• About
  • Advertise
  • Our Privacy Policy
  • Contact
Friday, April 10, 2026
No Result
View All Result
  • Login
  • Register
MetrowatchXtra
  • WORLD
  • BUSINESS
  • POLITICS
  • HEALTH
  • SPORTS
  • OP-ED
  • ENTERTAINMENT
  • WORLD
  • BUSINESS
  • POLITICS
  • HEALTH
  • SPORTS
  • OP-ED
  • ENTERTAINMENT
No Result
View All Result
MetrowatchXtra
No Result
View All Result
Home Latest News

Alleged N250m fraud: Appeal Court Upholds Senator’s 42 Years Jail Term, Orders Arrest | METROWATCH

Ogochukwu Isioma by Ogochukwu Isioma
June 24, 2023
0 0
0
•Bassey Albert Akpan

•Bassey Albert Akpan

The Calabar Division of the Court of Appeal, on Friday, June 23, 2023 upheld the conviction of Senator Bassey Albert Akpan on money laundering charges by a Federal High Court, Uyo, Akwa Ibom State and ordered his arrest.

METROWATCHXTRA.COM recalls that Justice Agatha Okeke had on December 1, 2022, found Senator Akpan, then governorship candidate of the Young Progressive Party, YPP, guilty of seven-counts of money laundering preferred against him by the Economic and Financial Crimes Commission, EFCC and sentenced him to 42 years imprisonment, without an option of fine.

Akpan was prosecuted on allegation of receiving vehicles valued at N240 million as bribe from companies linked to one Olajide Omokore, a contractor who executed a N3Billion contract for the Government of Akwa Ibom State whilst Senator Bassey was Commissioner for Finance and Chairman of the Inter-Ministerial Direct Labour Coordinating Committee.

READ ALSO  INEC Prays Court to Vary Order on Inspection of Election Materials

The offence, according to the EFCC, contravenes Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and is punishable under Section 15 (3) of the same Act.

However, dissatisfied with the judgment, Senator Akpan on December 29, 2022, approached a Vacation Court in Port Harcourt, Rivers State, presided over by Justice S. I. Mark of the Federal High Court and secured a post-conviction bail on health grounds.

But upon release from prison, Senator Akpan continued with his campaign to be governor of Akwa Ibom State and subsequently approached the Appellate Court in Calabar, to set aside the judgment of Justice Okeke.

While arguing against the appeal, counsel to the EFCC, Ekele Iheanacho urged the Court to uphold the judgment of the lower court, dismiss the appeal and revoke the said bail granted to Senator Bassey on the grounds that “the prosecution proved its case beyond reasonable doubt and the charge was validly filed”.

Delivering judgment today, the three-man panel of the Appellate Court, led by Justice Raphael Chikwe Agbo JCA (alongside Hamma Akawu Barka and Balkisu Bello Aliyu JJCA), upheld the conviction of Senator Akpan but varied the sentence by granting the appellant an option of fine.

READ ALSO  Delta Youth Parliament Urges Enhanced Health Care, Education for Rural Dwellers

The Court also affirmed that the appellant should restitute the sum of N240 million to the Federal Government through the EFCC and that the said restitution shall not be a prerequisite for his release from the correctional facility.

The Court finally revoked the bail and ordered the arrest of Senator Akpan.

Tags: Bassey Albert AkpanCourtEFCCMoney Laundering
Ogochukwu Isioma

Ogochukwu Isioma

Ogochukwu Isioma is a Bachelor's degree holder in Linguistics (Hons) from the University of Benin, and a Master's student in International Affairs and Diplomacy at the Amadu Bello University, Zaria. With over half a decade-long active journalism practice, Ogochukwu is the Founder and Publisher of popular education-focused online medium, CAMPUS GIST, and currently writes for METROWATCH. He can be reached via ogochukwuisioma@gmail.com.

RELATED POST

2027: Tinubu a Problem for El-Rufai’s Family, APC Chieftain Reveals 
JUDICIARY

El-Rufai Back in ICPC Custody as court Fixes April 14 for Bail Ruling

by Kemi Sheriepha
April 1, 2026
0

The Federal High Court sitting in Kaduna has scheduled April 14 for ruling on the bail application of former Kaduna...

Read moreDetails
EFCC insists on Retrial of Sule Lamido by Former Judge

EFCC insists on Retrial of Sule Lamido by Former Judge

April 1, 2026
EFCC Chairman, Official Risk Jail Term Over Contempt of Court

How EFCC Stopped Contractor from Using Fake Transmission Lines

March 26, 2026
$300m Abacha Loot: Court Dismisses Suit against Malami, Others

Malami Condemns EFCC Invasion of His Premises

March 24, 2026
CBN: Emefiele Owns 753 Duplexes, Abuja Estate Forfeited to EFCC, Sowore Confirms

EFCC Issued Final Order to Produce Witness against Emefiele or Close Case

March 17, 2026
FCT Senator-elect Extends Hands of Fellowship to Contestants

2 ADC Ward EXCOs Pray Court to Stop Senator Kingibe from Parading Self as Party Member

March 14, 2026
Load More

APO

Recent Posts

  • Russia, Ukraine Agree to 32-hour Orthodox Easter Ceasefire
  • Nigeria–Ghana Onion Trade Resumes after 5-Day Suspension
  • Pakistan Prepares to Host US-Iran talks, as Lebanon Fighting Continues
  • Gov Okpebholo, Oshiomhole, Tenebe, Ikhilor Others Pay Deputy Gov Condolence Visits over Mother’s Death
  • Tinubu Confirms Killing of Brig-Gen Braimah by ISWAP in Borno

Recommended

Dammy Krane

Davido Responsible for My Arrest — Dammy Krane cries out | METROWATCH

2 years ago
Global Terrorism Index: Nigeria’s Ranking Improves as Boko Haram Killings Dip By 72% – Report

Soldiers allegedly Open Fire on Civilians in Imo

4 years ago
MetrowatchXtra

MetrowatchXtra is an online daily newspaper poised to act as a catalyst in our debate and desire for well-governed Nigeria and provide the much-needed platform for all, irrespective of social, religious or political divide, to express their views.
Metrowatchxtra Nigeria

  • About
  • Advertise
  • Our Privacy Policy
  • Contact

© 2026 Metrowatchxtra Nigeria Published by Miraculous Media Connect Limited. All rights reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Politics
  • World
  • Business
  • Science
  • Entertainment
  • Sports
  • Tech
  • Health

© 2026 Metrowatchxtra Nigeria Published by Miraculous Media Connect Limited. All rights reserved