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Amaechi accused of stealing N3trn

18 July 2016, 17:00

Rivers - The Rivers State Government has accused former Governor Rotimi Amaechi of misappropriating N3 trillion from the coffers of the state in eight years, Daily Trust reports.

The State Commissioner for Information, Dr. Tam-George who levelled the allegation against Amaechi, remarked that while Amaechi’s administration borrowed N4 billion agricultural loan from the Central Bank with no record of farmer-beneficiaries.

He said Governor Wike’s N2 billion loan from the same source had recorded 35 000 beneficiaries that were small and medium scale entrepreneurs.

The All Progressives Congress (APC), however, denied the allegation.

The party's publicity secretary in Rivers State, Chris Finebone, said the allegation was unfounded, as Amaechi could not have wasted such sum under any circumstances.

- News 24


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