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.
