Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested Ifeanyi Okowa, the former governor of Delta State, over allegations of diverting N1.3 trillion. The funds, part of the 13% derivation fund earmarked for oil-producing states, were allegedly misappropriated between 2015 and 2023. Okowa was detained in Port Harcourt after honoring an invitation from the EFCC. The investigation is ongoing, with sources indicating that the funds were used to acquire properties and shares.
Stay tuned for more updates on this developing story.
