Ifeanyi Okowa Denies Allegations of Fraudulent Activity Amid EFCC Inquiry.

Former Delta State governor, Ifeanyi Okowa, has publicly refuted allegations of fraudulent conduct leveled against him by the Economic and Financial Crimes Commission (EFCC). In a recent statement made through his media aide, Mr. Olisa Ifeajika, Okowa clarified that he willingly approached the EFCC office in Port Harcourt, Rivers State, to address claims of impropriety linked to the alleged diversion of 13 percent derivation funds.

In his defense, Okowa characterized the accusation of diverting N1.3 trillion from oil derivation funds as “ludicrous” and devoid of merit. He emphasized that these allegations are a repetition of baseless claims propagated by individuals described as “malicious, myopic, vindictive, and prejudiced” during his tenure in office.

Highlighting his transparency, Okowa attested that no substantial case has been established against him by the EFCC. He noted that his engagement with the agency concerned questions related to petitions submitted by discontented parties. Returning from a vacation, Okowa asserted that he complied with the EFCC’s request due to his conviction of innocence.

The serious nature of the allegations includes claims that Okowa illicitly enriched himself and misappropriated state resources, ostensibly to acquire an 80 percent stake in Premium Trust Bank, in addition to constructing housing estates in Asaba and Abuja, as well as two hotels. Okowa’s firm denial underscores his commitment to integrity and accountability during his governance.

As the inquiry progresses, it remains imperative to observe how these allegations and Okowa’s responses will unfold in the public sphere, both politically and legally.