Rivers Sole Administrator Accuses Fubara of Looting N15 Billion, Orders Probe

Rivers Sole Administrator

The Sole Administrator of Rivers State, Vice Admiral Ibok-Ete Ibas (retd.), who was appointed by President Bola Tinubu, has accused suspended Governor Sim Fubara of allegedly looting N15 billion from the state’s coffers.

As part of the investigation, former Head of Service Dr. George Nwaeke—who recently resigned—has been placed under scrutiny to determine his role in the alleged financial misappropriation.

While details of the purported looting remain unclear, sources suggest that the probe may be a strategic move to keep Governor Fubara entangled in legal battles until his tenure effectively ends in 2027.

It is yet to be confirmed whether the Economic and Financial Crimes Commission (EFCC) or the Department of State Services (DSS) is handling the investigation into Nwaeke’s involvement in the case.

More details follows

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