AD

Amaechi Must Account For Sold Assets – RSG


Rivers State Government, on Monday, said the former governor and current Minister of Transportation, Rt Hon Chibuike Rotimi Amaechi must account for the over $308 Million (about N112Bn) which was the proceeds from the sale of Rivers State gas turbine power stations towards the twilight of his administration.

The state government in a statement it issued in Port Harcourt on Monday through the Commissioner for Information and Communications, Emma Okah, and made available to theportcitynews, stated that the sale of the power stations and subsequent diversion of the proceeds into other personal serving ventures by the minister was the reason Governor Amaechi’s government abandoned so many uncompleted projects and owed salaries and pensions to workers before he left office in 2015.

Okah noted that apart from the power assets which the former governor sold, he also sold the Olympia Hotel and other high-value state assets under suspicious circumstances and the Justice Omereji Commission of Inquiry was asked to inquire.

The statement added that Justice Omereji Commission of Inquiry investigated the spurious sales and indicted the Minister of Transportation and instead of refunding the money, the Minister rushed to court to set aside the findings of the Commission.

“He lost at the high court and at the Court of Appeal. With his appeal to the Supreme Court been abandoned because for over a year, he has failed to file a brief of argument” Okah said, noting that this is the reason the Minister is arm-twisting his party members in the state and forcing on them their anointed flag bearer in the 2019 governorship polls.

“Instead of explaining why he took such contagious economic steps against the State, the former governor and Minister of Transport is busy blackmailing the Government of Rivers State and supporting the Economic and Financial Crimes Commission (EFCC) to disobey existing court orders and harass the Government of Rivers State and her officials.

“For the avoidance of doubts, Rivers State Government is not against the fight against corruption. Our case is that there are two perpetual court injunctions restraining the Commission from investigating the finances of Rivers State Government and until those injunctions are vacated by a superior court, the Commission is duty bound in law to respect it irrespective of how worried the former governor may feel today” the statement added.

According to Okah, “0n 15th September 2010, the Transport Minister, then as Governor of Rivers State protested the interference of the EFCC in the finances of the State at that time and urged them to vacate the two judgements of the State High Court dated 16/02/2007 and Federal High Court dated 20/03/07 respectively.

“The EFCC under Mrs Farida Waziri agreed with Rivers State Government and allowed the rule of law to prevail.

“It is therefore very funny that the same person who told the EFCC to leave the state alone in 2010 is urging the same commission to invade the State even when the injunctions have not been vacated.

“The Rivers State Government assures the Transport Minister that the law has not changed and the facts remain the same and so his collusion with the Commission to harass Rivers State Government and her officials will not work”

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

More Top Stories

‎Finidi hails team’s game Control as they Open Two-Point Gap‎
Why Are They Still There?’ Esin Questions NFF Technical Team After World Cup Failures
‎Bronze Isn’t Gold: Eagles’ Ex coach Peseiro Reacts To AFCON Outcome‎‎‎
Shehu Dikko Pushes for Upgrade and Proper Maintenance of Sports Infrastructure
2026 World Cup: Super Eagles Face Harsh Reality After Failed Qualification
‎NFF appoints Akeem Busari as new Flamingos coach
HRM Summons PHED, Asks Reason For Recent Power Outage
Will Nigeria Replace Iran in the 2026 FIFA World Cup?
Osimhen Out of Hospital After Successful Surgery, Eyes Quick Return
Osimhen Backed for Man United Move as Butt Says He Can Elevate Sesko
Drama Erupts as Verydarkman Fires Back at Blessing CEO Over Cancer Claim
Kpai Them All!” — Sarian Martins Unleashes Fury, Links Blessing CEO’s Illness to ‘Spiritual Payback’
Nwaiwu Earns Super Eagles Call-Up as Bassey Withdraws Ahead of Iran, Jordan Friendlies
Super Eagles star Alex Iwobi Leads 7-Man Premier League Player of the Month Shortlist
Delta Queens Edge FC Robo In Five-Goal Thriller to Boost Super Six Push
‎Injury knocks out ‘Super’ Calvin Bassey as Eagles suffer Int’l Friendlies blow‎
Osimhen Set for Race Against Time as Galatasaray Target Quick Return
Super Eagles Open Camp in Turkey Ahead of Iran, Jordan Friendlies
Chukwueze Set for Permanent Fulham Move After Impressive Loan Spell
Rivers United Humiliated as Nasarawa United Run Riot in 4–1 Thriller
‎Chelle can win next AFCON, He deserves a new contract –Ibitoye‎
‎Rivers United blame CAF Champions League for slump‎
Morocco National Team Captain Rejects AFCON Title, Backs Senegal as True Champions
‎Title race heats up as Rivers, Rangers face defining fixtures‎‎
Oborevwori Denies Assaulting Kickboxing Coach in Reimbursement Row
‎NFF faces court notice over congress misconduct‎
FULL CIRCLE AT WEMBLEY: ARSENAL, MAN CITY AND A FINAL LOADED WITH HISTORY
Finidi George Under Pressure as Rivers United’s Title Grip Slips
Osimhen Injury Shifted Momentum as Liverpool Power Through-Slot
Rivers United Stumble Again as Niger Tornadoes Strike Late to Deepen Title Tension
‎Ademola Lookman Cruise into UCL Q’finals, Osimhen Crash out‎
CAF Strips Senegal of AFCON Title, Crowns Morocco Champions After Dramatic Final Controversy
Ikorodu City Dominate Rivers United to Seal Crucial Home Victory
Rivers United Confront Tough Ikorodu City Test as NPFL Title Race Reaches Boiling Point
Obi Mikel Demands NFF Leadership Resignation After Nigeria’s World Cup Failure
Super Eagles Calvin Bassey is a beast” –Bryan Mbeumo‎
Ibinabo Fiberesima Opens Auditions For Web Series In Port Harcourt
Tinubu, NFF Mourns Former Super Eagles Coach Adegboye Onigbinde
Lemina Header Sinks Liverpool as Galatasaray Claim Crucial First Leg Victory
D’Tigress Arrive Lyon Ahead Of 2026 FIBA Women’s World Cup Qualifying
NPFL: Rivers United Trash Bendel Insurance to Remain Top
MTN Suspends Xtratime Airtime, Data Borrowing Service
Ozuoba Residents Call for Support for Vigilante Group
Fubara Pushes Housing Reforms, Backs Investment at Property Summit
RVSG Targets Traffic, Urban Decay in Port Harcourt Overhaul
‎NFF’s Eguaoje bags US Soccer Federation B-Licence badge‎
Nigerian Writers Rep Global Stage with Commonwealth Prize

Leave a Reply

Your email address will not be published. Required fields are marked *