Leadership (Abuja)
4 October 2008
Following the investigation of Rivers State government over allegations of money laundering by the Economic and Financial Crimes Commission, (EFCC), the commission has frozen two accounts of the state government with Zenith Bank in Port Harcourt. Furthermore, the Chief of Staff, Nyeson Wike, who is at the centre of the EFCC investigation, may soon be declared wanted.
EFCC spokesman, Mr. Femi Babafemi, who confirmed this in a telephone interview with LEADERSHIP WEEKEND, said the action had become necessary in view of his refusal to honour the agency's invitation.
LEADERSHIP WEEKEND gathered that Nwike had been formally invited to appear before the commission about three weeks ago, over money laundering allegations.
Sources at the Rivers State Government House said Nwike was being investigated over fraud-related charges, running into billions of naira. Babafemi said the money was only in the region of between N400 million to N600 million.
On why two of the accounts of the state government was frozen, the EFCC spokesman said the chief of staff was using both his personal accounts and one belonging to the state government to launder funds.
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