N400 Million Fraud: ICPC arraigns NABDA ex-DG Akpa, others

The Independent Corrupt Practices and other related offences Commission (ICPC) on Wednesday arraigned Alex Akpa, a former acting director-general, National Biotechnology Development Agency (NABDA), and others over alleged N400 million fraud.
Mr Akpa, Famous Daunemigha, ex-member, Governing Board of NABDA and Wesley Ebi Siasia, ex-director, finance and accounts of the agency, were arraigned on four-count amended charge before Justice Inyang Ekwo of the Abuja Division of the Federal High Court.
The trio, who are first to third defendants, respectively, pleaded not guilty to the charges.
Counsel to the anti-corruption commission, O.G. Iwuagwu, informed that seven witnesses had been lined up to testify against the defendants.
Mr Ekwo consequently admitted them to bail on terms of the administrative bail earlier granted them by the commission.
The judge directed that all the particulars of the defendants be forwarded to the court registrar within seven days of the order.
The judge, who warned the defendants against breaching the bail conditions, said the trial would be on a day-to-day basis.
He adjourned the matter until March 6, 7, 8, 9, and 10 for trial.
The ICPC, in the amended charge, marked: FHC/ABJ/CR/302/22 dated and filed November 1, had alleged that the defendants, sometime in August 2020, within the court jurisdiction while being public officers, indirectly took possession of the sum of N400 million meant for the establishment of four Bioresources Development Centers in four states of the federation.
In count two, the commission accused Mr Akpa of indirectly taking possession of N260 million being part of the sum of N400 million.
While the ICPC accused Mr Daunemigha of embezzling N50 million from the N400 million, Mr Siasia was alleged to have taken possession of N40 million from the amount.
The commission said the act contravened section 18 (2) (d) and was punishable under Section 18 (3) of the Money Laundering (Prevention and Prohibition) Act, 2022.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

States
Scores of bandits killed, ammunition recovered in Sokoto: Police
He stated that no casualties were recorded on the side of the security forces or villagers.

NationWide
NPC chairman’s death painful loss to Nigeria, says information ministerÂ
Mr Yusuf was sworn in as the eighth substantive chairman of the commission by President Bola Tinubu on December 3, 2025.

States
Kogi@35: Group urges govt to boost tourism, transport, housing
The organisation expressed concern over the condition of roads in the state.

Agriculture
Women farmers need easier access to land: Ebonyi IFAD–VCDP
The SPC noted that most women pay for or rent land to cultivate.

NationWide
NSIWC, PTDF partner on capacity building, human development
The chairman said the two institutions have strategic roles to play in human capital development.







