By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Thursday, Oct 29, 2026
9News Nigeria
  • HOME
  • EDITORIAL
  • POLITICS
  • NATIONAL
  • SPORTS
  • WORLD
  • BUSINESS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
9News Nigeria9News Nigeria
Font ResizerAa
Search
  • Editorial
    • OPINION
  • Politics
  • National
    • Breaking News
    • Boko Haram
    • Crime and Investigation
    • Ohanaeze Ndigbo
  • Business
    • Nigerian economy
    • Investment
    • Finance
  • Sports
  • Entertainment
    • Celebrity
    • Entertainment and lifestyle
    • Hollywood
  • World
    • Africa
    • Asia News
    • Australia
    • Europe
  • About Us
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us
Follow US
Breaking NewsImo

BREAKING!!EFCC releases 5.7bn out of N7.9bn seized from Okorocha to Imo

Shom Akor
Last updated: June 11, 2020 4:26 pm
By Shom Akor
Share
5 Min Read
Ibrahim Magu Rochas Okorocha
SHARE
Follow & Subscribe Us:
Subscribe YouTubeFollow FacebookFollow XFollow Instagram

Ibrahim Magu Rochas Okorocha

The Economic and Financial Crimes Commission (EFCC) has told a former Governor of Imo State and Senator representing Imo West Senatorial District at the National Assembly, Senator Rochas Okorocha, to get ready for his day in court.

Speaking at the commission’s zonal office in Port Harcourt, Rivers on Thursday, the Zonal Head, Usman Imam, said N7.9bn belonging to Imo 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.

Suit filed at Federal High Court against Imo NBA Chairman over ₦100m gift
Imo Airport shuts down for runway Upgrade
Pipeline Rupture Reported in Eleme, Rivers State
ISIEC fixes November 7 for Imo LGA Elections

“Then the government of Emeka 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”.

Apart from the money recovered from Okorocha, the EFCC zonal boss said the senator’s assets were also identified in Imo and Abuja and seized by the commission.

He said the commission filed a court process for interim forfeiture of the assets confiscated from Okorocha.

He said: “The investigation has got to an advanced stage and we are expecting that on conclusion, we are going to arraign the former governor.

“It is in the course of investigations that we targeted his assets. Some are in Imo, Owerri and some are in Abuja. We marked these properties in Abuja and we have filed court processes for interim forfeiture of these assets. The target is to conclude the investigations and he will have his day in court”.

Imam explained that since he assumed the leadership of the zone in January, the commission has recovered N291.8million, 847,983 US Dollars, 390 pounds, 10,900 Euros and 500 CFA.

He said the commission also froze over N1.1bn in the accounts of Bluekey Technologies allegedly operating a ponzi scheme and defrauding over 8,926 victims of over N4.4bn.

He said the EFFCC further secured interim forfeiture of 96 trucks, vessels and barges while 226 drums of automotive gas oil and 1million litres of suspected crude oil were finally forfeited to the Federal Government.

Imam explained that the son received 441 petitions, successfully investigated 262 with 159 awaiting legal advice and 20 others charged to court.

On the challenges of the commission, he said: “Fighting corruption comes with its peculiar challenges. The corrupt are not going to fold their hands while you retrieve what they had stolen. They would fight back.

“This has come in the form of sponsored media attacks. A blogger, one Dikeocha Chukwuebuka, who caused the zone serious blushes by posting fake pictures of purported overcrowded EFCC cell was arrested and currently under prosecution.

“Other challenges are non-cooperation,m and delayed response to this commission’s enquiries by some agencies; logistic challenge in investigating oil bunkering cases and inadequate office accommodation for staff”.

“In spite of the challenges, the zone remains committed to actualising the mandate of the commission, which is to eradicate corruption in Nigeria”.

©The Nation

Recommended YouTube Videos on 9News Nigeria TV

You said It's our turn (AWALOKAN), and we voted for you - Woman cries to President Tinubu in Yoruba
We Want Change: Tonto Dikeh, Umar Ganduje, Clamour Need For Youth Inclusiveness
THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN
ECOWAS VS NIGER JUNTA, SUBSIDY REMOVAL HARDSHIP, WIKE TO FACE WRATH OF THE LAW IF...

Powered by www.zebrawebs.com

Like this:

Like Loading…
Share This Article
Facebook Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Surprise0
Angry0
Previous Article FB IMG 1591888538836 Breaking: Lockdown Escalated The Number Of Rape Cases- Minister Of Women Affairs,Pauline Tallen.
Next Article Yahaya Bello of Kogi State e1468169251443 1 Kogi govt buries 65 unclaimed corpses in state
Search
– Advertisement –
Latest News
  • Bogos wins APC ticket again as fresh primary holds in 11 Plateau wards October 29, 2026
  • Army Chief Marks One Year in Office with 36 New Homes for Soldiers in Maiduguri October 29, 2026
  • SHOCKING VOTER REGISTER FIGURE: Okpebholo’s Polling Unit Allegedly Jumps From 397 in 2024 to 4,783 in 2026 October 29, 2026
  • Court sacks Uzodimma as APC senatorial candidate for Imo West, declares Okorocha winner October 29, 2026
  • Dr. Kori Lead Others in Moscow to Woo Russian Investors for Damaturu Agro-Industrial Zone October 29, 2026
  • BREAKING: Uzodinma, Okorocha Face Fresh Showdown Over Imo West 2027 Senate Ticket as Court Judgment Looms October 29, 2026
  • Abia AAC Governorship Candidate, Doris Ogala, Remanded in Prison October 29, 2026
  • We’ll rig those who rig 2027 elections – Peter Obi warns electoral offenders October 28, 2026
  • FCT Police Arrest NSCDC Officer Over Alleged Kubwa Market Shooting October 28, 2026
  • Court Jails Ex-Banker 39 Years Over N2.7bn Fraud October 28, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
World News
  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Global Economy
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics
News Categories
  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • Sober House
  • National Security
Entertainment and Lifestyle
  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships

You May also Like

Uzodinma
Latest NewsImo

Gov. Uzodinma directs 27 Imo LG Chairmen to hand over

October 4, 2026
IMG 5925
ImoNational

Ike Ibe Mourns Alex Mbakwe, Condoles Mother

October 4, 2026
President Tinubu
Breaking NewsHot News

President Tinubu Departs France for Nigeria, Presidency Confirms

September 29, 2026
Omoyele Sowore
PoliticsBreaking News

Sowore claims Tinubu hospitalised in France

September 28, 2026
222163ad e2ab 4cfd b332 9c9094731115
NationalImo

APC Youth League condemns Campaign against Imo Party Chairman

September 28, 2026
IMG 5755
Nigeria NewsImo

JUST IN: Why Imo LG Elections were Postponed

September 26, 2026
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Imo state
  • Sports
  • Opinion
  • National Security
  • Events
  • Editorial
  • Inspiration
  • Trending news
  • Bible Messages
  • Religion
  • Jesus Christ the saviour
  • World News
  • Crime and Investigation
  • The Love of God
  • Business

9NEWS NIGERIA

  • Editorial
  • Opinion
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

NEWS CATEGORIES

  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • National Security

WORLD NEWS

  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics

ENTERTAINMENT AND LIFESTYLE

  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

%d