Okowa Sighted at EFCC Lagos Office Over N1.3 Trillion Derivation Funds

Former Delta State Governor Ifeanyi Okowa was spotted at the EFCC Lagos Directorate 1 office on Awolowo Road, Ikoyi, today. A top source within the commission confirmed that his presence is linked to the ongoing investigation into the alleged diversion of N1.3 trillion in 13 percent derivation funds from the Federation Account between 2015 and 2023.

Okowa was first arrested on November 4, 2024, and detained at the EFCC Port Harcourt Zonal Directorate for questioning. According to the source, the former governor is now making frantic efforts to secure the release of his international passport to travel abroad for urgent medical treatment. As of this report, it is unclear whether the EFCC granted his request.

The commission's spokesperson, Mr Dele Oyewale, did not respond to calls for comment. This probe is one of the EFCC's high-profile cases targeting alleged mismanagement of oil revenue by past officials. How exactly does a state governor divert N1.3 trillion meant for oil-producing communities and still expect to travel abroad freely?