Regional News of Tuesday, 5 November 2024

Source: www.mynigeria.com

Where is Yaya Bello? - Nigerians ask as EFCC arrests ex-Delta Gov Okowa for alleged fraud

Former Governor of Delta State, Ifeanyi Okowa Former Governor of Delta State, Ifeanyi Okowa

A section of social media users have been reacting to the arrest of the former Governor of Delta State, Ifeanyi Okowa, by operatives of the Economic and Financial Crimes Commission (EFCC).

The anti-graft agency picked the former vice-presidential running mate for alleged
diversion of N1.3 trillion 13% derivation fund from the federation account between 2015 and 2023.

His arrest was confirmed by an EFCC source to the press on Monday, November 4.

The news of his arrest has since sent shock waves across social media, with Nigerians reacting differently.

Reports indicate Okowa was arrested in Port Harcourt, Rivers State, when he was reported to the Port Harcourt Directorate of the EFCC on the invitation of investigators handling his matter.

The former governor was alleged to have failed to render accounts of the funds, as well as another N40 billion he allegedly claimed he used to acquire shares in UTM Floating Liquefied Natural Gas.

Specifically, Okowa allegedly bought shares worth N40 billion in one of the major banks in the country, representing 8% equity to float the offshore LNG. The funds were alleged to be used for other purposes.

Investigators are also looking into the diversion of funds by the former governor to acquire estates in Abuja and Asaba in Delta State.

Check out how a section of social media reacted

Obinnajnr01 commented: Efcc is good in levelling Bogus allegations on past politicians whom aren't in the good books of the current administration and they don't persecute them to the latter in court..Okowa was civil to answer the efcc on invitation. He's being arrested and detained. My question is, where is Yahaya Bello? If Efcc fails to arrest him, the commission should be disbanded with immediate effect.

iambando01 said: Na only Thief my state Governors Sabi

official_easternprince wrote: Where is Yaya Bello? If you are holding 1 as well hold all others

roni_empire commented: @officialefcc make unah hold well this man show us shege for Delta state nothing to show for him tenure……..
Infact nah this year we finally get working governor. And mk unah mk sure say unah arrest Bello join too to balance the equation.

folajimmi said: A whole $700 billion. This man and past politicians have no conscience

Mr_Tinubu wrote: This politicians they go just Dey use money set them selves up. I no say if I stepped down they go say I divert 100 trillions