Governor Monday Okpebholo has formally received the report and resolutions of the Edo State House of Assembly committee investigating the Museum of West African Art (MOWAA) and Radisson Blu Hotel projects, signalling a new phase in the state’s audit of controversial investments. The Assembly’s five-member panel documented concerns over the alleged structure, ownership and financial oversight of both projects, which have drawn public debate over the former government’s handling of state funds.
Upon receipt of the documents, Okpebholo announced plans to invite the Economic and Financial Crimes Commission (EFCC) to conduct a further investigation into issues raised by the committee’s findings, such as claims that state investments reportedly about ₦3.8 billion in MOWAA and over ₦28 billion in the Radisson Hotel may not have been properly reflected in ownership structures. The governor said involving the EFCC would help clarify whether business processes were conducted appropriately and in the best interests of Edo residents.
The Assembly’s recommendations, which Okpebholo said will be fully implemented, include revoking an allegedly fraudulent Certificate of Occupancy and initiating legal actions to recover funds held by escrow agents, as well as steps for the state to take control of the hotel and MOWAA properties.
Supporters of the governor say the probe and the EFCC invitation signal a commitment to accountability and transparency in public projects, while critics including the former governor implicated by the report have challenged elements of the investigation.
