Amidst the economic crunch facing the country with particular reference to Delta state, Senator (Dr) Ifeanyi Arthur Okowa, has lost a whopping sum of $10 million to his American mistress who is based in Texas in the United States an online news site 247ureports.com has confirmed.
It was learnt that the money was part of President Muhammadu Buhari’s bailout funds released to Delta state last year but was diverted by the governor to his concubine ahead of the 2019 general elections.
It was reliably gathered that Okowa had commissioned his US based mistress to assist him launder the sum of $10 million out of the bailout funds allocated to his state to a slush accounts he provided, but, the yet to be identified mistress turned around and lodged the money into her own personal account in the United States.
It was learnt, that in his bid to outsmart, Nigerian Financial Intelligence Unit (FIU), Okowa settled for the option of using his US-based mistress to loot the $10 million abroad to avoid been caught by security agencies.
According to an impeccable source, despite the tricks and corrupt manner Okowa used in laundering the funds, security agencies outsmarted him and intercept the corrupt process used in the deal.
It was learnt that following the manner Okowa was duped by his mistress, he finds it hard to sleep and his is doing everything possible within his powers to hide the matter from his wife and the state.
It would be recalled the President Buhari administration had in 2016 released the sum of N1. 266.44 trillion to 36 states within nine months with a breakdown of N713.70 billion special intervention funds to states and London Paris Club loan refunds of N522.74 billion