Okowa, a former governor of Nigeria’s Delta State, is currently facing serious charges of embezzlement. Having been the running mate of Peoples Democratic Party (PDP) presidential candidate Atiku Abubakar in the 2023 elections, his alleged involvement in the diversion of about ₦1.3 trillion in public funds has caught the attention of the Nigerian Anti-Corruption Agency (EFCC). Okowa presented himself at the EFCC office in Port Harcourt on Monday, November 4, following a summons from the anti-graft agency.
Investigators say Okowa also allegedly failed to account for these funds, as well as an additional ₦40 billion which he allegedly used to acquire shares in UTM Floating Liquefied Natural Gas. In addition, he allegedly allocated another ₦40 billion to purchase an 8% stake in a major Nigerian bank, to support the establishment of an offshore liquefied natural gas project. However, these funds were allegedly diverted to personal property acquisitions in Abuja and Asaba, Delta State.
Sources within the EFCC stressed the seriousness of the allegations and said the former governor remains in custody due to the weight of evidence under examination. “We still have him; the investigation is ongoing. He has been confronted with some of the allegations levelled against him. We want him to answer to those charges,” a source said.
The revelations surrounding these allegations highlight the importance of fighting corruption and ensuring transparency in the management of public funds. Okowa, as a prominent figure in the Nigerian political scene, should set an example and act in the interest of the society he served. The stakes of these allegations are high, not only for his own reputation, but also for public trust in the political system and the accountability of leaders.
The fight against corruption remains a critical issue for Nigeria and other countries facing similar challenges. It is imperative that the relevant authorities continue their efforts to put an end to such wrongdoing and ensure that public funds are truly used in the public interest. The Okowa case is a reminder of the need for transparent and accountable governance, as well as effective checks and balances to prevent corruption and protect the nation’s resources.