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Wike Lied On Empty Treasury; We Left Him Billions Of Naira In Cash And Assets – Amaechi

The immediate past Governor of Rivers State, Rt. Hon. Chibuike Rotimi
Amaechi has refuted claims by his successor Nyesom Wike that he left an
empty treasury. Governor Wike had consistently maintained that he met a
completely empty treasury when he took over as governor.
Only on Wednesday, while trying to justify why he took a total of
N30billion bank loans from Zenith and Access banks under 30 days in
office, Wike had through his spokesman, Opunabo Inko-Tariah told Today
95.1FM, a radio station in Port Harcourt that he met an empty treasury
when he took over government. However, Amaechi has openly put a lie to
Wike’s claim, saying he left billions of naira in cash and economic
assets for Rivers State.
In a statement released by the former Governor’s Media Office Thursday,
Amaechi revealed that a total of N7.5billion cash were left behind as
balances in the State Internally Generated Revenue(IGR) account with Skye
Bank, FAAC account with Zenith Bank, balances with Access Bank and funds
in the State reserve fund account in First Bank.
“This is besides other balances in the state Government House account with
Zenith Bank and other government MDA accounts, like the Bureau for Public
Procurement (BPP).  By the time you pull all these together, we are
looking at readily available cash in the region of eight to ten billion
naira left for the Wike administration.”
“It’s also pertinent to point out here that former governor Amaechi also
left economic assets worth tens of billions of naira for the State. Just
like cash, the assets store value. These assets that are scattered in
diverse sectors of the economy were developed or built or procured with
revenue that accrued to the state during Amaechi’s tenure. The assets
belong to Rivers State, not Amaechi.  Some of these assets are presently
yielding revenue to the state coffers, and many can be easily and readily
converted to cash, if the State so desires.”
“It is therefore disingenuous and fraudulent for Wike to claim that
Amaechi left an empty treasury in his bid to justify the N30billion loans
he collected under 30 days in office. Rather than this puerile and silly
distraction of always pointing accusing fingers at Amaechi, Wike  should
come out to explain to Rivers people what he took the loans for, account
for and justify every kobo that has been spent from the loans”, the
statement concluded.

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