March 22, 2019

Imo PDP accuses Okorocha of looting state funds

Imo PDP accuses Okorocha of looting state funds

The Imo State chapter of the Peoples Democratic Party (PDP) has accused outgoing governor, Rochas Okorocha of massive looting of the state’s treasury.

This was disclosed in a statement signed by the Imo State PDP Chairman, Charles Ezekwem on Friday March 15th 2019 which alleged that Okorocha had made major withdrawals amounting to N17bn from various banks.

The banks include Access Bank, Zenith Bank, Unity Bank and Skye Bank (now Polaris Bank).

Also Read: 2019 Elections: ‘I’ll surpass Saraki’s achievements in four years’ – Oloriegbe

Okorocha was further said to have “transferred ownership and re-registered over 150 government vehicles to individuals” while other properties such as electrical transformers totalling over 300 were moved to Ogboko, the hometown of the outgoing governor.

The statement disclosed that the governor had engaged in mass employment and backdating same with a view to causing problems for the incoming government.

“These massive and fraudulent looting of Imo treasury is in addition to the previous looting of Paris and bailout funds and the plunging of the state into huge indebtedness,” Ezekwem explained in the statement.

The PDP warned financial institutions against any further collaboration with Okorocha else, they may be prosecuted.

Candidate of the PDP, Hon. Emeka Ihedioha had won a fiercely-contested gubernatorial election in Imo state held on March 9th, beating Okorocha’s favoured candidate and son-in-law, Prince Uche Nwosu of the Action Alliance (AA).


We think you'd love these too...

Related posts

Leave a Reply

Your e-mail address will not be published. Required fields are marked *