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Breaking NewsHot NewsNational

EFCC arrests ex-military gov for collecting N450m

Timothy Stephen
Last updated: May 10, 2016 11:13 am
By Timothy Stephen
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Former Military Administrator of Akwa Ibom State and chieftain of the People's Democratic Party, Air Commodore Idongesit Nkanga(retd)
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The Economic and Financial Crimes Commission has arrested a former Military Administrator of Akwa Ibom State and chieftain of the People’s Democratic Party, Air Commodore Idongesit Nkanga(retd) for his alleged role in the $115m bribe involving a former Minister of Petroleum Resources, Diezani Alison-Madueke.

Sources at the EFCC told our correspondent last night that after the money was converted to N23bn, the suspect received N450m through Fidelity Bank Plc.

The EFCC source stated that he would be charged to court soon.

He said, “He was arrested in Port- Harcourt, Rivers State on Monday.  Nkanga was alleged to have collected the money in two tranches, from an employee of Fidelity Bank in Uyo, Akwa Ibom State, Mr. Saint- Anthony Ejiowu.

“The first tranch of the money, a sum of N350m was collected on March 27, 2015 while the second tranche of N100m was collected on March 31, 2015. Nkanga signed for the two tranches.

“He is in the custody of the EFCC and would be charged to court soon.”

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The EFCC had last week arrested the Managing Director of the bank, Mr. Emeka Okonkwo, for his alleged role in the scam.

The money in question was said to have been used in bribing officials of the Independent National Electoral Commission.

Source: Punch 

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