The operatives of the Economic and Financial Crimes Commission (EFCC) have arrested the immediate past governor of Delta State, Ifeanyi Okowa, over the alleged diversion of N1.3 trillion derivation fund.
It was gathered that Okowa, the vice presidential candidate of the Peoples Democratic Party (PDP) in the 2023 election, was arrested on Monday, November 4, 2024.
The N1.3 trillion amounted to a 13 per cent derivation fund from the federation account between 2015 and 2023.
EFCC recovers N248bn, $105m, secures 3,455 convictions in one year
Credible sources disclosed that Okowa was at the EFCC office in Port Harcourt, the Rivers State capital, on Monday and was subsequently arrested by officials of the anti-graft agency.
“Okowa was at our Port Harcourt office following the invitation of the investigators probing the allegations against him. He was then arrested,” one of the sources said.
The former governor’s arrest was also confirmed by the EFCC’s spokesperson, Dele Oyewale.
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