EFCC operatives have arrested Ibanga Ime Akpabio, cousin to the former Akwa Ibom Governor, Godswill Akpabio for his involvement in a N10, 000,000.00( Ten Million Naira) oil scam.
According to the message posted on the official Facebook page of the anti-graft agency, Ibanga was arrested in Port Harcourt, Rivers State.
It was also stated that his arrest was occasioned by an allegation that he collected a sum of N10,000,000.00 from a potential investor in petroleum products.
The younger Akpabio was said to have approached the investor to invest the money as equity in the purchase of petroleum product directly from a floating station belonging to the Nigerian National Petroleum Corporation, NNPC.
The statement stated that he allegedly assured the inventor that he had secured all necessary approvals for the running of the business.
He allegedly collected the money through a Diamond Account being operated by Fastej Enterprises and neither kept faith with the business arrangements with the investor nor returned the money he was paid.
The statement concluded by stating that Ibanga Akpabio is undergoing interrogation in the Port Harcourt’s Zonal office of the EFCC.
Below is his photo:
