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Friday, 21 August 2015

I Left N10billion in Rivers Treasury - Amaechi

Rotimi Amaechi, the immediate past governor of Rivers state,has reacted to allegations he left the state treasury empty as alleged by the incumbent government.
Amaechi n a statement he released yesterday, 20th, August said;
"A total of N7.5 billion cash were left behind as balances in the State Internally Generated Revenue (IGR) account with Skye Bank, FAAC account with Zenith Bank, balances with Access Bank and funds in the State reserve fund account in First Bank.
This is besides other balances in the state Government House account with Zenith Bank and other government MDA accounts, like the Bureau for Public Procurement (BPP). By the time you pull all these together, we are looking at readily available cash in the region of eight to ten billion naira left for the Wike administration.”he said

 Meanwhile a Rivers State High Court sitting in Port Harcourt, yesterday okayed probe of Amaechi’s administration by the incumbent government.

At the hearing of the suit filed by Amaechi, the presiding judge, Justice Simeon Amadi, stated that contrary to Amaechi's assumption, the Commission of Enquiry was not established to investigate his personal activities while in government but was set up to investigate activities of his government as it affected the people of the state and that there was no law against a state government probing how her resources was used by a previous administration.

The presiding judge also stated that Amaechi’s claim that the 30 days set aside for the sitting of the judicial commission of Enquiry would deny him fair hearing was only speculative as the days for the commission of enquiry could be extended if need be. The judge said Amaechi could not make such assumptions of been denied fair hearing when he had neither filed a memorandum before the commission nor appeared before it.
He concluded by saying
“The judiciary is not only the last hope of the common man, but it is also the last hope of the mighty and movers and shakers of democracy. Those, who by the benevolence of the judiciary got to power, should resist the temptation to emasculate the judiciary.”

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