Operatives of the Economic and Financial Crimes Commission, have arrested a former governor of Delta State, Ifeanyi Okowa, over the alleged diversion of N1.3trillion derivation fund.
The N1.3trillion amounted to a 13 per cent derivation fund from the federation account between 2015 and 2023 including failing to render accounts of the funds he allegedly claimed he used to acquire shares in UTM Floating Liquefied Natural Gas.
Okowa was at the EFCC office in Port Harcourt, Rivers State and was subsequently arrested by officials of the commission.
The EFCC’s spokesperson, Dele Oyewale, confirmed his arrest but declined further comments on the matter.
One Response
Arresting of Ifenayi Okowa the formal PDP governor in Delta State/vice president of ALHAJI ATIKU ABUBAKAR is to silent the opposition. Why APC failed to arrest Yaya Bello the formal governor of Kogi State is because the money he siphon in the state was used to sponsored PRESIDENT BOLA TINUBU election.