Former Governor Seriake Dickson of Bayelsa State has reacted to the allegation of diversion of N17.5 billion.

Dickson said; “However, for the avoidance of doubts, let me state that my family investments, Seriake Dickson Trust Incorporated, were made between 1996 and 2012 before I became governor.”

“These investments were funded by loans and advances and repaid from salaries, allowances, savings and others. One of them is still on mortgage and I have made these documents available to the EFCC…”

“About two weeks ago, I received an invitation from the EFCC to clarify some issues relating to assets declarations as alleged by an NGO.”

“On account of our busy schedule at the time, I wrote to inform them and we agreed to reschedule the interview for Tuesday.”

“As a law-abiding citizen and with a life-long commitment to supporting law enforcement and security agencies, I honoured the invitation as rescheduled.”

“I understand that the subject matter of the enquiry relates to investments of my family trust, which I incorporated while being a member of the House of Representatives to hold my family assets and investments, which were made between 1996 and 2012 before I became governor.”

“I understand that there is a petition from an NGO alleging that these investments (largely buildings, plots, farms, etc, in my village, Orua, Yenagoa, and two buy-to-let houses in the UK were not declared.”

“I have a duty to clarify these issues with the investigating authorities who, by law, have the responsibility to enquire into these matters.”

“However, for the avoidance of doubts, let me state that my family investments, Seriake Dickson Trust Incorporated, were made between 1996 and 2012 before I became governor.”

“These investments were funded by loans and advances and repaid from salaries, allowances, savings and others. One of them is still on mortgage and I have made these documents available to the EFCC.”

“These investments were declared in my assets declaration form at the House of Reps in 2011; my Governorship Form in 2012, 2016, 2020 after I left office and the Senate Assets Declaration Form this year.”

“I went beyond these declarations and wrote several letters to the appropriate agencies, copies of which have been made available to the EFCC.”

“My trust and I subscribed to the federal government Voluntary Assets Income AND Declaration Scheme (VAIDES) and also paid the necessary taxes.”

“As a result of blackmail from some quarters, the Trust and I went to the Federal High Court where there is a subsisting judgment declaring that no Nigerian law is breached by a public officer who takes loans and other verifiable avenues to make investments for his family provided these are declared.”

“It should be on record that I have since resigned from the Trust Administration since 2011 before I became Governor.”

“My solicitors and those of the trust have written to the EFCC to clarify these issues with the accompanying documents.”

“I witnessed a turn of event when I got to the EFCC and I was confronted with alleged diversion of funds totaling N17.5 billion.”

“I was confronted with a fresh petition by the EFCC outside of what I was invited for.”

“However on getting to the commission, the investigating team came up with a new allegation of diversion of flood funds in 2012 totaling N17.5 billion.”

“The petition further alleged that the money was used for my re-election in 2019. The fact is that there was no such donation about the 2012 flood in Bayelsa.”

“Curiously, there was no mention of donor or where the money came from. There was also no re-election for governorship in Bayelsa in 2019 which are clear proofs that the petition was totally frivolous.”

“The commission, after looking into these allegations, has since asked me to return home on self-recognition.”

“I have authorised this statement to be released for the avoidance of any misinformation.”

“But the affected assets were acquired before I became governor, I had consistently declared the assets with the Code of Conduct Bureau (CCB).”

“The petition filed against me at the EFCC by a non-governmental organisation (NGO) for alleged diversion of funds is frivolous.”