Thursday 25 June 2015

EFCC Begins Probe Of ex-Governor Akpabio

The Economic and Financial Crimes Commission has begun investigation into alleged theft of N108.1billion of Akwa Ibom funds by former Governor Godswill Akpabio.
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.

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 indicated 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.

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