EFCC Confiscates Okowa’s Passport After Fraud Allegations
The EFCC seized former Delta State Governor Ifeanyi Okowa’s passport amid allegations of a massive fund diversion. Officials arrested Okowa on November 4, 2024, for allegedly misappropriating N1.3 trillion in derivation funds from 2015 to 2023. He also faces accusations of misusing additional funds to buy shares in UTM Floating LNG.
Bail Conditions Set for Former Governor
Following his arrest in Port Harcourt, Okowa met bail conditions, one of which included surrendering his travel documents. According to EFCC sources, his release was granted last Wednesday. The EFCC’s actions are in line with preventing flight risks in high-profile investigations, particularly given the substantial amount involved in the allegations.
Governor Okowa Refutes Claims
Speaking publicly on the issue, Okowa dismissed the allegations, describing them as unfounded and politically motivated. Okowa addressed supporters and the Urhobo Progress Union (UPU) leadership during their visit to him in Asaba. He expressed confidence that he would ultimately be exonerated of all accusations. Okowa attributed the allegations to political opponents attempting to damage his reputation. He reassured his supporters of his dedication to transparency and integrity throughout the investigation.
Support from Urhobo Progress Union
UPU President General Chief Ese Owe expressed solidarity with Okowa and thanked him for supporting Governor Sheriff Oborevwori’s emergence. Okowa reaffirmed his commitment to Delta State’s development to the UPU. He also voiced strong confidence in Governor Oborevwori’s leadership and vision for the state.
Okowa Addresses Financial Misappropriation Claims
Okowa countered claims of diverting N1.3 trillion, describing the figure as exaggerated and implausible for any Delta governor. He cited financial challenges during his term, particularly from 2015 to 2017, when state funds were insufficient to meet salary obligations. Okowa added that he prioritised salaries and pensions, which reached over N11 billion monthly.
EFCC’s Investigation to Continue
The EFCC will conduct a thorough investigation into Okowa’s alleged fund diversion as part of its anti-corruption efforts. Okowa maintains his innocence, but the investigation will proceed as planned. The EFCC remains committed to ensuring accountability under Nigeria’s anti-corruption mandate.
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