December 1, 2023
Abuja, NG 22 C

A publication of Tari Media & Publications

N96b alleged fraud: Rotimi Amaechi loses bid to stop probe

rotimi amaechi

Mr Chibuike Rotimi Amaechi, a presidential aspirant from the  political party of All Progressives Congress , APC, and former Governor of Rivers State, has lost his legal battle to halt his investigation into alleged N96b fraud and alleged fraudulent sale of valued Rivers State assets.

The Supreme Court in a judgment just delivered ordered Amaechi to go and face the Commission of Inquiry set up by the Rivers State Government to investigate his 8-year tenure as governor of the State.

The apex Court dismissed Amaechi’s appeal where he had asked for order of the court to prohibit his successor, Governor Nyesom Wike from investigating his 8-year tenure as Executive Governor of the State.

Justice Adamu Jauro, who read the lead judgment in Amaechi’s suit, concluded that it lacked merit and should be dismissed.

The Supreme Court upheld the judgments of the Rivers State High Court and the Court of Appeal, which had previously dismissed the same suit for lack of substance and merit.

Reports states that the apex court also slammed N1 million fine against Amaechi.

With the final decision of the apex court, Amaechi will be made to appear before the Commission of Inquiry headed by Justice George Omekeji to give account of how N96b was allegedly withdrawn from the Treasury of the State government and how it was expended.

The Commission of Inquiry inaugurated by governor Nyesom Wike is to look into the lawful or otherwise of the alleged sale of valuable assets of the State.

The listed valuable assets are Omoku Gas Turbine, Afam Gas Turbine, Trans Amadi Gas Turbine, Eleme Gas Turbine, Olympia Hotel and the award of contract for the execution of Mono Rail Project.

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