Ex-Governor Obi defends Dr. Ngozi Okonjo-Iweala , says ‘’Only the President Approves ECA Disbursement ‘’

Former Governor of Anambra State, Mr. Peter Obi, has condemned recent allegations that a former Minister of Finance, Dr. Ngozi Okonjo-Iweala, supervised the alleged embezzlement of some funds from the Excess Crude Account (ECA).
According to Obi, the release of funds from the ECA cannot be done without the approval by the president. This he said was the trend not just under former President Goodluck Jonathan, but also during the tenure of former presidents Olusegun Obasanjo and the late Umaru Musa Yar’Adua.
The former Anambra State governor said this during an interview with journalists.
Edo State Governor, Mr. Adams Oshiomhole, recently opened a floodgate of attacks against Okonjo-Iweala.
He had alleged that $20 billion was missing from the ECA and other sources. Thereafter, he said it was $10 billion, N720 billion and at another time he alleged that the amount was $2.1 billion. He had also accused the former minister of using $1 billion from the ECA to fund the re-election of former President Goodluck Jonathan.