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Home EFCC

Okowa returns to EFCC over N1.3trn probe

newspegonline24 by newspegonline24
June 22, 2026
in EFCC
Reading Time: 1 min read
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Alleged N5.78bn SUBEB Fraud: Court Adjourns Ex-Kwara Governor Ahmed’s Trial to July 27
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Former Delta State governor, Ifeanyi Okowa, was sighted on Monday at the Lagos Directorate 1 of the Economic and Financial Crimes Commission (EFCC) on Awolowo Road, Ikoyi.
According to top sources within the commission, Okowa’s visit is connected to the EFCC’s ongoing investigation into the alleged diversion of N1.3 trillion in 13 per cent derivation funds from the Federation Account between 2015 and 2023.
The former governor was first arrested on Nov. 4, 2024 and detained for questioning at the EFCC’s Port Harcourt Zonal Directorate.
At the Lagos office, sources say Okowa was making frantic efforts to secure the release of his international passport.
He reportedly told investigators he needed to travel abroad for urgent medical treatment.
It remains unclear whether the EFCC granted his request or returned the travel document.
Attempts to get an official reaction from EFCC spokesperson, Dele Oyewale, proved abortive.
His phone rang out without response when contacted.
The probe into the N1.3 trillion derivation funds is one of the commission’s high-profile cases targeting alleged mismanagement of oil revenue by past officials.
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