ICPC WRITES TO CONFIRM THAT IT RECEIVED A FORMAL PETITION TODAY TUESDAY 16TH DECEMBER, 2025 FROM ALHAJI ALIKO DANGOTE THROUGH HIS LAWYER. (PHOTO). #PRESS RELEASE

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 INDEPENDENT CORRUPT PRACTICES AND OTHER RELATED OFFENCES COMMISSION (ICPC) Tuesday 16th December, 2025 MEDIA RELEASE The Independent Corrupt Practices and Other Related Offences Commission (ICPC) writes to confirm that it received a formal petition today Tuesday 16th December, 2025 from Alhaji Aliko Dangote through his lawyer. The petition is against the CEO of the NMDPRA, Alhaji Farouk Ahmed. The ICPC wishes to state that the petition will be duly investigated. John Okor Odey  Spokesperson  ICPC
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EX-GOV OF DELTA STATE IFEANYI OKOWA, ARRESTED BY THE EFCC. (PHOTO).

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 Former Delta Governor, Ifeanyi Okowa Arrested By EFCC Over Alleged Diversion Of N1.3trn


By Freeborn Abraye


Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested a former Governor of Delta State, Ifeanyi Okowa, for alleged diversion of N1.3 trillion 13% derivation fund from the federation account between 2015 and 2023.


Okowa was arrested on Monday, November 4, 2024, in Port Harcourt, Rivers State, when he reported at the Port Harcourt Directorate of the EFCC on the invitation of investigators handling his matter.


The former governor was alleged to have failed to render accounts of the funds as well as another N40 billion he allegedly claimed he used to acquire shares in UTM Floating Liquefied Natural Gas.


Specifically, Okowa allegedly bought shares worth N40 billion in one of the major banks in the country representing 8% equity to float the offshore LNG. The funds were alleged to be used for other purposes.


Investigators are also investigating the diversion of funds by the former governor to acquire estates in Abuja and Asaba in Delta state.


He is being held at the EFCC holding facility in Port Harcourt.

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