Saturday, 29 August 2015

Why EFCC is probing former Rivers State Governor

The Economic and Financial Crimes Commission (EFCC) has allegedly commenced a probe on ex-Gov. Amaechi.

Reports say the EFCC swung into action, following a petition written a Port Harcourt-based good governance association, The Integrity Group.

According to reports from Guardian Newspapers, “The Integrity Group alleged that Rivers State electric power projects were sold and the proceeds converted to other uses, through payments, amounting to N60 billion, to three companies all located at the same address in Trans Amadi, Port Harcourt. The petitioners alleged that the transfers, made in US Dollars, occurred within a space of one week, between 1st December 2014, and 8th December, 2014. “


Guardian also reports that the EFCC has written series of letters purportedly signed by its Head of Economic Governance, Olufunke Adetayo-Ogunbode, to the Permanent Secretary, Ministry of Finance, in Rivers state, seeking clarification  of the allegations.

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