Amaechi Spent N53 Billion – Rivers State Judicial Panel

A judicial panel of enquiry set up by the Rivers state government has reported it’s findings to Governor Nyesom Wike.

Former Rivers state governor Rotimi Amaechi who was invited to appear before the panel has repeatedly alleged that he is being witch hunted by Wike’s administration.

A high court quashed Amaechi’s motion to stop the judicial panel from investigating him. Despite this, Amaechi refused to appear before the panel.

Governor Amaechi went a step further by suing the Rivers state PDP for libel and slander.

The Chairman of the judicial panel, Justice George Omereji alleged that Rotimi Amaechi squandered N53 Billion of the state’s reserve fund while he served as Governor.

“There was the sum of N55 billion in the State Reserve Fund. Between 2014 and May 2015, they (immediate past administration) were able to remove N53 billion and we found out that the money (N53 billion) was not used for the projects in the state. The money went to individuals. From the papers submitted to us, we also found out that the money was given to people they like.

“We went to the site of the Justice Karibi Whyte Hospital, we did not see anything at all. When I told the project contractor to come with us (panel) to the place, he said snakes would bite us.

“But I insisted that we should go there. Behold, by the time we went inside, we did not see anything. The whole billions of Naira given to the man cannot be accounted for. We have recommended that those found culpable should refund the money. We even recommended that some people should be prosecuted.

“I don’t want to tell you those that will be prosecuted. It is not good for me to reveal the content of the recommendations now because we have just submitted our report.”

“We hope that the government will act fast and by the time the government looks into this report and act fast, it will be able to recover billions that are still stashed in where they kept them.

“That money belongs to Rivers people and they should be recovered so that we can use it for the people of Rivers State,”

It is unclear which way the case is likely to go with Amaechi having been nominated as a minister in president Buhari’s cabinet.

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