Chief Edwin Clark, Elder Statesman has disclosed that Delta State’s former Governor, Ifeanyi Okowa owns a 2-year-old commercial bank.
Clark alleged that the suspended governor of the Central Bank of Nigeria (CBN), Godwin Emefiele was the managing director of Ifeanyi Okowa’s bank.
While making his claims in a recent interview with Arise News, the elder Statesman explained that Ifeanyi Okowa’s brother, Monday Okowa, who was previously employed at Zenith Bank, was now working at Okowa’s bank.
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Additionally, he revealed that the ex-Governor has thirteen companies.
Clark emphasized that much of the money intended for the Delta State Oil Producing Areas Development Commission, DESOPADEC was pocketed by the state’s former governor.
DESOPADEC: Okowa Embezzled Over 1trn State Funds – Edwin Clark
He said:
“Every oil-producing state has been paid, and the one paid to Delta came to one trillion, seven hundred and sixty-something billion naira from 2007 to June 2015.
“In February alone, we received about 700,000 billion, and the balance was paid to Okowa because oil was coming very easily and because prices were high. So what he was paid was one trillion.
“So instead of paying the 50 percent provided by his own law, DESOPADEC Law, Section 14, which makes it automatic that money must be given to them, he now held the 13 percent and used the entire money in dishing out installments and approving every contract the DESOPADEC wanted. And I’d like you to give me an account.
“So I wrote him a second letter, which I already gave to the EFCC, saying that we cannot be cheated. Some governors are now wealthier than their states.
“He got a bank, and today, most of our money has been paid to that two-year-old bank.
“Something premium bank The managing director is Emefiele, from the same village as Okowa. Okowa’s brother, Monday Okowa, who was at Zenith Bank, is there. And this man has 13 companies.”
