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.

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
Article Banner

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)

Continue Reading
Advertisement
Click to comment
FEATURED42 minutes ago

‘No Vacancy’: Senators Endorse Akpabio for Second Term as Senate President

FEATURED3 hours ago

Donald Duke To Gov Diri: You’re A Local Champion Over Coastal Highway Opposition

Elections
FEATURED9 hours ago

2027: Why I Won’t Attend Every APC Campaign Rally – Tinubu

COMMUNITY REPORT17 hours ago

Isoko South Council Distributes Desks To Public Primary Schools In Delta

FEATURED20 hours ago

Okpara Inland Crisis: Delta CP Visits Community Over Killing Of Don Cross, Orders Investigation

FEATURED21 hours ago

2027: Wike Warns APC Campaign Council, Says Don’t Claim Victory If You Fail To Deliver Your State For Tinubu

FEATURED1 day ago

Yuleidy Ixcotoyac: 15-Year-Old Girl Wakes Up In Coffin 8 Hours After Father Declared Her Dead

ENTERTAINMENT1 day ago

Court Fines Odumodublvck N125,000 Over Adjournment Request in Assault Suit

FEATURED1 day ago

Tinubu Transmits National School of Government Bill 2026 to Senate, Seeks Repeal of ASCON Act

Defense and Security1 day ago

Plateau Attacks: Three Killed, Two Injured as Gunmen Rustle 114 Cattle

FEATURED1 day ago

Dispense Justice Without Fear Or Favour, Oborevwori Tells Delta Judges

‎Why Court Rejected El-Rufai’s Medical Bail Request
FEATURES1 day ago

El-Rufai, Associates Earmarked $600,000 to Bribe EFCC Officials – DSS Witness

NIGER DELTA2 days ago

Okubor to Chair 2026 DOPF Conference, Lecture Series in Asaba

INEC Fixes June 16-25 for Party Primaries in Restored State Constituencies in Delta, Others
FEATURED2 days ago

2027 Gov’ship: INEC Explains Why Some Candidates Were Omitted From Final List

FEATURES2 days ago

UN Reviews Kenya Over Discriminatory Family Laws As Report Shows Third Of Widows Face Eviction

Advertisement
Advertisement

z

   


Article Banner