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Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill - Politics - Nairaland

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Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by naija2dabone(m): 3:08am On Dec 22, 2014
The governorship candidate of the Labour Party, LP, in Rivers State, Tonye Princewill, has accused Governor Rotimi Amaechi of selling the state’s assets to an indigenous oil company, Sahara Energy, and using the fund that accrued from the sale to finance the activities of the All Progressives Congress, APC.

PREMIUM TIMES recently reported how assets such as Olympia Hotel, Abonemma Wharf, Risonpalm and the power generating stations in the state were sold to Sahara Energy.

Mr. Princewill alleged that the over $800 million realized from the sale of the assets was never lodged into the coffers of the state government.

“Money changed hands but the accounts they entered were not necessarily Rivers state government’s officially operated accounts,” he said.

He also alleged that there is no evidence of competitive tendering, independent valuation or a transparency in the entire process, arguing that the “Rivers people cannot be sure they got a good deal”.

“In one instance approximately $400 million changed hands over an asset that could easily be worth twice that. Why the secrecy?” he said.

Mr. Princewill, who said he worked for the success of Mr. Amaechi during his election in 2007, also accused the governor of using threat and intimidation to force the sale of the assets to Sahara Energy after the company began to develop cold feet funding the politics of an opposition party.

“Incidentally the partners in the company (who were) uncomfortable with the obvious attempt to finance the politics of Amaechi hesitated to approve the transactions.

“But a prompt threat from the Rivers Government made them rethink. Can anyone say they did not know what the money would be used for?

“Amaechi is one of the chief financiers of the APC election and a close ally of Buhari,” he said.

He also accused the Rivers governor of using some of the proceeds of the sale to launch international propaganda for the 2015 election.

“Information reaching me is that international media organizations have already been paid in USD from these transactions to come and cover the 2015 elections in a Tahrir square strategy.

“The aim of the opposition is to gather crowds in a single location and beam pictures around the world creating the impression that the whole country is in chaos,” Mr. Princewill said.

Efforts to get the Rivers Information Commissioner, Ibim Semenitari, to react to the allegations were unsuccessful. She did not return calls and sms sent to her at the time of publishing.

Why I moved to Labour Party

PREMIUM TIMES’ exclusive chat with Mr. Princewill was preceded by a Press Conference, in which he told the media the reasons he recently left the Peoples Democratic Party, PDP, to the Labour Party, LP.

He said the PDP did not treat all the aspirants in Rivers State fairly in the process that produced former Minister of Education, Nyesom Wike, as the candidate of the party in the state.

He said rather than agonise like others, he chose to look for a platform that shares the same belief and aspirations like him to actualize his dream of running for governor.

“2015 has been on our mind since 2007, the time has come and we have tried as much as we could to play it fair, and reasonable, but the PDP felt that in their best interest they are going to impose a candidate on us.

“While other aspirants had not had the good fortune, wisdom, courage or opportunity to move parties, I have; and I have moved into a party that I can quite comfortably call home,” he said.

He said he strongly believes that he has the support of the people, because unlike most politicians from the state, he declined to take up positions in the Senate and the federal cabinet.

“I declined both Senate and Ministerial positions to remain with the people.

“I stayed out of government and kept my political structure intact,” he said.

Mr. Princewill also stated that politicians are often forced to move from one party to another because most political parties in Nigeria lack ideology.

He, however, said the Labour Party is different because it stands for something, which he also believes in.

“The Labour Party has an ideology and concept of what government should be doing which is similar to my own,” he said.

“I am someone who believes that business should be allowed to thrive, but the ordinary people must be carried along, jobs need to be created and people need job security. I also believe that we should be looking at jobs for all, not just creating contracts for a few and in that light, the Labour party and myself share quiet a lot.

“We believe in social housing, free education, free health care and also believe that business should be partners with employees instead of a master/ servant relationship,” he said.

Mr. Princewill said the Labour Party would be his last political party.

“It is safe to say that I am not going to be moving again, if Labour party disappoints my constituency, then I will be quitting politics completely. I am not going back to PDP under any circumstances.

“I intend to finish my political career in the Labour Party whether I win or lose the next election,” he said.

He added that with his movement to the party and his adoption as its candidate, eleven other political parties have joined forces to endorse him as their candidate in 2015

“A press conference will be held in the next few days to unveil that position.

