close
Wednesday, November 2, 2022

N400 Million Fraud: ICPC arraigns NABDA ex-DG Akpa, others

Mr Akpa and two others are facing money laundering charges to the tune of N400 million.

• November 2, 2022
Alex Akpa

The Independent Corrupt Practices and other related offences Commission (ICPC) on Wednesday arraigned Alex Akpa, a former acting director-general, National Biotechnology Development Agency (NABDA), and others over alleged N400 million fraud.

Mr Akpa, Famous Daunemigha, ex-member, Governing Board of NABDA and Wesley Ebi Siasia, ex-director, finance and accounts of the agency, were arraigned on four-count amended charge before Justice Inyang Ekwo of the Abuja Division of the Federal High Court.

The trio, who are first to third defendants, respectively, pleaded not guilty to the charges.

Counsel to the anti-corruption commission, O.G. Iwuagwu, informed that seven witnesses had been lined up to testify against the defendants.

Mr Ekwo consequently admitted them to bail on terms of the administrative bail earlier granted them by the commission.

The judge directed that all the particulars of the defendants be forwarded to the court registrar within seven days of the order.

The judge, who warned the defendants against breaching the bail conditions, said the trial would be on a day-to-day basis.

He adjourned the matter until March 6, 7, 8, 9, and 10 for trial.

The ICPC, in the amended charge, marked: FHC/ABJ/CR/302/22 dated and filed November 1, had alleged that the defendants, sometime in August 2020, within the court jurisdiction while being public officers, indirectly took possession of the sum of N400 million meant for the establishment of four Bioresources Development Centers in four states of the federation.

In count two, the commission accused Mr Akpa of indirectly taking possession of N260 million being part of the sum of N400 million.

While the ICPC accused Mr Daunemigha of embezzling N50 million from the N400 million, Mr Siasia was alleged to have taken possession of N40 million from the amount.

The commission said the act contravened section 18 (2) (d) and was punishable under Section 18 (3) of the Money Laundering (Prevention and Prohibition) Act, 2022.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Bola Tinubu and Atiku Abubakar

Politics

Tinubu selling “renewed hopelessness” to Nigerians: Atiku

Let me tell what they – Tinubu/Kashim Shettima – are selling to Nigerian people, what they call renewed hopelessness,” Mr Bwala said.

Adamawa State Governor, Ahmadu Umaru Fintiri

States

Adamawa revokes N7.5 billion road contract

The contractor, who had been given various projects at different times, had demonstrated the highest level of unreliability and insensitivity, the government spokesman said.

PDP

Politics

Court voids PDP primary for Kaduna Central

One of the aspirants for the senatorial position, Usman Ibrahim, approached the court challenging the emergence of Lawal Adamu.

AfDB President, Akinwumi Adesina

Africa

“If you are not investing in Africa, think again!” AfDB’s Adesina says at AIF

Mr Adesina says that the Africa Investment Forum has mobilised $110 billion in investment interests to Africa since its inception in 2018.

Nigerian Customs Officers display confisticated drugs

Economy

Customs intercepts contraband worth N671 million, arrests 11 

Customs controller Hussein Ejibunu said the goods were seized along the borders and port corridors within the South West zone.

Kashim Shettima and Asiwaju Bola Tinubu

Politics

Tinubu, Shettima are parasites feeding off public funds: Atiku Campaign 

“Shettima, in a moment of deliberate amnesia, must have tried to point fingers at the specks in another man’s eyes while studiously ignoring the giant logs in his own eyes.”