Ifeanyi Okowa, the former governor of Delta State, is the owner of 13 firms and a two-year-old bank, of which one Emefiele is the managing director, according to Elder statesman, Sir (Chief) Edwin Clark, Elder.
Chief Clark revealed this in an interview with Arise News outlet. He also disclosed that Monday Okowa, who previously worked with Zenith Bank is now employed by the bank.
He added that Okowa had kept the majority of the funds intended for the Niger Delta residents for his own gain. Chief Clark said he wrote two letters to Okowa inquiring how how Delta State’s funds were used.
The Niger Delta Chief said; “every oil-producing state has been compensated, and the amount paid to Delta State from 2007 to June 2015 was one trillion, seven hundred sixty-something billion naira.
“We collected over 700 billion just in February, with the remaining funds going to Okowa because oil was coming in so freely and at such high prices. Thus, he received one trillion as payment.
“Therefore, instead of paying the 50% stipulated by his own rule, the DESOPADEC rule, Section 14, which mandates that money must be delivered to them automatically, he now retained the 13% and utilized the entire sum to distribute by instalments and approve whatever deal the DESOPADEC desired.
“In order to let him know that we cannot be duped, I wrote him a second letter, which I have already given to the EFCC.
“Today, some governors are wealthier than their respective states. He opened a bank, and as of today, that two-year old bank has received the majority of our funds. ‘Somehow, a high profile banker’, Emefiele, who is a native of Okowa’s village is the managing director of the bank’.
“Monday Okowa, Okowa’s brother, who was working at Zenith Bank, is presently the managing director of the bank, and this man owns 13 businesses”.
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We all know Okowa owns Premium Trust, he only uses Emefiele to front.
I said sometimes back online, I was attacked mostly by a particular church members.