The Economic and Financial Crimes Commission, EFCC, has taken a former Delta State Governor, Senator Ifeanyi Okowa, into custody in Port Harcourt, Rivers State over alleged misappropriation/embezzlement of billions of naira belonging to the state during his tenure.
A source familiar with the matter told Gistcore, asking to not be identified.
The Economic and Financial Crimes Commission, EFCC, has arrested Ifeanyi Okowa, Peoples Gazette heard on Monday.
Officials said that the former Delta governor was taken into custody at the Port-Harcourt division of the anti-graft office. Spokesman Dele Oyewole confirmed the detention of the politician.
Mr Okowa, vice-presidential candidate to former vice-president Atiku Abubakar on the platform of the main opposition Peoples Democratic Party in the 2023 general elections, was said to have used his office as governor to loot and acquire assets up to N1.3 trillion.
Some of the assets included massive shares in UTM Floating Liquefied Natural Gas Company, among other investments in the oil sector.
It was unclear whether or not Mr Okowa had contacted his lawyer. A spokesman for the former governor did not immediately return a request seeking comments from The Gazette about the development
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