How Gov Amaechi Stole $300 Million Rivers’ Interest In 4 Power Plants

Former Rivers State governor, Rotimi Amaechi, has been accused of
mischief by the state government in his claims that the incumbent
governor, Nyesom Wike’s probe into his administration is a
witchhunt.
The state’s commissioner for Housing, Emma Okah, in a statement
released on Monday, June 22, 2015 explained that since Amaechi
claims to be innocent, he should therefore not fret about the probe
further revealing that Amaechi sold off 70% of the state’s interest in
four power plants without the money being properly documented.
Okah said: “There is nothing wrong or immoral for an administration
that received and managed on behalf of the people of Rivers State
to explain some of its actions suspected to be fraudulent. The
people have the right to know.
“The Wike administration is merely protecting the people’s interest
by inquiring into how public resources were wasted or
misappropriated by the past administration and every lover of
democracy and rule of law should not complain, blackmail the state
government or divert attention from that.
“The simple thing Amaechi needs to do, if invited by any
commission of enquiry, is to state his side of the story and tender
documents to buttress his case. There is nothing to fear if his hands
are clean.
“Is it proper for Amaechi to sell off 70 percent of Rivers State
Government interests in the state’s four power stations (Eleme,
Omoku, Afam and Trans Amadi, Port Harcourt) at the cost of
$302.400 million and the entire money was withdrawn between
December 2014 and April 2015 without any document of transaction
or payment into any government account. Who owns the Bureau de
Change company that received the money and who authorised the
receipt and where is the money?”