Engr. Stephen Achema Akpa has formally demanded the repayment of ₦120,000,000.00 from Mr. Jamiu Abdulkareem Asuku, former Chief of Staff to the immediate past Kogi State Governor, Yahaya Adoza Bello, over an unresolved financial transaction arising from a business engagement between both parties.
In a statement on Saturday, Engr. Akpa stated that it has become necessary to place the facts on public record following recent statements attributed to Mr. Asuku, which, according to him, failed to address the substance of the matter.
According to Engr. Akpa, Mr. Asuku has publicly acknowledged entering into a business arrangement with him and equally admitted that the sum of ₦120 million remains outstanding. Rather than settling the obligation, Mr. Asuku allegedly resorted to personal and defamatory remarks, including claims questioning Engr. Akpa’s mental stability, after formal demands were made for the return of the funds.
Engr. Akpa described such remarks as unprofessional, unethical, and inconsistent with acceptable standards of business conduct.
He clarified that the ₦120,000,000.00 in dispute was transferred directly into Mr. Abdulkareem Asuku’s personal bank account and not paid to any third party. The payment, he said, was made in good faith for a clearly defined business engagement to be facilitated by Mr. Asuku, reportedly in collaboration with an associate identified as Quincy.
Despite repeated demands, extended timelines, and opportunities for amicable resolution, Engr. Akpa stated that neither the agreed deliverables nor a refund of the funds has been provided.
“This matter is not about social media exchanges or personal attacks. It is about a verifiable ₦120 million paid directly to Mr. Asuku’s bank account, which remains unpaid,” Engr. Akpa said.
He further condemned alleged threats, abusive language, and attempts at intimidation linked to Mr. Asuku’s public remarks, stressing that such actions do not absolve any party of financial or contractual responsibility.
Engr. Akpa noted that references to unrelated matters, including land ownership and contract procedures, only emerged after sustained pressure for repayment intensified, describing such claims as diversionary.
He reiterated his commitment to resolving the matter through lawful and peaceful means but warned that continued delay, public misinformation, or hostile conduct may leave him with no alternative than to pursue all available legal remedies.
“The demand is simple and clear: the immediate return of my ₦120,000,000.00. Anything short of this constitutes a breach of trust and contractual obligation,” he concluded.
