• Contact Us
  • About Us
Saturday, June 6, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Politics

Alleged N96bn Fraud: Amaechi To Appear Before Wike’s Commission Of Inquiry As Abaribe Moves To Challenge His Governor

metro by metro
May 27, 2022
in Politics
0
0
SHARES
0
VIEWS

 

Presidential aspirant under the aegis of the All Progressives Congress (APC), Rotimi Amaechi, will now have to appear before a Commission of Inquiry in Rivers State, where he would answer to allegations regarding his involvement in a N96 billion fraud levelled against him by Governor Nyesom Wike.
This is even as it was further learnt that Enyinnaya Abaribe, senator representing Abia south, who resigned his membership of the Peoples Democratic Party (PDP) a while ago may be seeking to return to the senate on the platform of the All Progressives Grand Alliance (APGA).
Okezie Ikpeazu, Abia governor, will lock horns with Abaribe for the seat currently occupied by the senator.
Ikpeazu had earlier clinched the PDP ticket for the Abia south senatorial district election.
However, upon assuming office as governor, Wike constituted a 7-man panel to probe Amaechi, seeking to ascertain how his predecessor had spent a whooping N96 billion which was allegedly withdrawn from the treasury of the state government during his tenure.
The Commission was also to take a critical look into the alleged sales of valuable assets belonging to Rivers State, during the period of Mr Amaechi’s tenure.

Read Also

Africa Forward Summit Concludes In New Era of Africa–France Partnership

Heads Of State Convene on Second Day of Africa Forward Summit In Nairobi

Africa No Filter announces inaugural Council as it expands its reach on the continent and beyond.

Listed assets as specified by the Wike-led government include but are not limited to the Omoku Gas Turbine, Afam Gas Turbine, Trans Amadi Gas Turbine, Eleme Gas Turbine, Olympia Hotel and the award of contract for the execution of Mono Rail Project.
Riled by his successor’s brazen move, Amaechi approached the courts, praying that they prohibit Wike from investigating his eight-year tenure as governor of Rivers.

ALSO READ:Abaribe Resigns As Senate Minority Leader, Dumps PDP
The appeal lingered in the courts for quite a while, with the High Court of Rivers State and the Court of Appeal, dismissing the former governors suit and prompting him to seek respite in the Supreme Court.
However, a ruling by the apex Court on Friday, May 27, may have dismissed the former minister’s plea, thereby, establishing that Amaechi will have to appear before the Commission of Inquiry headed by Justice George Omereji.

 

Previous Post

Court Declares Jonathan Qualified To Contest 2023 Presidential Election

Next Post

Alleged N96bn Fraud: Rivers Leaders Will Decide If We Prosecute Amaechi – Wike

Related Posts

Business

Africa Forward Summit Concludes In New Era of Africa–France Partnership

May 15, 2026
Business

Heads Of State Convene on Second Day of Africa Forward Summit In Nairobi

May 15, 2026
Business

Africa No Filter announces inaugural Council as it expands its reach on the continent and beyond.

December 9, 2025
Economic Development

The Gambia: Laying the Foundations for Stable Growth and Jobs

November 26, 2025
Next Post

Alleged N96bn Fraud: Rivers Leaders Will Decide If We Prosecute Amaechi – Wike

WHO and China Strengthen Health Cooperation in Cabo Verde

June 4, 2026
Abbey Transitions To Commercial Bank Amid Calls For More Affordable Housing

Abbey Transitions To Commercial Bank Amid Calls For More Affordable Housing

June 4, 2026
Poland Score Late To Force Draw Against Nigeria In Friendly Match

Poland Score Late To Force Draw Against Nigeria In Friendly Match

June 4, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version