NairaMan Forum

Welcome, Guest: Join NairaMan / Login / Trending / Recent / New
Stats: 2,335 members, 6,073 topics. Date:   November 13, 2018, 5:20 am | 0809 633 9911

EFCC arrests Akpabio’s cousin for N10m scam

NairaMan Forum / Politics / EFCC arrests Akpabio’s cousin for N10m scam (1 Post | 280 Views)

(1) (Reply) (Go Down)

EFCC arrests Akpabio’s cousin for N10m scam by yungcrae(: 9:16 pm On Nov 02, 2016

The Economic and Financial Crimes Commission has arrested Ibanga Akpabio, a cousin to former Governor Godswill Akpabio of Akwa Ibom State for his alleged involvement in a N10m oil scam.

The EFCC said on its official Facebook page that the suspect was arrested on Tuesday in Port Harcourt, Rivers State.
Akpabio’s arrest was occasioned by an allegation that he collected the N10m from a potential investor in petroleum products.

The commission added, “Specifically, Akpabio reportedly approached the investor to invest the money as equity in the purchase of petroleum product directly from a floating station belonging to the Nigerian National Petroleum Corporation. He allegedly assured the inventor that he had secured all necessary approvals for the running of the business.

“Akpabio allegedly collected the money through a Diamond Bank account being operated by Fastej Enterprises and neither kept faith with the business arrangements with the investor nor returned his money to him.”

It was learnt that the suspect is urgently undergoing interrogation in the Port Harcourt zonal office of the EFCC.


(1) (Reply)

Military launches ‘Operation Python Dance’ against secessionist groups in South-East / Mandela Laid To Rest In Qunu / G7 govs/APC merger: Theyll beg to come back PDP / Buhari Congratulates Obaseki For Winning Edo Governorship Polls Four Days Prior To Electio / Good news: Naira appreciates against the dollar (see new rate) / Ogundamisi Write Open Letter To Mr. President /

Viewing this topic: 1 guest viewing this topic

(Go Up)

NairaMan - Copyright © 2012 - 2018 John Onam. All rights reserved. See NairaMan and NairaBlog
Disclaimer: Every NairaMan member is solely responsible for anything that he/she posts or uploads on NairaMan.