The Economic and Financial Crimes Commission (EFCC) has taken former Delta State Governor Ifeanyi Okowa into custody on Monday.
Okowa, who served as vice-presidential candidate alongside former Vice-President Atiku Abubakar for the Peoples Democratic Party (PDP) in the 2023 general elections, was detained at the anti-graft agency’s Port Harcourt office.
EFCC spokesman Dele Oyewole confirmed the development in a phone conversation with The Gazette.
According to officials, Okowa allegedly leveraged his gubernatorial position to embezzle public funds and amass assets worth an estimated N1.3 trillion.
Among these assets are substantial shares in UTM Floating Liquefied Natural Gas Company, along with other significant investments across the oil sector, sources revealed.
Further details on the charges and evidence against Okowa were not immediately available. It remains uncertain whether the former governor has engaged legal representation.
Additionally, efforts to reach Okowa’s spokesperson for comments on the arrest were unsuccessful as of press time.
