Report reaching Igbere Tv newsroom indicates that the former governor of Akwa Ibom State and Senator representing Akwa Ibom East may soon be in another messy corruption scandal following the discovery by the Central Bank of Nigeria of huge funds linked to him in the vaults of some banks in the state capital, Uyo.

Following this development, Igbere Tv learnt that the former governor is currently under investigation by the CBN, over the suspicious cash deposits.

The apex bank recently began a discreet probe into suspicious N865billion cash deposits allegedly made by the former Governor in three banks in Uyo.

The monies were allegedly said to have being secretly kept in UBA bank, Polaris Bank and one other new generation bank with each of the bank managers in the State serving as “unofficial” account officers of the money.

“More shocking to the apex bank is the discovery that the monies were not paid into any known account but kept as ‘unrecorded’ cash deposits by the former Senate Minority Leader”, our source hinted.

Investigations, Igbere Tv learnt, revealed that the CBN traced over N200b to Polaris Bank as Akpabio’s “unrecorded” cash deposit, manage by a lady from Essien Udim LGA, hometown of the former Governor.

A source said, “the CBN discovered cash in dollars dumped and managed in the bank without any known account number but left to the care of the bank’s branch manager of one of the new generation bank in Uyo”

“The money allegedly belonging to the former Governor had no record of name of depositor or receivers account but has been warehoused in the bank for more than four years now, CBN investigation reveals.”

“The same scenario played out in UBA bank. We discovered this is happening under a private arrangement. This money discovered has no account name or number or name of depositor.”
Confirming the allegation, a member of the CBN’s audit team in Uyo who did not want his name in print because he is not authorized to speak to the press said “the discoveries were made during a routine secret audit of banks by the CBN following a tip off and we decided to do a discreet investigation without the knowledge of the three bank managers”.

“Some of the cash like the one found in the new generation bank is in dollar. The question the three bank managers have been unable to answer is how come the funds were secretly kept in the vaults of the bank and not paid into any valid account? How can a bank manager keep up to N200b in the vaults of the bank secretly without documentary or official record of how the money got to the bank? How do you manage such funds for years in your branch and claim you know nothing about the existence of such huge funds? It does not add up”.

The source said the CBN after its investigations will invite the EFCC if any case of culpability is established.

The discovery of the cash deposits inside sources confided in our reporter was made possible by some inside bank staffs who felt the bank managers were not sharing part of the Commission they were getting from Akpabio on the illegal storage of the funds.

It was gathered that most of the money were laundered when Akpabio was Governor.
Efforts to get the reaction of the Uyo Regional Managers of UBA bank, Polaris Bank and the other new generation bank proved abortive as all three declined to speak with our reporter on the issue insisting it was an “internal affairs”.

Source : http://igberetvnews.com/478469/breaking-cbn-probes-sen-akpabio-n865b-deposit-uba-polaris-invite-efcc/

Corruption is a cankerworm in the Nigerian Polity. If Politicians are made to answer for their wrong doings, Nigeria will definitely be a better place.


I stand with good governance.

Same Akpabio that's celebrated by APC and its minions. Worst is when you hear the humongous thief shouting PDP destroyed Nigeria for 16 years. APC is evil.

That's why he ran to APC. They Will use brooms to sweep the issue Away.

Warsaw?

bedspread:
WARSAW SAWWAR IS NOW IN Apc!!

The Efcc and others have long Turned Blind Eyes to Him....

But One day!! He will pay for His Crimes!

Bayajidda1:
Warsaw?

Aka Akpabio

Johnathan caused all these..his regime was a regime of bad faith..misdirection.misruleship and a colossal failure..people were just looting money massively..he was there as a figure head...

bedspread:
Aka Akpabio

That Akpabio na full time hypocrite and all Hypocrites are housed in APC. So he's on point, well and at home in APC.

oyin44:
Johnathan caused all these..his regime was a regime of bad faith..misdirection.misruleship and a colossal failure..people were just looting money massively..he was there as a figure head...

GEJ Caused!
Who is Causing the criminals from being caught??
Let's be Wise

That is more than $2b. Unbelievable.

Trash thread!
Which sane bank will keep the humongous amounts being pedded in its vault? The risk associated with keeping that kind of money in a vault far outweighs the insurance cover on it and no bank will pay such.

Speechless

But CBN governor is his right hand man

Since the EFCC and federal government have given a blind eyes about it

Thanks to cbn

Buhari an evil fraudulent corrupt President

^^^
Aboki money changer don use Nokia 3310 calculator convert de money sharp sharp.

What is 2 billion pounds to this wasteful government?
When Ibe Kachikwu wrote a memo to Buhari to report the illegal award of $25 billion dollars contracts, did Buhari not look the other way and acted like it was all chicken feed?

He can "believe" Dasuki's looting cock and bull story, but this one here is unbelievable.

I know the amount would be considered too much considering he only get paid N30k monthly for all his nuisance on NL.

Fake news PDP still pained cos he defected and they knows with him in Apc 2019 belongs to Apc in Akwa ibom

























If you like pray for 40 days and night before election...the same way he rig for Udom in 2015, is the same way he will rig him out

Akpabio right now

SolutionMee:


I said it. Akpabio is an international armed robber covering his stolen and looted funds with politics. However, I won't support the move of sending him to jail or giving him life imprisonment. He should be surrendered to the masses. Jungle justice won't be a bad idea.

SECONDED

GavelSlam:
And people believe this cock and bull story.

Do you know what 865 billion Naira is?

2 billion pounds?

As I ehn, people just want to believe anything.
So the CBN is now the body authorized for such activities when we already have EFCC and ICPC.

BTW, how did CBN get to visit these banks' vaults and see Akpabio as the owner?

I hate lies with passion and this is one of it.

Omeokachie:
^^^
Aboki money changer don use Nokia 3310 calculator convert de money sharp sharp.

What is 2 billion pounds to this wasteful government?
When Ibe Kachikwu wrote a memo to Buhari to report the illegal award of $25 billion dollars contracts, did Buhari not look the other way and acted like it was all chicken feed?

He can "believe" Dasuki's looting cock and bull story, but this one here is unbelievable.

I know the amount would be considered too much considering he only get paid N30k monthly for all his nuisance on NL.

First of all Akpabio stole money when he was the governor before this regime so don't put it on this government as u quoted above.
Also, if u are sincere with yourself you will understand that the story is fake because CBN cannot be moving through cash vaults of banks asking where the money came from. When have u ever heard of such move by the CBN?
Answer these questions...
HOW DID THEY KNOW THAT THE MONEY WAS AKPABIO'S SINCE IT IS UNRECORDED AND UNDEPOSITED?

HOW IS IT THAT THEY DISCOVERED THE TWO AT SAME TIME THOUGH FROM DIFFERENT BANKS? WERE THEY LOOKING FOR HIS CASH?

Lemme ask you this question...How much was the total revenue of Akwa Ibom when Akpabio was the governor
Was the total amount up to or more than this figures posted here? If it was more which money did he used to do some developmental work he did during his tenure?

Please answer with sincerity because this is what we all should be doing, not insulting ourselves when we should be constructive in our arguments.

oyin44:
Johnathan caused all these..his regime was a regime of bad faith..misdirection.misruleship and a colossal failure..people were just looting money massively..he was there as a figure head...

ewu Hausa.if you no mention Jonathan name make you no sleep.

even na Oga jona make your mama born you slowpoke