Connect with us

Breaking News

Former Governor Amaechi Accused Of Withdrawing N55bn From Rivers’ Treasury In 1 Year

Published

on

Former governor of Nigeria’s Oil rich Rivers state, Rotimi Amaechi has been dragged into a fresh scandal of alleged looting of state treasury.

Amaechi, an All Progressives Congress, APC chieftain who is widely reported to have funded the President Muhammadu Buhari’s campaign heavily is reported to have drained Rivers state reserves from N55 billion to N1.24 billion within the time frame of a single year.

Out of the amount allegedly withdrawn by Amaechi, N53.93 billion was said to be without a list of expenditure. Budgit, a civic startup that disseminates budgets and public data, made the revelation on Sunday, via its Twitter handle.

Budgit stated that it obtained the information from FBN trustees, while disclosing the figures.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *