Thursday, 27 August 2015
N60bn Sale Proceeds: EFCC Probes Amaechi
The commission will beam its searchlight on some of Amaechi’s projects executed while in office.
Acting on a July 29 petition, the EFCC has already written to the Permanent Secretary of the state’s Ministry of Finance and the Accountant General to furnish it with details on the projects being investigated.
The group’s petition alleged that the state’s electric power projects were sold and proceeds converted to other uses, adding that about N60 billion, being proceed from the sale of the power projects was paid to three companies in Port Harcourt. It alleged that the transfer of the funds was done within one week, between December 1, 2014 and December 8, 2014.
The group equally alleged in the petition that the proposed Karibi Whyte Specialist Hospital, Port Harcourt, had cost Rivers State about N4.63 billion but failed.
Also, The Integrity Group accused Amaechi of appointing a firm of tax consultants, that was allegedly collecting 12 per cent of taxes collected, on a much lower monthly collection target of N2.5 billion, as against the five per cent administrative cost enjoyed by Rivers State Internal Revenue Service, in accordance with the law.
It said the state’s revenue service was generating about N7.5 billion revenue before the tax consultants came in.
While reacting to the petitions, in three letters, dated August 31, 2015, the EFCC asked the Ministry of Finance and Accountant General of the state to furnish it with details of the projects the petitioners complained about.
Signed by Olufunke Adetayo-Ogunbode, Head, Economic Governance, the EFCC asked the Permanent Secretary, to explain certain things relating to the sale of the state power projects and Karibi Whyte Specialist Hospital, which was handled by Clinoriv Specialist Hospital and Leisure Limited.
The EFCC letters to the Permanent Secretary, Ministry of Finance, on the sale of the power projects, entitled: “Investigation activities: Sale of state power projects,” stated: “The Commission is investigating a case of conspiracy, abuse of office and fraud.
Source: The Sun