BREAKING: EFCC Arrests Ex-Delta Governor Ifeanyi Okowa Over Alleged N1.3trillion Diversion

The Economic and Financial Crimes Commission (EFCC) has arrested former Delta State Governor Ifeanyi Okowa amidst allegations of diverting a staggering N1.3 trillion. This development comes after intense pressure from various groups, including an anti-corruption organization and Delta oil communities, urging the EFCC to investigate Okowa’s financial dealings during his tenure.

Allegations Against Okowa

  • Diversion of N1.07 trillion from the 13% oil derivation fund
  • Unaccounted N600 billion borrowed funds
  • Left a debt profile of N480 billion
  • Unpaid ongoing projects worth over N150 billion

The EFCC’s move is seen as a significant step towards addressing the widespread corruption concerns surrounding Okowa’s administration. As investigations unfold, more details are expected to emerge.

See also  Rivers State House of Assembly Reportedly on Fire

Stay tuned for updates on this developing story.

📢 Need publicity for your brand? Contact us on WhatsApp today!
📢 For Sponsored articles and featured stories, Contact us on WhatsApp +2348109682120 today!
📢 For Press release distribution, Contact us on WhatsApp +2348109682120 today!

Leave a Reply

Your email address will not be published. Required fields are marked *