EFCC Arrests Former Governor Lucky Igbinedion Over Alleged N1.6bn Fraud

The former governor of Edo State, Mr Lucky Igbinedion, has been detained by the Economic and Financial Crimes Commission (EFCC) over an alleged huge fraud. Igbinedion who finished his tenure as governor in 2007 is being grilled at the Abuja headquarters of the EFCC for allegedly diverting public funds to the tune of N1.6 billion.

A loan obtained by the Edo State government is reported to have been diverted to a company, which the former Governor has an interest in. It would be recalled that Mr Igbinedion was also prosecuted in 2008 by the EFCC and convicted of embezzling N2.9 billion belonging to Edo State. He was sentenced to six months’ imprisonment after he pleaded guilty to a one count charge, which was pruned from 191 charges.

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