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Okowa Returns To EFCC Over Alleged N1.3trn Derivation Funds Probe

Ejike Ejike by Ejike Ejike
3 hours ago
in News
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Former governor of Delta State, Senator Ifeanyi Okowa, on Monday visited the Lagos Directorate 1 office of the Economic and Financial Crimes Commission (EFCC) in Ikoyi as investigations into the alleged diversion of N1.3 trillion in 13 per cent derivation funds continue.

Sources within the anti-graft agency disclosed that Okowa’s appearance at the commission’s office on Awolowo Road is linked to the ongoing probe of funds allegedly received by Delta State from the Federation Account between 2015 and 2023 during his administration.

The former governor was previously arrested by the EFCC on November 4, 2024, and detained for questioning at the commission’s Port Harcourt Zonal Directorate as part of the investigation.

According to sources familiar with the matter, Okowa’s latest visit was primarily aimed at securing the release of his international passport.

He reportedly informed investigators that he needed to travel abroad for urgent medical treatment.

However, it could not be immediately confirmed whether the EFCC approved the request or returned the travel document.

Efforts to obtain official comments from EFCC spokesperson, Dele Oyewale, were unsuccessful as calls placed to his phone were not answered at the time of filing this report.

The investigation into the alleged diversion of N1.3 trillion in derivation funds remains one of the EFCC’s most high-profile corruption cases involving former public office holders.

The Commission is examining claims of mismanagement and possible diversion of oil revenue allocations meant for Delta State during the eight-year tenure of the former governor.

 

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Ejike Ejike

Ejike Ejike

Ejike Ejike is a Senior Reporter with Leadership Newspaper with over 12 years of experience, specialising in crime, transport, security, and maritime reporting. He is recognised for in-depth analysis that goes beyond surface-level coverage, with a commitment to accuracy and factual reporting that has established him as an authority across his beats.

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