EFCC to Re-arraign Former Anambra State Gov Obiano Over Alleged ₦4bn Fraud Charges on Wednesday

The Economic and Financial Crimes Commission (EFCC) is set to arraign former Anambra State Governor, Obiano, over alleged ₦4bn fraud. An investigation revealed that funds were moved from security votes into different accounts, with some amounts converted to dollars and returned in cash. Charges include indirect transfers through his former principal private secretary, Mr. Willie Nwokoye.

One specific charge details the movement of N156,800.00 from the Anambra State Government Security Vote Account into the Fidelity Bank Ple Account (No: 6060018819) belonging to C.I. Patty Ventures Nigeria Limited. Notably, this entity lacks any legitimate business relationship with the Anambra State Government.

The EFCC alleges a sophisticated scheme, accusing Obiano of orchestrating fraudulent financial transactions totaling ₦4bn. These revelations underscore a complex web of financial misconduct during Obiano’s tenure as governor. He is scheduled to be arraigned on Wednesday, where he will be required to respond to these charges.