Okorocha Withdrew 17bn From State Coffers In Three Days, Says PDP


Charles Ezekwem, Chairman of the Peoples Democratic Party (PDP) in Imo State, has accused Rochas Okorocha, the incumbent Governor of the state, of withdrawing N17billion from four banks in three days and converting government property to personal use.

Ezekwem said this while addressing a press conference in Owerri, the capital city of Imo State, on Saturday.

The state chairman claimed Okorocha withdrew the funds between Tuesday, March 12, 2019, and Thursday, March 14, 2019, from Access Bank, Zenith Bank, Unity Bank and Skye Bank (Polaris).

He said: “In the last two days alone, Governor Okorocha and his cronies transferred ownership and re-registered more than 150 government vehicles to individuals. Government property including furniture and electronics in Government House, Owerri, are being moved out to Ogboko, Ideato South, the governor’s country home.

“About 300 uninstalled transformers have been moved to the governor’s home in Ogboko.”

The party further alleged that there was ongoing mass employment and back-dating of dates of employment with a view to creating problems for the incoming government.

“We are also aware of the rampant issuance of Certificates of Occupancy to family members and friends of the Okorocha family,” the party said.

According to the party, those involved in the act do so at their own peril.

However, in response to the allegation, Okorocha, through his Chief Press Secretary, Sam Onwuemeodo, urged the public to ignore what he termed the posturing of the incoming PDP government, saying the party lacked the right to harass the current government and financial institutions until they were sworn in.

He said: “There is a government in place and until May 29, 2019, that government should continue to work in the interest of the state and her people and also continue to carry out programmes and policies for the same purpose, until its tenure ends. To begin to harass or give directives to financial institutions in the state is an act of hostility and they should know that.

“The financial institutions in the state should disregard such directive and continue to do the right thing and take the right action since the best they can do is to confront the outgoing government on any financial transaction they have reservations about when they take over.’’

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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