Connect with us

latest

N1.3tn Probe Heat: Ex-Governor Okowa Storms EFCC Office In Frantic Bid To Retrieve Passport.

Published

on

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.

Option 2: Concise & Punchy (Best for Quick Reading)

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

  • 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.

  • 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.

  • Legal Context: The former governor was originally arrested in November 2024, released on bail, and has consistently denied all accusations of financial wrongdoing.

Advertisement

latest

Shocking Claim: Saraki Accuses “Ghost” Lawmakers Of Winning Elections While Maintaining Total Silence In Parliament!.

Published

on

  • Call for Citizen Accountability: Bukola Saraki has encouraged Nigerians to hold all elected officials, not just the President, to a higher standard by closely monitoring and demanding feedback from their representatives.....KINDLY READ THE FULL STORY HERE▶

    • Improving Legislative Quality: He believes that if citizens actively track and demand transparency regarding their legislators’ performance, it will force lawmakers to become more diligent and improve the overall effectiveness of the National Assembly.

    • The Issue of “Silent” Lawmakers: The former Kwara State Governor expressed concern that some lawmakers manage to win re-election every four years despite never contributing to any debates or discussions during their time in the National Assembly.

    • The Electoral Disconnect: Saraki noted a trend where inactive legislators continue to win elections, while those who are productive often fail to get re-elected because they may not meet the specific demands of their constituencies.

    • Need for Systemic Reform: Emphasizing that this legislative reform would cost the government nothing, Saraki argued that voters must prioritize legislative records over personality politics.

    • Importance of Electoral Integrity: Finally, he called for electoral reforms to ensure that the right candidates are chosen, as he believes the quality of those elected is fundamental to building a strong and functional institution.

Continue Reading

entertainment

Music World in Shock: The Industry Giant Who Transformed Global Superstars Has Passed Away!.

Published

on

  • Passing of a Music Icon: Legendary American music executive Clive Davis has passed away in New York City at the age of 94.....KINDLY READ THE FULL STORY HERE▶

    • Cause of Death: His family confirmed that he died on Monday following a recent hospitalization for an upper respiratory infection.

    • Professional Legacy: Known for discovering and guiding many of the most iconic voices in music history, Davis enjoyed a career spanning over six decades and earned five Grammy Awards.

    • Family Tribute: In a statement, his family honored him as a visionary who shaped culture, while also remembering him as a beloved father and grandfather who remained grounded and devoted to his loved ones despite his extraordinary professional success.

    • Resilience: Throughout his later years, Davis navigated health challenges, including a 2021 diagnosis of Bell’s palsy, yet continued his active involvement in the music industry well into his nineties.

Continue Reading

entertainment

Caught In The Act? Teni’s Dance With A Married Man Ends In Sudden Interruption—Bride Demands Respect!.

Published

on

  • Teni’s Wedding Performance Drama: Social media is buzzing over an uncomfortable incident involving singer Teniola Akpata, popularly known as Teni, at a recent wedding. In a viral clip, Teni was in the middle of an energetic performance, singing a classic line from Fuji icon Wasiu Ayinde to a male guest who was filming her. When Teni tried to dance with the man, his wife quickly stepped in to stop it.                                                                                              Teni handled the awkward situation with humor, telling the audience, “Help me say I am sorry, ma. The owner of the property has claimed the property.”....KINDLY READ THE FULL STORY HERE▶

  • Spyro on Artiste Financial Woes: In separate news, singer Spyro recently shared his perspective on why some musicians struggle financially despite achieving fame.                                                                                                         While performing over the weekend, he attributed this trend to poor spending habits, noting that some artistes prioritize lavish lifestyles—such as excessive partying, frequent travel, and expensive romantic entanglements—over saving or smart investments. While he acknowledged that enjoying success is natural, he warned that such reckless spending can quickly derail long-term financial stability.

Continue Reading

Trending

Copyright © 2023 NIVONEWS