For 2015 in Rivers State, it is going to be the PDP, APC, and the rest. We are the underdogs, but that is the kind of underdog I prefer to be,” he said.
Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by dunkem21(m): 3:11am On Dec 22, 2014
Interesting.
Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by phransix147(m): 3:17am On Dec 22, 2014
Is it reasonable?
Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by GANJAFARMER: 3:50am On Dec 22, 2014
grin

1 Like

Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by mrvitalis(m): 4:21am On Dec 22, 2014
BRO is a risk what taking ...IF TRUE .....to get back our stolen oil wells
...
...
from 22bn a month to 11bn a month ....yet the guy keep working ...
...Jonathan owe rivers state over 30bn
..
.. i will only hate ameachi if someone can show.me any reason why ...
..AMEACHI. should not be angry with jonathan
..
..took his oil wells .
refuse to refund his money he used on fedral roads
havent done anything for the state
and want to impose a thug as governor

2 Likes

Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by manutdadex(m): 5:17am On Dec 22, 2014
mrvitalis:
BRO is a risk what taking ...IF TRUE .....to get back our stolen oil wells
...
...
from 22bn a month to 11bn a month ....yet the guy keep working ...
...Jonathan owe rivers state over 30bn
..
.. i will only hate ameachi if someone can show.me any reason why ...
..AMEACHI. should not be angry with jonathan
..
..took his oil wells .
refuse to refund his money he used on fedral roads
havent done anything for the state
and want to impose a thug as governor
u shud be stone to death! And u wil stil come here and blame Gej for ur problem! You are jst dat stupid no wonda u re where u are!

11 Likes

Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by talktimi(m): 5:56am On Dec 22, 2014
mrvitalis:
BRO is a risk what taking ...IF TRUE .....to get back our stolen oil wells
...
...
from 22bn a month to 11bn a month ....yet the guy keep working ...
...Jonathan owe rivers state over 30bn
..
.. i will only hate ameachi if someone can show.me any reason why ...
..AMEACHI. should not be angry with jonathan
..
..took his oil wells .
refuse to refund his money he used on fedral roads
havent done anything for the state
and want to impose a thug as governor
wow !
Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by AmucheJane(f): 7:06am On Dec 22, 2014
manutdadex:
u shud be stone to death! And u wil stil come here and blame Gej for ur problem! You are jst dat stupid no wonda u re where u are!
Don't mind the fool.

1 Like

Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by AmucheJane(f): 7:07am On Dec 22, 2014
GEJ till 2019.
Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by Caseless: 8:32am On Dec 22, 2014
manutdadex:
u shud be stone to death! And u wil stil come here and blame Gej for ur problem! You are jst dat stupid no wonda u re where u are!
u are a duck. Can u dispute what d guy u quoted has written?

2 Likes

Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by mrvitalis(m): 8:45am On Dec 22, 2014
manutdadex:
u shud be stone to death! And u wil stil come here and blame Gej for ur problem! You are jst dat stupid no wonda u re where u are!
hmmm ok what did i say that is a lie bro ...just tell me

1 Like

Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by Caseless: 8:58am On Dec 22, 2014
Look at the princewill that was pocketed and later chased out of pdp is ranting.
Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by MudRaker: 9:01am On Dec 22, 2014
Amaechi is really a mad man but I don't blame him but the rubber stamp house of assembly which has refused to do the needful by impeaching this useless Udeme on grounds of financial misappropriation and embezzlement.
Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by MudRaker: 9:01am On Dec 22, 2014
Caseless:
Look at the princewill that was pocketed and later chased out of pdp is ranting.

Stop your useless lies.

Besides we know where all PDP rejects go.

2 Likes

Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by naija2dabone(m): 9:34am On Dec 22, 2014
Can this make FP? Posibility = 0.000000000000123
Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by banki(m): 9:37am On Dec 22, 2014
MudRaker:
Amaechi is really a mad man but I don't blame him but the rubber stamp house of assembly which has refused to do the needful by impeaching this useless Udeme on grounds of financial misappropriation and embezzlement.

Ameachi is bad for sponsoring his party but Akpabio Dickson theodoe orji,chime etc are ok.....you guys make me laugh....

Ameachi is not perfect but he is miles ahead of many PDP governmors even if you hate him and keep deceiving yourself, deep down inside you in your heart you know this government has failed.

