Monday 15 June 2015

Akpabio dragged to EFCC over alleged misuse of N3trn allocations

Immediate past governor of Akwa Ibom State, Chief Godswill Akpabio, has been dragged to the Economic and Financial Crimes Commission, EFCC, for allegedly mismanaging the sum of N3trillion allocations to the state while in office.

akpopiaThe action against Akpabio is initiated by a lawyer, Chief Leo Ekpenyong.

In his petition to the EFCC, Ekpenyong asked the anti-graft agency to investigate the former Governor for misusing the N3trillion allocations to the state government during his tenure.

Ekpenyong, in the five-page petition, dated June 8, 2015, which he addressed to EFCC Chairman, Mr. Ibrahim Lamorde, a copy, which he sent President Muhammadu Buhari and the Inspector-General of Police, Mr. Solomon Arase, he alleged that Akwa Ibom State received statutory allocations amounting to over N3trillion during the eight-year administration of Akpabio, which, he claimed the ex-governor spent recklessly.

Ekpenyong alleged that the amount is more than five times what the entire five states of the South-East zone received from the Federation Account within the same period.

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