Tompolo is to be arrested in connection with a multi-billion naira fraud involving land contracts for the construction of a Nigerian Maritime University (NMU).
According to SR, the former Niger Delta militant, had bank accounts belonging to him frozen by the Economic and Financial Crimes Commission (EFCC).
According to reports at the time, two companies linked to Tompolo, Mieka Divers Ltd and Global West Vessel Specialists Nigeria Ltd, had their accounts frozen by the EFCC because of their use in fraudulent exchanges.
The EFCC said it wishes to question Tompolo about the illicit sale of N13 billion in land from him to the federal government. According to reports, the FG wanted to construct the Nigerian Maritime University (NMU) and had diverted public funds through the Nigerian Maritime Administration and Safety Agency (NIMASA) to the militant.
Tompolo is reportedly hiding in the Niger Delta creeks; he has rejected all insinuations that the land deal was fraudulent, asking the EFCC to contact former President Goodluck Jonathan for clarification.
On Thursday, December 10, 2015, Tompolo was wanted for questioning by the EFCC and had refused to honor their invitation claiming he was in court against the antigraft body.
Meanwhile, former Niger Delta militants have called on President Muhammadu Buhari to prevail on the EFCC to desist from plaguing the ex-militant leader, Tompolo.
According to the former agitators who met under the auspices of the Transformed Niger Delta Ex-militants Forum, some people who were envious of Tompolo wrote a petition against him to the anti-graft agency. They also urged the EFCC to follow the rule of law in its dealings with the ex-militant Lord.
Tompolo who has been taken to court on a 40-count criminal charge of unlawful conversion, was charged alongside Patrick Akpobolokemi, a former boss of the Nigerian Maritime Administration and Safety Agency (NIMASA).