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Friday 4 March 2016

3 Imo officials in EFCC net over alleged diversion of N2bn bailout fund...


The Economic and Financial Crimes Commission, EFCC, is currently interrogating three officials of the Imo State Government over alleged diversion of N2 billion bailout meant for the payment of civil servants salaries in the state.


The three men arrested on Wednesday night were; Dr. Obi Paschal Chigozie, Principal Secretary to Governor Rochas Okorocha; Uzoho Casmir, Director of Finance and Iheoma Kenneth, Treasurer.

 Their arrest was as a result of an investigation into the alleged diversion of  money made available to the state by the federal government as a loan to settle outstanding salaries of workers,who had threatened to go on strike before the President Buhari's administration opted to bailout the state along with others across the country.
The money was given to the state by the federal government as a loan to settle outstanding salaries of workers, who had threatened to go on strike before the Buhari administration opted to bailout the state along with others across the country.

Read more at: http://www.vanguardngr.com/2016/03/3-imo-officials-in-efcc-net-over-alleged-diversion-of-n2bn-bailout-fund/
Rumor has it that the cashier had made cash withdrawal of N456.532 million between September 3, 2015 and October 10, 2015 from the Government House account domiciled in Zenith Bank.
However, it was revealed that, the said amount was given to an aide of the Chief of Staff to the Governor, following approval and directive by the Principal Secretary to the Governor.
THREE officials of the Imo State Government are now telling operatives of the Economic and Financial Crimes Commission, EFCC, all they know on alleged diversion of N2 billion bailout meant for the payment of civil servants salaries in the state. The three men; Dr. Obi Paschal Chigozie, Principal Secretary to Governor Rochas Okorocha; Uzoho Casmir, Director of Finance and Iheoma Kenneth, Treasurer, were arrested on Wednesday night. Their arrest followed an investigation into the alleged diversion of the said money which revealed that the cashier had made cash withdrawal of N456.532 million between September 3, 2015 and October 10, 2015 from the Government House account domiciled in Zenith Bank. However, it was revealed that, the said amount was given to an aide of the Chief of Staff to the Governor, following approval and directive by the Principal Secretary to the Governor. A statement made available to journalists, yesterday by the Spokesman for EFCC, Mr. Wilson Uwujaren, said the three men would be arraigned in court as soon as investigation into the scam was completed. The money was given to the state by the federal government as a loan to settle outstanding salaries of workers, who had threatened to go on strike before the Buhari administration opted to bailout the state along with others across the country.

Read more at: http://www.vanguardngr.com/2016/03/3-imo-officials-in-efcc-net-over-alleged-diversion-of-n2bn-bailout-fund/

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