Amaechi loses bid to stop alleged N96bn fraud probe
By Abiola Obayomi • Friday 27th May 2022 Politics & Governance 101 views
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Amaechi loses bid to stop alleged N96bn fraud probe

The Supreme Court has declined a suit seeking to stop the planned probe of N96 billion fraud allegedly involving the former Minister of Transportation, Rotimi Amaechi, during his time as the Rivers State Governor.

While dismissing the suit on Friday, the appellate court in a unanimous judgement by a five-man panel of Justices, submitted that there was no justification to stop the probe of the All Progressives Congress presidential aspirant.

Amaechi’s suit at the High Court of Rivers State and Court of Appeal had earlier been dismissed prompting his case at the Supreme Court. He is seeking to stop a probe into the alleged N96 billion sale of assets belonging to Rivers State.

The incumbent Governor Nyesom Wike had constituted a seven-man probe panel to probe Amaechi over the sale of assets. Wike asked the panel to look into the lawful or otherwise, sales of valuable assets of the state.

The listed valuable assets are Omoku Gas Turbine, Afam Gas Turbine, Trans Amadi Gas Turbine, Eleme Gas Turbine, Olympia Hotel, and the award of contract for the execution of monorail project.

However, Justice Adamu Jauro who read the lead judgement on Friday, held that Amaechi’s appeal lacked merit and dismissed it.

The court also ordered Amaechi to face the probe panel that was set up by the Rivers state government to investigate his 8-year tenure as governor of the state.

The court also fined the presidential aspirant N1 million.

 

 

 

[Punch]

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