'N1.7trn misappropriation': Okowa used Delta’s resources to develop the state, aide replies Edwin Clark | TheCable

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'N1.7trn misappropriation': Okowa used Delta’s resources to develop the state, aide replies Edwin Clark | TheCable
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Olisa Ifeajika, former chief press secretary to Ifeanyi Okowa, says the immediate-past governor of Delta, did not “embezzle” the resources of the state. Responding to allegations made by Edwin Clark,

‘N1.7trn misappropriation’: Okowa used Delta’s resources to develop the state, aide replies Edwin ClarkOlisa Ifeajika, former chief press secretary to Ifeanyi Okowa, says the immediate-past governor of Delta, did not “embezzle” the resources of the state.

“Okowa had earlier told the world that he has no personal business with the bank and no member of his family has any link with the bank,” he said. “The man started his banking career years ago in some other banks before going to Zenith Bank and now Premium Trust Bank. “What was owed Delta was N240 billion, which the federal government agreed to pay in four quarterly installments for five years.“We are aware that some states including Rivers, discounted and collected all their monies and started spending but because Okowa believes in the rule of law, due process, and diligence, he went to the House of Assembly to get approval to use part of the funds for some critical projects from the quarterly installment refunds.

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