If EFCC Dares Try To Investigate Financial Transactions Of Rivers State, I Will Deal With Them Severely – Wike Talks Tough


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N435Billion: You Have No Powers To Investigate Rivers State Accounts — Wike Fire Backs At EFCC




The Rivers State Governor, Nyesome Wike, said on Thursday the Economic and Financial Crimes Commission (EFCC) has no powers to investigate the financial dealings of any state in the country.

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The governor was reacting to the commission’s decision to declare the Rivers State Accountant-General, Fubara Siminalaye, and 58 other persons wanted for alleged N435 billion fraud.


Wike, who stated this when he featured in a Channels Television programme, Politics Today, said Rivers State had previously taken the EFCC to court on the matter and defeated the commission at the highest level.



If EFCC Dares Try To Investigate Financial Transactions Of Rivers State, I Will Deal With Them Severely – Wike Talks Tough


Governor Nyesom Wike of Rivers State has just reiterated his stand the anti-graft body, the Economic and Financial Crimes Commission, EFCC, does not have any power to investigate the financial transactions of his government.

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He then said that before the EFCC can carry out any investigation on his government, the anti-graft agency must first vacate the Federal High Court judgment which had declared that it cannot investigate the financial transactions of the Rivers State Government.

Wike said this much as he spoke on Thursday during a courtesy visit by the Group Managing Director Designate of Zenith Bank Plc, Mr Ebenezer Onyeagwu.

The Governor said: “EFCC has no powers to look into our financial transactions. You cannot be giving our financial transactions to the EFCC, because that it 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.”

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He went on to say that if EFCC refused to obey the Court ruling, the Rivers State Government will have no choice but to file all necessary processes to ensure that the right thing is done.

Governor Wike gave his congratulations to Mr Ebenezer Onyeagwu upon his appointment as the Group Managing Director Designate of the Zenith Bank, stating that his appointment was because of his commitment and hardwork.

“Since 1999, this relationship has been there and it will be there. Try to ensure that Rivers people grow in the bank,” he said.


Onyeagwu on his part congratulated the Rivers State Governor on his re-election, adding that “everyone of us in Zenith Bank is very pleased over the success you have recorded . We also want to use this opportunity to congratulate you on your victory at the last election and wish for a glorious second term”.


He said that Zenith Bank prays that the Rivers State Governor should make even greater progress during his second term. He said that he was in Rivers State to let the Governor know that he would take over the leadership of the bank on June 1, 2019.

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“Zenith Bank and Rivers State have been in partnership for over 20 years. We want to assure you that in this moment and in this time, our expectation is that this partnership will get even bigger and stronger.


“We want to assure you of our utmost loyalty and support for the ideas and aspirations of your Government. Is our pleasure that Zenith Bank is willing to support the various development initiatives of your Government. At this second half, going by your disposition, going by your perspective that we know, our expectation is that it will even be raised higher. Even as the tempo is raised higher, the support of Zenith Bank will remain consistent,” Onyeagwu said.

(Daily Post


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