A former Governor of Rivers State, Dr. Peter Odili, is under probe over allegation of diverting N100 billion for personal use.
This was revealed in a fact sheet by Economic and Financial Crimes Commission (EFCC). The document showed that the investigation was on in 2006 before it was aborted by some high court, based on a suit instituted by the former Governor of River State and some officials of the State govt.
The document also stated that the former governor had conspired with officials of his government and the Chairman, Rocksons Engineering Group of Companies to divert over N100billion from the account of Rivers State, alleging that he used same for Power Project in Rivers.
Peter Odili was also alleged to have diverted N4billion cash to a bank between 2004 and 2006 to favour his Aide-De-Camp, Isaac Onyesom, and Emmanuel Nkata.
The document reads in part: “The Commission wishes to once again explain the case being investigated for which some restraining orders were obtained by both the representative of Rivers State Government and Dr. Peter Odili and also the new intelligence that were got against the third party which had link with some group of companies belonging to Odili.
“For the purpose of clarity, the commission wishes to put more light on the ongoing investigation in 2006 before it was aborted by some high court, based on a suit instituted by the former Governor of River State and some officials of the State govt.
“The petitioner had alleged that Dr. Peter Odili, then a governor of Rivers State had conspired with officials of his government and the chairman, Rocksons Engineering Group of Companies to divert over N100billion from the account of Rivers State, alleging that he used same for Power Project in Rivers.
“The petitioner also went further to say that part of the state fund was moved to the Government House account, from where it was distributed to the then governor and his relatives and investigation commence.
“The said account of the Government House was immediately obtained and details of the account revealed that about N4 billion between 2004 and 2006 was moved in cash in favour Odili’s ADC, Isaac Onyesom and one Emmanuel Nkata of the Rivers State liaison office, Abuja.
“These funds were withdrawn in cash for the former governor of Rivers State. Emmanuel Nkatah was arrested and he confirmed that the funds were withdrawn for the former governor through his ADC.
“ Investigation was on when the ADC, an Assistant Superintendent of Police (ASP), suddenly retired from the Police and disappeared into thin air.
“ Among those who also benefited from the funds from Rivers State was a former National Chairman of PDP who received a manager’s cheque of N100 million from the same account on November 28, 2005.
“ Between 2005 and 2006, the former governor Odili paid about N1.5billion which was used to obtain a doctorate degree and naming of a Hall after him in Lincoln University, USA and so many others.
“ From the same account, he moved N3 billion to an oil company for shares, N1.4 billion to a bottle water company, and about N1.8billion to a communication company which as of 2006, had no share as it was not a quoted company.
“ When the investigation commenced, he quickly involved the State Govt to take over the shares but the State Govt was not comfortable and requested that the companies return their money.
The document added: “Sometimes in 2018, information was received that some Companies belonging to a retired ASP: NUMAC Project Company Ltd and NUMAC Global Resources Ltd, had between 2004 and 2018 received over N5 billion into the account and the funds came in tranches of N500, N300 millions etc, which is suspicious.
”These Companies and their accounts were thoroughly investigated. It was discovered that the inflow into these accounts are mostly cash.
“ On few occasions, about N2billion came in from Rivers State Government account between 2016 and 2017.
“These funds were traced to the following Companies: Pamo Group of companies Ltd, Pamo Clinic and Hospital and Pamo Educational Foundation. The above companies were found to have belonged to Dr. Peter Odili and his family.
“Based on the above, and in view that the above companies were not part of restraining order of the Federal High Court, the EFCC commenced further investigation.
“ It was further established that the funds were moved from the banks in Abuja contrary to the claims that the money formed part of the security .
“The ADC, the principal suspect in the alleged fraud has been in hiding, he has refused to honour the invitation of the Commission. The commission reliably gathered that it was because of the case that he prematurely retired from the police voluntarily.”