Kogi state has given the EFCC a 48-hour ultimatum to retract the statement accusing the state of diverting about N20bn bailout funds.

The State commissioner for Information, Kingsley Fanwo at a news briefing in Lagos said the state will institute a suit against the EFCC failure to apologize after the expiration of the ultimatum.

He said the action of the EFCC is politically motivated to tarnish the rising profile of Governor Yahya Bello.

Kingsley Fanwo challenged the EFCC to show any evidence linking the state Government to the money deposited in a new generation bank.

The Kogi commissioner for Information also noted that the EFCC under Abdulrasheed Bawa has continue to ignore due process in carrying out their duties.