The Economic and Financial Crimes Commission (EFCC) says it had launched an investigation into alleged diversion of over N551 billion by a former Abia State Governor, Theodore Orji and his son, Chinedu.
The anti-graft agency said it commenced the investigation in response to a petition by a group, Fight Corruption: Save Nigeria Group, alleging that Orji diverted various sums of money that accrued to the state government while he was governor.
In a petition made available to the media by the EFCC, the funds include N383 billion revenue from federal accounts, N55 billion excess crude revenue, N2.3 billion Sure P funds and N1.8 billion ecological funds.
Other monies allegedly diverted are N10.5 billion loan from First Bank Plc through the Ministry of Chieftaincy and Local Government Affairs, N4 billion loan from Diamond Bank, N12 billion Paris Club refund, N2 billion agricultural loan for farmers and N55 billion ASOPADEC funds.
The petition alleged that the Orji-led administration received the funds, though there were no commensurate projects on ground to match the received funds.
Spokesman of the EFCC, Mr. Tony Orilade confirmed receiving the petition, saying that the anti-graft agency had started investigating the former governor.