These, certainly are not the best of times for former Akwa Ibom State Governor, Udom Emmanuel.
The former Governor has been arrested by the operatives of the Economic and Financial Crimes Commission (EFCC) over an alleged N700 billion fraud.
Emmanuel, we gatheres was arrested after honouring an EFCC invitation on Tuesday, March 4th, 2025 to respond to charges of money laundering, diversion of funds, and theft, as alleged by the Network Against Corruption and Trafficking (NCAT).
Those in the know squealed to us that Udom Emmanuel arrived at the EFCC office at around 12:30pm.
According to Investigations by the EFCC, N31 billion in cash was allegedly withdrawn from a single account named Office of the Governor, and eports revealed that the money was allegedly withdrawn in cash between 2019 and 2023 respectively.
The petition against Udom Emmanuel allegedly revealed that he received N3 trillion from the Federation Account over eight years but left a debt profile of N500 billion and unpaid ongoing projects worth N300 billion. He is also accused of failing to account for N700 billion.
Meanwhile, investigations are ongoing with Emmanuel currently being interrogated by the EFCC.
