCC To Quiz Akwa Ibom, Bank Officials Over N108.1b Fraud

The Economic and Financial Crimes Commission, EFCC has penciled down some staff of the Akwa Ibom State government for questioning over the alleged misappropriation of N108.1b by former governor Godswill Akpabio.

Also to be questioned are officials of the banks which Akpabio allegedly used for the unlawful deals.

The anti graft agency had on Saturday grilled ex-Governor Akpabio for several hours for the second day running over his alleged misuse of government funds while in office.

THE NATION reports that Akpabio arrived the Abuja Headquarters of the EFCC at about 11.45am and was still there after 7pm.

He was reportedly accompanied by his attorney, Mr Ricky Tarfa, SAN, and two other friends, Wole Arisekola and Segun Odubela.

An official of the EFCC told newsmen ;

“We are going to interrogate some officials of Akwa Ibom State Government and a few banks.

“Some of these officials were named in the petition by a lawyer-activist, Mr. Leo Ekpenyong.”

Ekpenyong had alleged in his petition that Akpabio fraudulently diverted state funds while serving as governor.

His words ;
“Between January –December 2014, it is on record that the trio of Godswill Akpabio and two others 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.

“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“For example, a whopping N18 billion was withdrawn fraudulently from the state FAAC account with the United Bank for Africa in tranches of N10 million and above by Mr. Isobara in a surreptitious manner to conceal their dishonest intention.

“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 Nation

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