Immediate past Governor of Akwa Ibom state, Udom Emmanuel has been arrested by operatives of the Economic and Financial Crimes Commission (EFCC) over alleged N700 billion fraud.
According to reports, the former governor was taken into custody shortly after he arrived at the EFCC headquarters in Abuja on Tuesday around 12:30 pm.
Emmanuel was at the EFCC headquarters to honour an invitation over the allegation of money laundering, diversion of funds and stealing preferred against him by Network Against Corruption and Trafficking (NCAT), a civil society organisation (CSO).
Sources within the EFCC said the petitioner alleged that the former governor received N3 trillion from the federation Account in eight years but left a debt profile of N500 billion and unpaid ongoing projects worth N300 billion in Akwa Ibom state.
He was also alleged to be unable to account for N700 billion.
NewsClick Nigeria reports that Emmanuel held sway as governor of the South South state from 2015 to 2023.
Meanwhile, the anti-graft agency is yet to issue any official statement on the development.