ICPC arrest DG for misappropriating N400 million

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The Independent Corrupt Practices Commission has apprehended the acting Director-General (DG) of the National Biotechnology Development Agency (NABDA), Alex Akpa, for allegedly misappropriating N400 million belonging to the Federal Government.

In a statement signed by the commission’s spokesperson, Azuka Ogugua, on Wednesday, the agency said it is also investigating the official for abuse of office.

According to the report, Mr Akpa, a professor of microbiology, was arrested by the commission’s operatives to answer questions on how the said amount was misappropriated under his watch.
The ICPC investigations revealed that the money, which the acting DG had claimed to be an intervention fund for the biotechnology agency, was diverted into private pockets.

Investigation by the ICPC also revealed that the money was diverted into private pockets.

The commission also accused Mr Akpa, who was recently appointed in June, to have allegedly shared the money with top-ranking officials of the agency.

The commission said his offence is contrary to and punishable under sections 19 and 26 of the Corrupt Practices and Other Related Offences Act, 2000.

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