The Economic and Financial Crimes Commission  (EFCC) has arrested a Former Minister of Commerce and Industry, Charles Ugwu, for alleged conspiracy and loan fraud to the tune of 3.6 billion naira.

According to a statement by the Head of Media and Publicity of the Commission, Dele Oyewale, the ex-minister was arrested with  Geoffrey Ekenma  in Imo State.

Recall that Ugwu was appointed minister by Late President Umaru Yar’adua and was sacked after a cabinet reshuffle that affected 19 other ministers.

Categories: National News

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