Former Governor of Akwa Ibom State, Godswill Akpabio
The Economic and Financial Crimes Commission, EFCC, has revealed it arrested Ibanga Akpabio, a brother to the former Akwa Ibom Governor, Godswill Akpabio, for his involvement in a N10 million oil scam.
He was arrested on Tuesday in Port Harcourt, Rivers State.
According to EFFC sources, Akpabio was arrested following an allegation that he collected N10 million from a potential investor in petroleum products.
He was said to have approached and collected the money from an investor to invest the money as an equity in the purchase of petroleum products directly from a floating station belonging to the Nigerian National Petroleum Corporation, NNPC.
After assuring the investor that he had secured all necessary approvals for the running of the business. It was found out to be a fraud as he didn’t deliver on his business promise prompting the investor to notify the anti-corruption agency.
He is currently undergoing interrogation at the Port Harcourt Zonal office of the EFCC.
Also, the EFCC has denied a purported audio recording in which Akpabio had boasted of having connection with the EFCC chairman Ibrahim Magu.
In a press statement reacting to the claim, the EFCC said:
"The attention of the Economic and Financial Crimes Commission has been drawn to a recorded audio conversation attached to a report with the caption, EFCC Detains Brother of Former Akwa Ibom State Governor Ibanga Akpabio, which appeared today, November 2, 2016 on the online news portal, Sahara Reporters, allegedly featuring two Akwa Ibom politicians, Ibanga Akpabio and a certain Osong.
"In the said audio recording, a voice purporting to be Akpabio could be heard dropping the names of some security chiefs including the acting Chairman of the Commission, Ibrahim Magu, and boasting about the supposed EFCC boss’ willingness to help deal with his purported political adversaries in Akwa Ibom state, especially a certain Robinson Uwak.
"The Commission wishes to state that the claims in this tape especially as it affects Mr. Magu are patently false. The EFCC boss has never met Ibanga Akpabio all his life and could not have been party to any violent scheme to settle unknown political scores in Akwa Ibom State. Indeed, if Magu were Akpabio’s Man-Friday as he would have his ‘friend’ believe, he would not today be a suspect answering to charges of fraud before the Commission.
"Members of the public are therefore enjoined to disregard the recorded conversation as plain braggadocio."