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EFCC nabs Stephen Acheme Akpa for N500m land fraud

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The Economic and Financial Crimes Commission (EFCC) has arrested one Stephen Acheme Akpa, the Chief Executive of Zoe New Dawn Nigeria Limited, for alleged N500 million land fraud.

Head of Media and Publicity of EFCC, Wilson Uwujaren disclosed this in a statement on Monday.

The EFCC said Akpa was first arrested by the commission on December 2, 2022, at his office in the Idu axis of Abuja, following a petition alleging that he obtained the sum of N 500 million under false pretence.

“He was to be arraigned on a five-count charge when he jumped the administrative bail offered by the commission.

“All efforts to apprehend proved futile until August 9, 2023, when he was rearrested.

“He will soon be arraigned in court,” the EFCC said.

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