Whereever you are in Nigeria right now is unsafe...the commander in chief is busy blaming enemies and other people, Whereever you are in Nigeria all the nurses are on strike, the president is busy politicking, wherever you are in Nigeria there is still no light the president is there speaking English, wherever you are in Nigeria you dig yourown borehole and provide wagter for your self, wherever you are in Nigeria cost of flour beans rice sugar etc is higher than what it ever was, wherever you are in Nigeria the dollar is trading at 190naira.

WHAT MORE PROOVE DO YOU NEED .....THIS GOVERNMENT HAS FAILED YOU AND ME

1 Like

Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by mazzi: 9:40am On Dec 22, 2014
mrvitalis:
BRO is a risk what taking ...IF TRUE .....to get back our stolen oil wells
...
...
from 22bn a month to 11bn a month ....yet the guy keep working ...
...Jonathan owe rivers state over 30bn
..
.. i will only hate ameachi if someone can show.me any reason why ...
..AMEACHI. should not be angry with jonathan
..
..took his oil wells .
refuse to refund his money he used on fedral roads
havent done anything for the state
and want to impose a thug as governor
shame on u!!!brainwashed rat.
Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by MudRaker: 9:42am On Dec 22, 2014
banki:


Ameachi is bad for sponsoring his party but Akpabio Dickson theodoe orji,chime etc are ok.....you guys make me laugh....

Ameachi is not perfect but he is miles ahead of many PDP governmors even if you hate him and keep deceiving yourself, deep down inside you in your heart you know this government has failed.

Whereever you are in Nigeria right now is unsafe...the commander in chief is busy blaming enemies and other people, Whereever you are in Nigeria all the nurses are on strike, the president is busy politicking, wherever you are in Nigeria there is still no light the president is there speaking English, wherever you are in Nigeria you dig yourown borehole and provide wagter for your self, wherever you are in Nigeria cost of flour beans rice sugar etc is higher than what it ever was, wherever you are in Nigeria the dollar is trading at 190naira.

WHAT MORE PROOVE DO YOU NEED .....THIS GOVERNMENT HAS FAILED YOU AND ME
If Amaechi was so good then why wasn't his funding and campaingn zeal rewarded with the VP position?

Charity they say begin at home. Since Amaechi has declared the APC political affairs above that of his primary responsibility of administering the Affairs of Rivers why did you not give him the VP slot?


Mumu

2 Likes

Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by mazzi: 9:44am On Dec 22, 2014
talktimi:
wow !
no be small wow.hahahahaha...that guy is brainwashed.

1 Like

Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by banki(m): 9:57am On Dec 22, 2014
MudRaker:

If Amaechi was so good then why wasn't his funding and campaingn zeal rewarded with the VP position?

Charity they say begin at home. Since Amaechi has declared the APC political affairs above that of his primary responsibility of administering the Affairs of Rivers why did you not give him the VP slot?


Mumu

You make me laugh was Ameachi the only person that funded APC, Ameachi called a rally, all the other APC governors called rallies for different reasons what campaigning Zeal did he do...

people like you abused him for asking WHAT DID JONATHAN REALY DO FOR RIVERS PEOPLE? till today you guys have not answered the question instead you go from pillar to post abusing Ameachi, at least amongst the APC heirachy am sure he is still regarded and respected, but in the PDP he won an election at the governors forum, the same Mr president and his group denied him..

what has ameachi done that all the other PDP governors did not do? which one is abandoning rivers matters for APC political matters, has the president done anything to quell the strike of the nurses and doctors over 3months now, is Benue state governor not running up and down doing campaign while workers in his state haven't been paid for 3months, wasn't he part of PDP governors that donated 50million each to reelect a thieving fraudulent incompetent government.

At least we all acknowleged Ameachi has tried as rivers governor WHAT DID JONATHAN DO AS BAYELSA GOVERNOR? even as president ordinary east west road is taking them 10years to complete...

2 Likes 1 Share

Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by mrvitalis(m): 10:23am On Dec 22, 2014
mazzi:
shame on u!!!brainwashed rat.
bro tell me what i.said that is wrong ....i.dre u say what i said that is not true
.
.now tell me who among me and u is brainwashed
.
.if u rivers state was ur own company will u give.it to wike to run?? tell me

2 Likes

Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by Flets: 10:29am On Dec 22, 2014
banki:


Ameachi is bad for sponsoring his party but Akpabio Dickson theodoe orji,chime etc are ok.....you guys make me laugh....

