N100bn scam: Don’t celebrate yet, EFCC tells Odili

Indications emerged yesterday that the perpetual injunction, obtained by the former Rivers State Governor, Dr. Peter Odili, secured from a Federal High Court against his prosecution over alleged diversion of over N100 billion during his eight-year tenure, might amount to a pyrrhic victory.
Findings by Vanguard revealed that contrary to report of discontinuation, the Economic and Financial Crimes Commission, EFCC, is pressing ahead with the case, with a view to bringing the former governor to book.
A source said yesterday that the EFCC was more determined to get the perpetual injunction against the commission lifted so that Odili and his officials could be made to account for the public funds which they allegedly diverted during their stay in office.
It will be recalled that based on petitions from individuals and groups in Rivers State, the EFCC had carried out investigations into the management of Rivers State resources in the eight years that Odili held sway and released a verdict towards the end of 2006, detailing how the state’s funds amounting to over N100 billion were diverted.