The acting Director-General of the National Biotechnology Development Agency, Prof. Alex Akpa, has been arrested by the Independent Corrupt Practices and other related offences Commission for allegedly defrauding the Federal Government of N400m.
A statement by the commission said it’s investigations revealed that the money, which the DG claimed to be an intervention fund for the biotechnology agency, was shared by Akpa, a professor of Microbiology and Biotechnology, and some top management staff of the agency.
The statement titled, ‘Microbiology professor in ICPC net over N400m fraud,’ signed by the commission’s spokesperson, Mrs. Azuka Ogugua, said Akpa was arrested by operatives to answer questions on “how the said amount belonging to the government could disappear under his watch.”
He is also responding to questions bordering on conspiracy and abuse of office.
The statement read in part, “His actions are contrary to and punishable under sections 19 and 26 of the Corrupt Practices and Other Related Offences Act, 2000.
“Further investigations into the acting DG’s alleged fraudulent activities are still ongoing and the commission will take appropriate action once they are concluded.”