Friday, June 12, 2020

EFCC returns N5.7bn recovered from Okorocha to Imo govt

The Economic and Financial Crimes Commission, EFCC, has returned over N5.7 billion from the N7..9 billion recovered from different bank accounts and assets belonging to former Imo Governor, Rochas Okorocha, to the state, for the payment of workers’ salaries and pensions.

The commission has also vowed to commence prosecution of the former governor upon the conclusion of its ongoing investigation.

The Zonal Head of EFCC in Port Harcourt, Mr. Imam Usman disclosed this in Port Harcourt during a mid-year briefing on the activities of the commission within the six months.


Speaking at the commission’s zonal office in Port Harcourt, Rivers State yesterday, the Zonal Head, Usman Imam, said N7..9bn belonging to Imo State was seized from the former governor during EFCC investigations.


Imam, who has been in charge of the ongoing probe of the former governor said the commission returned over N5.7bn to various administrations in Imo to pay salaries and pensions of workers.

He said: “I started the Imo State case in Enugu and upon my deployment to this zone, the investigations of corruption allegations against the former governor of Imo State, Rochas Okorocha, was transfered from the Enugu zone to Port Harcourt for further investigations.

“Within the period, the commission succeeded in freezing about N7.9bn in different accounts. All the monies that were released to Imo State government were from the N7.9bn recovered from Okorocha. The monies were released in batches.

“N2.7bn was released in March for salaries. In the PDP government of Emeka Ihedioha, excess of N2..5bn upon series of writings and our insistence of monitoring it, was released to pay salaries and pensions because they were monies recovered from the state so it has to go back to the state.

“When,the government of Emeka Ihedioha left and this government came, we had a remnant of the money in excess of N2bn. We were able to release N514milion just last month because excess of about N1.8bn is encumbered with a court process. Contractors went to court and targeted the funds. The process is lingering. They still have excess of N1.8bn that is not released”.

1 comment: