Law & JusticePoliticsEFCC: Okorocha Conspired And Diverted Public Funds to the Tune of About N2.9 Billion

ABUJA — Hours after formally declaring his interest to run for the office of president in 2023, the Economic and Financial Crimes Commission (EFCC) filed a 17-count money laundering charge against former Governor of Imo state, and senator representing Imo west, Rochas Okorocha, before the Federal High Court in Abuja.

According to the anti-graft agency, the senator allegedly conspired with others, including a member of the All Progressives Congress (APC) and five companies, to steal N2.9 billion from public coffers – Imo State Government House account and Imo State Joint Local Government Project account – between October 2014 and February 2016.

His conspirators are Anyim Nyerere Chinenye, Naphtali International Limited, Perfect Finish Multi Projects Limited, Consolid Projects Consulting Limited, Pramif International Limited, and Legend World Concepts Limited.

Mr. Okorocha, 59, was a two-term governor of Imo State, serving from 2011 to 2019 when he lost an intense political battle to install his son-in-law and Chief of Staff, Uche Nwosu, as a successor. He, however, succeeded in winning the Imo West senatorial election for himself as a candidate of the APC.

His co-accused, Mr. Nyerere, was the APC governorship flag bearer in the 2015 Abia State election and currently serves as a commissioner at the National Pension Commission. According to PREMIUM TIMES, he owns or controls three of the charged companies, namely Consolid, Pramif, and Legend World, all registered in Abuja.

Timeline of the alleged diversions as contained in court documents, exclusively obtained by PREMIUM TIMES are as follows:

1. February 11, 2014: N67,500,000 – conspiracy between Mr. Okorocha, Mr. Nyerere, and Perfect Finish Multi Projects Limited
2. August 28, 2014: N486,000,000 – conspiracy between Mr. Okorocha, Mr. Nyerere, and Perfect Finish Multi Projects Limited
3. October 14, 2014: N900,000,000 – conspiracy between Mr. Okorocha, Mr. Nyerere, and Naphtali International Limited
4. August 4, 2015: N279,000,000 – conspiracy between Mr. Okorocha, Mr. Nyerere, and Naphtali International Limited
5. February 10, 2016: N243,000,000 – conspiracy between Mr. Okorocha, Mr. Nyerere, and Consolid Projects Consulting Limited
6. February 10, 2016: N200,000,000 – conspiracy between Mr. Okorocha, Mr. Nyerere, and Consolid Projects Consulting Limited
7. February 10, 2016: N243,000,000 – conspiracy between Mr. Okorocha, Mr. Nyerere, and Pramif International Limited
8. February 11, 2016: N243,000,000 – conspiracy between Mr. Okorocha, Mr. Nyerere, and Perfect Finish Multi Projects Limited
9. February 12, 2016: 243,000,000 – conspiracy between Mr. Okorocha, Mr. Nyerere, and Legend World Concepts Limited.

• About
• Latest Posts

By Ezinwanne Onwuka (Senior Reporter)

Ezinwanne Onwuka, senior staff reporter and columnist with WAP is a Nigerian-based writer and content developer. She holds a Bachelor of Arts degree in Philosophy from the prestigious University of Nigeria, Nsukka. Her interests include reading, writing, researching and graphic designing.

Latest posts by By Ezinwanne Onwuka (Senior Reporter) (see all)

• Nigeria’s Inflation Falls to 18.02% in September - October 16, 2025
• Osimhen Fires Nigeria into 2026 World Cup African Playoffs - October 14, 2025
• FG Approves New Admission Criteria for Tertiary Institutions - October 14, 2025