Tuesday, August 25, 2015

HOW AMAECHI CONVERTED N4BN AGRIC LOAN

The judicial commission of inquiry set up by Governor
Nyesom Wike of Rivers State to look into the alleged sale of assets of state by
the administration of former Governor Rotimi Amaechi has disclosed that former
local council chairmen in the state diverted about N3 billion from the N4
billion agriculture loan granted by the Central Bank of Nigeria (CBN).
The commission made the disclosure during its
maiden sitting in Port Harcourt, on Monday; even as its chairman, Justice
George Omereji, assured Amaechi and others that the commission was not on a
witch-hunt mission.

This was as the state former Commissioner for
Agriculture, Mr Emma Chinda, shunned the invitation sent to him to appear
before the panel on Monday. Read More

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