EX governor of rivers state peter odili has approached the high court port harcourt has EFCC commenced an investigation into alleged misappropriation of funds during his stay office [1999-2007].
The Economic and Financial Crimes Commission (EFCC) has embarked a inquiry of former governor of Rivers state, Peter Odili, over alleged N100 billion fraud. Odili served as Rivers governor between 1999 and 2007 and it was within this period he was alleged to have disported N4 billion in cash to a bank for personal use,
According to document on the status of investigation on Odili, the EFCC claimed that the ex-governor allegedly laundered the N100 billion under the guise of seeking a Power Project in Rivers State.
“The petitioner had alleged that Dr. Peter Odili, then a governor of River State, had conspired with officials of his government and the chairman of Rocksons Engineering Group of Companies to divert over N100 billion from the accounts of Rivers State, alleging that he used same for power projects in Rivers.
“The petitioner also went further to say that part of the state funds was moved to the Government House account from where it was distributed to the then governor and his relatives before the investigation commenced.”
However Peter Odili has appealed to the federal high court to stop EFCC from investigating him.