This document is a petition from Barr. Leo Ekpunyong to the Chairman of the Economic and Financial Crimes Commission alleging gross abuse of public trust and diversion of taxpayer funds by former Governor Godswill Akpabio of Akwa Ibom State. It details numerous luxury properties registered in Akpabio and his associates' names that were allegedly purchased with stolen state funds, including 44 luxury flats and 27 estates. It questions the source of funding for Akpabio's rapidly growing real estate business and calls for an investigation and prosecution of those involved in corruption.
This document is a petition from Barr. Leo Ekpunyong to the Chairman of the Economic and Financial Crimes Commission alleging gross abuse of public trust and diversion of taxpayer funds by former Governor Godswill Akpabio of Akwa Ibom State. It details numerous luxury properties registered in Akpabio and his associates' names that were allegedly purchased with stolen state funds, including 44 luxury flats and 27 estates. It questions the source of funding for Akpabio's rapidly growing real estate business and calls for an investigation and prosecution of those involved in corruption.
This document is a petition from Barr. Leo Ekpunyong to the Chairman of the Economic and Financial Crimes Commission alleging gross abuse of public trust and diversion of taxpayer funds by former Governor Godswill Akpabio of Akwa Ibom State. It details numerous luxury properties registered in Akpabio and his associates' names that were allegedly purchased with stolen state funds, including 44 luxury flats and 27 estates. It questions the source of funding for Akpabio's rapidly growing real estate business and calls for an investigation and prosecution of those involved in corruption.
This document is a petition from Barr. Leo Ekpunyong to the Chairman of the Economic and Financial Crimes Commission alleging gross abuse of public trust and diversion of taxpayer funds by former Governor Godswill Akpabio of Akwa Ibom State. It details numerous luxury properties registered in Akpabio and his associates' names that were allegedly purchased with stolen state funds, including 44 luxury flats and 27 estates. It questions the source of funding for Akpabio's rapidly growing real estate business and calls for an investigation and prosecution of those involved in corruption.
The Chairman, Economic And Financial Crimes Commission, Abuja. PETITION AGAINST FORMER GOVERNOR GODSWILL AKPABIO OF AKWA IBOM STATE FOR GROSS AND UNCOMMON ABUSE OF PUBLIC TRUST Sequel to our earlier petitions dated June 8th and 22nd respectively, we have discovered uncommon diversion of Akwa Ibom tax-payers monies for the acquisition of massive (real estate) properties by Godswill Akpabio and his surrogates, as hereinunder itemized: (a) Eleven blocks of four (4) luxury flats each, making it a total of 44 luxury flats, registered in the name of Prince Ukpong Akpabio. The location is Woji, Port-Harcourt in Rivers State. It is worthy of note that former Governor Godswill Akpabio owns a total of 27 Estates different from the ones mentioned in our earlier petitions. Some of the housing Estates have between 25 to 75 high rise premium units, pictures of which will be supplied. These estates are located in the Lekki area (Ikate Elegushi Estate) Horizon Lekki Phase I, near Pan African University off Chevron roundabout. Others are Banana Island in Ikoyi; Gbagada on the mainland as well as Ogunlana Drive on the mainland.
Brief Historical Analysis of Godswill Akpabios Real Estate
Investments. The trading name of the investment is Lekki Gardens. What is Lekki Gardens as at today started as a budding, middle market real estate, consultancy called GTRich Investment Limited in 2009. By 2012, the consultancy apparently received a huge capital injection and metamorphosed into the most ambitious real estate empire in Lagos, Abuja and Port-Harcourt. As at today, within a space of five years, the small cap business is a multi-billion US dollar company, whose investment spans over 27 up market, top echelon real Estates across Nigeria. At this juncture, we ask what informed the astronomical growth of former Governor Godswill Akpabios real estate business and where the investment capital came from? The public face of the business owes the Nigerian public an explanation on its source of funding. In expanding its operations, GTRich consulting Limited under its new name, GTRich Investment Ltd moved into property development in 2010 with the introduction of Lekki Gardens. Since its inception in 2012, Lekki Gardens has developed massive home offerings and also has to its credit various properties within the Lekki/Ajah axis such as the Lekki Gardens Schemes 1,2,3 and 4 and the much coveted, the Horizon project all aimed at providing individual, small and large families alike luxury homes they can afford. In 2013, the company also introduced its Ikoyi Gardens and Mainland Gardens projects in the luxurious neighbourhoods of Ikoyi and GRA Ikeja respectively as well as its
pilot project in Port-Harcourt, called
Lekki Gardens, Port-
Harcourt. These estates, it must be pointed out combine premium,
residential homes and apartments in the heart of the Lekki Model City
with
beautifully
planned
layout
and
outstanding
infrastructural facilities. The frontline surrogate of this multi-million-dollars real estate business empire is a young man called Richard Nyong, an associate of Mr. Etekamba Umoren, Akwa Ibom State SSG, who is also an indigene of Akwa Ibom State with no known deep-rooted, blue-blood or business background. More details about this surrogate business man will be supplied as the need arises. (a) Former Governor Godswill Akpabios real estate business interests have unobtrusively blossomed throughout the length and breadth of Nigeria to include a multi-billion naira event centre called the DOME located opposite Edward Nnaji Park in New Heaven Area of Enugu in Enugu State. Another multibillion naira estate of two hundred and fifty units of prototype apartments in Oji River Area of Enugu state has been linked to the former First Lady of Akwa Ibom state, Mrs. Ekaette Unoma Akpabio.
This
estate
is
built with
State
of
the
art,
infrastructure to include Street lightings, tarred roads to
mention but a few. It would be recalled that until the providential ascendancy of former Governor Akpabio to limelight politically, his spouse Unoma Akpabio had no known, meaningful profession or business concern
that would have translated to these humongous and uncommon
filthy lucre. To this end, we urge you to expedite action in your investigations and prosecute the dramatis personae mentioned herein, as they have collectively robbed the good people of Akwa Ibom of their commonwealth, with a view to bringing them to book. The records of corruption and stealing linked to the former Governor Akpabio administration is seemingly inexhaustible. As earlier stated, we will leave nothing to chance to give you all the needed information to unravel and recover the looted funds. Justice delayed, they say is Justice denied. Against this background, let me remind you that time is of the essence. Accept the assurances of our warmest regards. Yours truly,
BARR. LEO EKPENYONG
Principal Partner. CC: (1)
(2)
President Muhammadu Buhari(GCFR),
President and Commander-in-Chief of the Federal Republic of Nigeria. Lawal Daura, Director General, State Security Services
