Investigate Ikpeazu’s Govt Now, Alex Otti Tells EFCC, ICPC

The All Progressives Grand Alliance (APGA) governorship candidate in Abia State, Alex Otti, on Wednesday urged the Economic and Financial Crimes Commission (EFCC) and other anti-graft agencies to probe past and present governments in the state to unravel the “disappearance of billions of naira accrued to the state.”

The ex-group managing director of Diamond Bank stated this at a press conference in Lagos, where he condemned the National Assembly’s approval of $200 million African Development Bank (AFDB) loan for the state.

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“I demand that the National Assembly should review its decision taken few weeks ago and quickly withdraw or reverse its approval of the $200 million loan.

“As any money given to the Abia State government by the issuing body is bound to disappear going by its crazy record of financial recklessness.

“Besides, the capacity to repay this humongous loan has not been demonstrated in any way or form, irrespective of the outdated document titled: ‘Abia State Integrated Infrastructure Development Project’ dated October 2015, which was the only document placed in front of the Assembly for the loan.”

According to Otti, the administration of Governor Okezie Ikpeazu has left many Abia workers miserable because they were owed eight months’ salary arrears despite several billions of Naira that have accrued to the state.

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“There is absolutely no doubt that the Ikpeazu/PDP led government does not mean well for Abia State and its people as the consistency of negativity of the government, especially in the management of the people’s commonwealth has assumed a provocative and insulting dimension, hence the need for all men of good conscience to collectively raise their voices in saving the state by calling Dr. Okezie Ikpeazu and his collaborators to order so that they don’t plunge Abia and Abians into long term financial and economic chaos,” Otti said.

The APGA chieftain said the anti-graft agencies should beam their searchlight on the God’s Own State and commence urgent investigation in order to unravel the mystery on why the state has remained in ruins despite all the money it has garnered from allocations, Internally Generated Revenues (IGR), bailouts and loans.

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