Amaechi Illegally Withdrew N53bn From Rivers Treasury In 15 Months – Wike
Rotimi Amaechi, Minister of Transport[/caption]
Governor Nyesom Wike of Rivers State has again accused his predecessor, Rotimi Amaechi of illegally withdrawing N53 billion from the state’s treasury without passing through due process.
Governor Wike made this allegation, Thursday, while signing into law, five bills passed by the State House of Assembly.
The governor signed the bills for Rivers State Education (Return of Schools) Amendment Number 1 Law, Number 1 of 2017; Rivers State Honours Law Number 2 of 2017; Rivers State Reserve Fund (Repeal) Law Number 3 of 2017; Rivers State University Law Number 4 of 2017; and Rivers State University Teaching Hospital Law Number 5 of 2017.
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Governor Wike explained that the Rivers State Reserve Fund Law Number 3 of 2017 became imperative following alleged financial recklessness experienced under the administration of Amaechi who is the current Minister of Transport
“Between February 12, 2014 and May 27, 2015, the (immediate past APC administration in the state) withdrew N53 billion without passing through due process.
“The state is today suffering from the financial recklessness of that administration as it squandered state resources through illegal withdrawals,” Wike said.
