Okowa Denies Funding Atiku Campaign, Says He Does Not Own Any Bank

 Immediate past Gover­nor of Delta State, Sen­ator Dr Ifeanyi Okowa said the allegations of borrowing N150bn and diverting state government monies to fund Atiku Abubakar’s presiden­tial campaign were spuri­ous and unfounded. Continue Full Reading>>>...CONTINUE READING>>>

Okowa, who was run­ning mate to Atiku, the Peoples Democratic Party (PDP) presidential candi­date in the 2023 general elections, noted that all fi­nancial records during his tenure as Delta State gover­nor were transparent and accountable.

The PDP former Vice Presidential candidate also denied owning a bank, maintaining that he is known to be a medical doc­tor and politician and not a banker or business man, let alone is any member of his family having any link with the bank.

Okowa was responding to allegations raised by el­der statesman, Chief Ed­win Clark during an inter­view on ARISE Television on Wednesday, where Clark had alleged that Okowa funded Atiku’s campaign with state funds and be­trayed Southern Nigeria by accepting a Northerner, Atiku’s nomination as run­ning mate, amongst others. Continue Full Reading>>>

The former Delta gover­nor, who spoke through his Media Adviser, Mr. Olisa If­eajika at a news conference in Asaba, said all funds that accrued to the state were deployed to develop the state with numerous proj­ects and human capital de­velopment across the state.

“You are all aware of the N150bn loan as they called it and we have for the ump­teenth time said that money is not a loan but a bridging finance and it remained so.

“It took the ingenuity of Commissioners for Finance in Oil producing states in the Niger Delta led by our own former Commissioner for Finance, Chief Fidelis Tilije to unearth the dis­crepancies.

“What was owed Delta was N240bn which the Fed­eral Government agreed to pay on four quarterly in­stalment for 5years.

“We are aware that some states including Rivers, discounted and collected all their monies and start­ed spending but because Okowa believes in 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 instalmental refunds.

“At a media briefing shortly before he left office, Okowa told the press that only N91bn was accessed from the N100bn bridg­ing finance request. It is therefore, erroneous to as­sume that Okowa collected N150bn loan,” Ifeajika said.

On the allegations of owning a bank, Ifeajika said Okowa is known to be a medical doctor and poli­tician and not a banker or business man, adding that no member of his fami­ly have any link with the bank.

“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.

“That a certain Okowa is a staff member of the Bank is his right to work in any bank and not because the bank is owned by Okowa’s family. The man started his banking career years ago in some other banks before go­ing to Zenith Bank and now Premium Trust Bank.

“We would have thought that for a father that Pa E.K. Clark is, his role should be to build, to support those in authority at all times to build and do well, that should be the role of elder statesman.

“He should not wait at the end of their tenures because it has now become a norm that all the previous governors that ruled the state, while they will be in office they will be friends but when they leave our father will begin to pull them down and begin to say things that are not too right about his children that he saw into office.

“For us, it is unsavoury and not salutary. Okowa has been acknowledged round­ly as having performed su­perlatively, Okowa braved the odds, broke the jinx and developed the oil producing creeks and communities in the state and the proj­ects are there speaking for themselves.

“It is on record that Okowa empowered no few­er than 30,000 youths and took them off the street to become entrepreneurs and job creators.

“Delta State Govern­ment led the pack in youth empowerment and Delta under Okowa was number one in youth development; instead of lampooning and taking swipe at Okowa, he should be commended for taking Delta to greater heights,” he added.

On funds accruing to the Delta State Oil Producing Areas Development Com­mission, DESOPADEC, Ifeajika said the interven­tionist agency prepares its own budget every year out­side the budget of the state.

“The money that ac­crued to the state was used to develop the state and the records are there; Okowa has played his role, done his bit and has performed to the best of his abilities and should be left alone to enjoy his rest,” Ifeajika stated. Continue Full Reading>>>