EFCC seizes Okowa’s passport, grants him bail

Delta State Governor, Ifeanyi Okowa

The Economic and Financial Crimes Commission has withheld the international passport of the former governor of Delta State, Ifeanyi Okowa.

Okowa was arrested by the anti-graft agency on November 4, 2024, over an alleged diversion of N1.3tn derivation fund.

The N1.3trn amounted to a 13 per cent derivation fund from the federation account between 2015 and 2023.

He was also accused of failing to render accounts of the funds as well as another N40bn he allegedly claimed he used to acquire shares in UTM Floating Liquefied Natural Gas.

 

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