Politics

Wike insists EFCC cannot probe the finances of Rivers State

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Governor Nyesom Wike of Rivers State on Thursday insisted that the Economic and Financial Crimes Commission, EFCC, does not have the power to investigate the finances of the State.

Governor Wike stated this when he received the Managing Director designate of Zenith Bank Plc, Mr. Ebenezer Oyeagwu at the Government House, Port Harcourt.

According to the governor, the EFCC must first vacate an order of the Federal High Court that barred it from investigating the financial transactions of the state government before the anti-graft agency can launch any probe.

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“EFCC has no powers to look into our financial transactions. You cannot be giving our financial transactions to the EFCC because that is illegal.

“Unless the EFCC sets aside the judgment, they have no powers to look into our financial transactions. Not that we are afraid, but due process must be followed.”

The governor also threatened to commence the necessary processes if Zenith Bank failed to obey the court judgment to ensure the right thing was done

 

Timothy Enietan-Matthews

Timothy is a versatile journalist, down to earth with a critical and curious mind.

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Timothy Enietan-Matthews

Timothy is a versatile journalist, down to earth with a critical and curious mind.

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