₦1.3 Trillion Fraud: EFCC Arrests Former Delta Governor Okowa

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Former Delta Governor Ifeanyi Okowa Arrested by EFCC for Alleged N1.3 Trillion Corruption Case

The Economic and Financial Crimes Commission (EFCC) has detained former Delta State governor Ifeanyi Okowa over allegations of embezzling public funds during his tenure. Okowa, who was the vice-presidential candidate for the Peoples Democratic Party alongside former Vice President Atiku Abubakar in the 2023 elections, was reportedly taken into custody at the EFCC’s Port Harcourt division.

EFCC spokesperson Dele Oyewole confirmed the arrest, noting that Okowa faces accusations of looting and amassing assets worth N1.3 trillion. The alleged illicit assets reportedly include substantial shares in UTM Floating Liquefied Natural Gas Company and other oil industry investments.

It remains unclear if Okowa has sought legal representation, and his spokesperson has not yet provided any comment on the arrest.

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