EFCC Re-Arrest Abuja Businessman Over N500m Fraud

0

The Economic and Financial Crimes Commission, on Monday, said it had re-arrested an Abuja-based businessman, Stephen Akpa, for alleged N500m fraud.

The commission disclosed this in a statement by its Media and Publicity arm which was posted on its website.

According to the commission, Akpa was initially arrested on December 2, 2022, at his office located in the Idu area of Abuja following a petition accusing him of obtaining N500m under false pretences. It added that the suspect jumped the administrative bail granted him ahead of his planned arraignment on five counts.

The commission said the suspect had since then been on the run as all efforts to arrest him proved abortive.

The statement read, “Akpa was first arrested by the commission on December 2, 2022, at his office in the Idu axis of Abuja, following a petition alleging that he obtained the sum of N 500, 000, 000 under false pretence.“He was to be arraigned on a five-count charge when he jumped the administrative bail offered by the commission.

“All efforts to apprehend proved futile until August 9, 2023, when he was re-arrested.“He will soon be arraigned in court.”

-Advertisement-

Grab our latest Magazine, "Chief Wole Olanipekun, CFR, SAN, A man of wide horizons and deep intentions". Get your order fast and stress free. Newswire mag

For more details about Newswire Law&Events Magazine, kindly reach out to us on 08039218044, 09070309355. Email: newswiremagazine@yahoo.co.uk. You will be glad you did

Do you want to be heard, your events covered, your articles published, or need to advertise your products and services on our Blog and Magazine, reach out to us at Newswire Law and Events, you will be glad you did. For more details about our services, please call: 08039218044, 09070309355. Email: newswiremagazine@yahoo.co.uk