The Economic and Financial Crimes Commission (EFCC) has arrested Stephen Acheme Akpa, Chief Executive of Zoe New Dawn Nigeria Limited, for alleged Five Hundred Million Naira (N500, 000,000) land fraud.

Akpa was first arrested by the Commission on December 2, 2022, at his office in the Idu axis of Abuja, following a petition alleging that he obtained the sum of N500,000,000 under false pretences.

He was to be arraigned on a five count charge when he jumped the administrative bail offered by the Commission.

All efforts to apprehend him proved futile until August 9, 2023, when he was rearrested.

He will soon be arraigned in court.