Ameachi is not perfect but he is miles ahead of many PDP governmors even if you hate him and keep deceiving yourself, deep down inside you in your heart you know this government has failed.

Whereever you are in Nigeria right now is unsafe...the commander in chief is busy blaming enemies and other people, Whereever you are in Nigeria all the nurses are on strike, the president is busy politicking, wherever you are in Nigeria there is still no light the president is there speaking English, wherever you are in Nigeria you dig yourown borehole and provide wagter for your self, wherever you are in Nigeria cost of flour beans rice sugar etc is higher than what it ever was, wherever you are in Nigeria the dollar is trading at 190naira.

WHAT MORE PROOVE DO YOU NEED .....THIS GOVERNMENT HAS FAILED YOU AND ME

I hope you APC dumbos gets paid heavily for sounding dumb?

2 Likes

Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by mazzi: 10:33am On Dec 22, 2014
mrvitalis:

bro tell me what i.said that is wrong ....i.dre u say what i said that is not true
.
.now tell me who among me and u is brainwashed
.
.if u rivers state was ur own company will u give.it to wike to run?? tell me
sori if i use derogatory words on u.But wot princewill shud be comdemd by every rivers man.
Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by Nobody: 10:33am On Dec 22, 2014
mrvitalis:
BRO is a risk what taking ...IF TRUE .....to get back our stolen oil wells
...
...
from 22bn a month to 11bn a month ....yet the guy keep working ...
...Jonathan owe rivers state over 30bn
..
.. i will only hate ameachi if someone can show.me any reason why ...
..AMEACHI. should not be angry with jonathan
..
..took his oil wells .
refuse to refund his money he used on fedral roads
havent done anything for the state
and want to impose a thug as governor
AMAZING

1 Like

Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by Nobody: 10:41am On Dec 22, 2014
Tonye Princewill in Labour Party? Omg.. The fothcoming Rivers Guber election will surely be a 3-horse race between LP(Princewill), APC (Peterside) and PDP(Wike). Princewill's enterance as LP candidate has changed the initial calculations. Peterside and APC needs lots of campaigns.
Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by sluvy4tune(m): 10:51am On Dec 22, 2014
Tonye shud shut the Bleep off.....by next month we go know how e be







#DAPS2015 #GreaterTogether
Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by oziegbe2015: 10:52am On Dec 22, 2014
U mean the same way peter odili used rivers money to sponsor pdp yar adua election hoping he would be vp. Have u noticed that anytime a sitting gov of rivers is spear heading a party campaign in the general elections, that party wins it. It wont be different this time

1 Like

Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by rozayx5(m): 10:53am On Dec 22, 2014
sluvy4tune:
Tonye shud shut the Bleep off.....by next month we go know how e be







#DAPS2015 #GreaterTogether

so this is all u could say to the weighty allegations against him
and u expect people to see APC as change, wow
obinoscopy
seun
ishilove
this is frontpage material,

1 Like

Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by rozayx5(m): 10:55am On Dec 22, 2014
manutdadex:
u shud be stone to death! And u wil stil come here and blame Gej for ur problem! You are jst dat stupid no wonda u re where u are!

stoning is too ceremonious for him, he should be stoned, hanged and shot simultaneously undecided

1 Like

Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by mrvitalis(m): 11:00am On Dec 22, 2014
mazzi:
sori if i use derogatory words on u.But wot princewill shud be comdemd by every rivers man.
i dnt get u
Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by Deapexboy(m): 11:25am On Dec 22, 2014
Pple jst helping apc to carry out campaign..


Buhari til GEJ tel us wat he used our Subsidy money 4,wat happuning to our economy,why rice is sold 4 #60

1 Like

Re: Amaechi Sold Rivers’ Asset To Fund APC, Buhari – Tonye Princewill by sluvy4tune(m): 11:47am On Dec 22, 2014
rozayx5:


so this is all u could say to the weighty allegations against him
and u expect people to see APC as change, wow
obinoscopy
seun
ishilove
this is frontpage material,



I would have taken the allegations seriously if it was coming from a serious person not Tonye Princewill

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