How Emmanuel withdrew N31bn cash from one account – EFCC alleges as Akwa Ibom ex-governor is arrested

Phenomenal
Phenomenal
Emmanuel donates N60m to families of slain policemen
Akwa Ibom State Governor, Emmanuel Udom

 

Akwa Ibom State former Governor, Udom Emmanuel, is now cooling it off in the custody of the  Economic and Financial Crimes Commission EFCC.

The commission claimed his government withdrew a sum of N31bn from a single account while alleging another N700billion fraud.

Emmanuel was arrested after honouring an invitation of the EFCC on Tuesday to answer charges of money laundering,  diversion of funds and stealing preferred against him by Network against Corruption and Trafficking (NCAT).

He arrived the EFCC’s office around 12:30pm.

The commission’s investigations have uncovered the withdrawal of N31billion in cash  in one single account.

The name of the account is Office of the Governor.

 The money was withdrawn in cash progressively between 2019 and 2023.

The petitioner alleged that Emmanuel received N3trillion from the Federation Account  in eight years but left a debt profile of  of N500billion and unpaid ongoing projects worth N300billion.

He was also alleged to be unable to account for N700billion.

The EFCC’s investigations are ongoing with Emmanuel being grilled by operatives.

EFCC’s Spokesperson,  Dele Oyewale,  could not be reached when contacted.

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