EFCC arrests Akpabio’s cousin for alleged N10m scam

Operatives of the EFCC have arrested one Ibanga Ime Akpabio to explain his involvement in an alleged N10 Million oil scam.

Ibanga is said to be a cousin to the former Akwa Ibom state governor, who is now a serving senator, Godswill Akpabio.

He was arrested in Port Harcourt, Rivers State.

According to the anti-graft commission, Akpabio’s arrest was occasioned by an allegation that he collected the amount from a potential investor in petroleum products.

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, NNPC.

Read also: Makarfi, PDP chieftains visit, console Fani- Kayode, Obanikoro, Mohammed, Abati in EFCC custody

He allegedly assured the inventor that he had secured all necessary approvals for the running of the business.

He 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.

He is currently undergoing interrogation in the Port Harcourt’s Zonal office of the EFCC.

 

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