TROUBLE!!! EFCC Is Coming For Okorocha, For Buying Votes With Billions Of Stolen Imo State Funds

By Post-Nigeria: May 20, 2019 16:51

TROUBLE!!! EFCC Is Coming For Okorocha, For Buying Votes With Billions Of Stolen Imo State Funds

The Economic and Financial Crimes Commission, EFCC, has said that it froze N5 billion funds, belonging to the Imo State Government, because Governor Rochas Okorocha was spending too much money in a suspicious manner, during the 2019 general elections.

The EFCC, further stated that the N8 billion Paris Club loan refunded to the State for the payment of salaries, was mismanaged by Okorocha.

The EFCC Zonal Head for the South-East, Usman Imam, disclosed this during a chat with Journalists.

Imam maintained that their timely intervention saved the State over N5 billion, that would have been deployed in vote-buying by the Okorocha administration, during the last elections.

The EFCC Director, revealed that about N8 billion from the Paris Club Refund bailout meant for payment of workers’ salaries was kept by the government, only to begin spending it frivolously on the eve of the elections.

He said: “About N7.9 billion is what had been blocked, although with pressure, subsequently, about N2.5 billion was released for salaries. On the whole, we have over N5 billion of those funds blocked; we are following up to see what actually happened.

“Honestly, what we discovered was that within two days, N700 million was withdrawn in cash; N200 million on the first day and N500 million on the second day and all these monies were disbursed in a manner that was honestly unpalatable.

“Distribution to school teachers; I don’t know, schools that you were not funding and you woke up on the eve of the election and withdrew N500 million cash and start distributing N1000 each or so to teachers. Whatever that means, I don’t know.

“When we came in, we were able to save about seventy something million of the funds that we discovered were not disbursed, we also blocked it. People are still answering questions as to who asked them to move those monies, monies that were blocked at the banks.”

Imam revealed that it was unfortunate the funds in question were meant for the payment of salaries and pensions which remained unpaid.

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