The Governor of Rivers State, Nyesom Wike has said the Economic and Financial Crimes Commission lacks the power to investigate financial transactions carried out by his administration.
The Governor who stated this on Thursday during a courtesy visit by the Group Managing Director Designate of Zenith Bank Plc, Mr. Ebenezer Onyeagwu, said before EFCC can investigate his government, the anti-graft agency must first vacate the Federal High Court judgment that declared that it cannot investigate the financial transactions of the Rivers State Government.
“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.”
He said that if Zenith Bank refuses to obey the Court judgment, Rivers State Government will be compelled to file the necessary processes to ensure that the right thing is done.
Wike also congratulated Mr. Ebenezer Onyeagwu on his appointment as the Group Managing Director Designate of the Zenith Bank, stating that his appointment was due to commitment and hard work. He also appealed to him to allow workers of Rivers state origin to grow in the bank.
“Since 1999, this relationship has been there and it will be there. Try to ensure that Rivers people grow in the bank,” he said.
