Connect with us

FEATURED

BUSTED: Akwa Ibom Governor, Udom Allegedly Builds Sprawling Multi-Billion Naira Mansion In Ikoyi As States Face Looming Cash Crunch

Published

on





Where is Emmanuel Udom, the governor of Oil-rich Akwa Ibom State, getting money to fund his alleged multi-billion massive home project located along the highly sought after MacDonald Road in Ikoyi, Lagos, where former Vice President Atiku Abubakar, Former Head of State, General Abdulasami Abubakar, politician, Dr. Bukola Saraki, businessman, Chief Kensington Adebutu and Otunba Adejare Adegbenro are homeowners.

Some astonished neighbours say construction has not slowed since the project started about 7 months ago despite the biting hardship in the land brought by the coronavirus pandemic and the lockdown imposed by the federal government. Governments are bracing for the economic impact of the crash of crude oil in the markets as a result of the pandemic.

The sprawling project which has at least three big houses in the yard with a private driveway occupies about 8, 000 square meters of prime land.

Advertisement

Udom, some neighbours say visits the construction site to observe work in unmarked vehicles to mask his identity in the early mornings at weekends whenever he is in town.

Mr. Udom was an Executive Director at a top bank in Lagos before be was appointed Secretary to the Akwa Ibom State Government and installed as state Governor on the platform of the Peoples Democratic Party, PDP, by then Governor Godswill Akpabio before their friendship turned sour.

Nigerian state governors especially governors of the Niger Delta States receive billions of naira monthly in allocations from the federal government with mostly nothing to show for it in their home states. Most of the monies are mostly stolen by the governors, politicians and their collaborators.

The EFCC last year arraigned Mr. Udom alongside Paul Usoro, SAN, President of the Nigerian Bar Association, NBA as well as four others before the Federal High Court in Ikoyi, Lagos for allegedly laundering N1.4 billion from the Akwa Ibom State coffers. The agency alleges that the monies were deposited into the bank account on Mr. Usoro and subsequently delivered to multiple recipients.

Advertisement

One of the counts reads: “That you, Paul Usoro, SAN, Emmanuel Udom (currently constitutionally immune against criminal prosecution), Uwemedimo Thomas Nwoko (still at large), Nsikan Linus Nkan, Commissioner of Finance, Akwa Ibom State (still at large), Mfon Jacobson Udomah, Accountant-General, Akwa Ibom State (still at large) and Margaret Thompson Ukpe (still at large) sometime in 2015 in Nigeria, within the jurisdiction of this Honourable court, conspired amongst yourselves to commit an offence, to wit: conversion of the sum of N1. 410, 000, 000, 000.00 (One Billion, Four Hundred and Ten Million Naira), property of the Government of Akwa Ibom State of Nigeria, which sum you reasonably ought to have known forms part of the proceeds of an unlawful activity to wit: criminal breach of trust and thereby committed an offence contrary to Section 18(a) of the Money Laundering (Prohibition) Act, 2011 as amended and punishable under Section 15(3) of the same Act.”

Mr. Udom did not respond to nor return multiple calls put through to his cell to answer questions relating to the property. He also did not respond to a text message sent to his mobile phone.

(THEWILL)

Advertisement
Advertisement
Click to comment
OPINION2 hours ago

ANIOMA STATE: A BRIDGE OF UNITY AND BALANCE FOR THE SOUTHEAST AND NIGERIA, BY CHARLES UDE

FEATURED16 hours ago

Delta to Construct Flyovers at Agbor, Ughelli as EXCO Approves Oborevwori’s N230 Billion Projects Proposal

international fraud ring
FEATURED20 hours ago

EFCC Secures Conviction of 11 for Internet Fraud in Kwara

FEATURED21 hours ago

Benue Killings: Notorious Arms Supply Syndicate Busted as Police Intensifies Investigation

ENTERTAINMENT22 hours ago

South-East King Breaks Cultural Taboos to Tackle Sexual and Gender-Based Violence, Drug Abuse in New Documentary

dismissed
FEATURED24 hours ago

PSC Pledges to Improve Condition of Service for Policemen, Approves Promotion of 4741 Inspectors, Others

Oborevwori
FEATURED1 day ago

Delta Launches Mini-Grid Initiative to Boost Power Supply, Approves New Regulatory Bodies

FEATURED2 days ago

17 Suspected Internet Fraudsters Arrested in Nasarawa by EFCC

FEATURED2 days ago

How Bishop Jonas Lured Investors With Sermons in ₦178m Fraud Case – Witness

BUSINESS2 days ago

Delta IGR Soars to N104 Billion in H1 2025, Inches Closer to Annual Target!

Peter Black
FEATURED3 days ago

‘How NNPCL CEO Reportedly Replaced Soneye With All-Female Communications Squad’

OPINION3 days ago

RE: CLARIFYING ANIOMA IDENTIFY AND THE SOUTH-EAST QUESTION – A RESPONSE TO THE ODOGWU OF IBUSA

Heavy-Duty vehicles
FEATURED3 days ago

State Creation: Anioma Meets Over Two-Thirds Constitutional Requirement

Aisha Buhari
FEATURED4 days ago

BREAKING: ‘My Marriage to Buhari Was Intact’ – ex-First Lady’s Position on Reported Divorce

Anioma State
FEATURED4 days ago

APC Chieftain Dismisses 12-State Approval List, Calls It a ‘Calculated Distraction’ Against Anioma State and Ned Nwoko

Advertisement
Advertisement