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N1.3tn Probe Heat: Ex-Governor Okowa Storms EFCC Office In Frantic Bid To Retrieve Passport.
Former Delta State Governor Ifeanyi Okowa has reportedly engaged with the Economic and Financial Crimes Commission (EFCC) to facilitate the return of his international passport. While the former governor visited the commission’s Lagos office in relation to an ongoing investigation into alleged financial mismanagement during his administration, sources indicate that a primary objective was to secure travel documents for overseas medical care.....KINDLY READ THE FULL STORY HERE▶
Okowa, who was initially arrested in November 2024 and later released on bail, remains under scrutiny for the alleged diversion of ₦1.3 trillion in 13% derivation funds between 2015 and 2023. Additional investigations center on the unexplained ₦40 billion reportedly utilized for shares in a commercial bank and the UTM Floating Liquefied Natural Gas project. Although Okowa has publicly denied these claims, the EFCC has maintained custody of his passport as the inquiry continues.
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Ifeanyi Okowa, the former Delta State Governor, is reportedly attempting to retrieve his international passport from the EFCC to undergo medical treatment abroad. Okowa, who is currently being investigated for the alleged misappropriation of ₦1.3 trillion in derivation funds and a separate ₦40 billion share-acquisition scandal, visited the anti-graft agency’s Lagos office to discuss the status of his travel documents.
Since his arrest in November 2024, the EFCC has held onto the passport as part of the broader corruption probe. While it remains uncertain whether his request for the document was granted, the former governor continues to maintain his innocence regarding the allegations of financial misconduct that occurred during his 2015–2023 tenure.
Key Takeaways
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Current Status: Okowa visited the EFCC’s Lagos office to address the ongoing investigation and request the release of his international passport for medical reasons.
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The Allegations: The anti-graft agency is investigating the alleged diversion of ₦1.3 trillion in derivation funds and the failure to account for ₦40 billion in corporate share acquisitions.
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Legal Context: The former governor was originally arrested in November 2024, released on bail, and has consistently denied all accusations of financial wrongdoing.
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To execute this overhaul, Tinubu instructed NSC Chairman Shehu Dikko to collaborate with the Nigeria Football Federation (NFF) secretariat on a wide-ranging consultative process, while stressing the necessity of coordinating with FIFA and CAF to avert any penalties related to government interference. This presidential directive closely follows the resignations of NFF President Ibrahim Gusau and General Secretary Muhammad Sanusi.
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