News

Otti Wants EFCC, ICPC to Investigate Past Governments

The All Progressives Grand Alliance (APGA) governorship candidate in the 2015 general elections, Dr. Alex Otti, has called on Economic and Financial Crimes Commission (EFCC) and Independent Corrupt Practices and Allied Offences Commission (ICPC) of past and present governments so as to unravel the mystery behind the disappearance of billions accrued to the Abia State Government.

Otti, a former Managing Director of Diamond Bank, while speaking at a press briefing in Lagos also noted that the mis-governance in the state has assumed a frightening dimension and has become an intolerable embarrassment even as Abians are groaning as a result of mounting debts owed workers.

He also called on the National Assembly to quickly review and withdraw its approval of 200 million Dollar loan approved for Abia State government.

The alleged loan is supposedly coming from the African Development Bank (AFDB) with a tenure of about 20 years with a seven year moratorium.

According to him, “This primitive and callous administrative ineptitude has left many Abia workers being owed up to eight months’ salary arrears, making their lives and those of their families miserable.

“Mind you, the above mentioned funds and other funds secured by the Ikpeazu/ PDP led government has nothing to do with the tens of billions of naira gotten by the government as statutory monthly allocations and internally generated revenues.”

__________

Follow us on Twitter at @thesignalng

Copyright 2017 SIGNAL. Permission to use portions of this article is granted provided appropriate credits are given to www.signalng.com and other relevant sources.

Leave a Reply

Your email address will not be published.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

Related

Nigeria

The Labour Party (LP) has affirmed Abia State Governor, Alex Otti, as its national leader and is wishing the party’s presidential candidate in the...

Nigeria

Chairman of Dangote Industries Limited (DIL), Aliko Dangote, has filed a formal corruption petition against the former Managing Director of the Nigerian Midstream and...

News

The former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, has insisted that his only interaction with the Economic and Financial...

News

The Economic and Financial Crimes Commission has listed Adamawa-born entrepreneur, industrialist, and investor Abdullahi Bashir Haske, wanted in connection with alleged criminal conspiracy and...

Copyright ©

Exit mobile version