The Nigerian Times Exclusive: Judith Rotimi
Amaechi in a Multi-Billion Naira Corruption
Scandal.



Judith Amaechi, the shrewish wife of
Rotimi Amaechi, the immediate past
governor of Rivers State has been indicted
in a multi-billion naira corruption scandal,
Nigerian Times can reveal.


As President Muhammadu Buhari heads to
Washington to beg the Americans to help
out with his much vaunted anti-corruption
war, insiders are cringing at the
composition of his delegation. Rotimi
Amaechi was personally selected by the
president. Nigerian Times’ checks at the
villa showed that the president may not be
aware of the existence of the dossier but
the Americans know and may not take
Buhari’s anti-corruption paean seriously.

Nigerian Times learnt in the weekend that
the dossier itself is less than sixty days
old. As the story goes, the Economic and
Financial Crimes Commission (EFCC) had
received a petition sometime in February
this year. The petition detailed the various
financial dealings of Mrs Amaechi and how
aided by her husband, she had looted the
Rivers State treasury of billions of naira.


EFCC’s Findings

Her dealings are centered on three bank
accounts with a Port Harcourt branch of
First Bank. The accounts in the name of
Rajol Jireh Nig. Ltd, El-Madon Fellowship,
and Empowerment Support Initiative. The
first is her company; she is the biggest
shareholder and sole-signatory to its
accounts with her photo id. El- Madon
Fellowship, is a prayer group she started
when her husband was on the run for his
life as he lost the gubernatorial ticket in the
run up to the 2007 general elections. As
soon as the Supreme Court installed her
husband in office, she moved the prayer
group to the state house and got it
registered and emerged its sole signatory
with photograph submitted to the bank.

The last is her pet project as first lady.
The EFCC’s investigation found the
transactions on the following accounts
mind-boggling. Some of the accounts are
denominated in Naira, while others are in
Dollars. But one common factor of all the
accounts is that they contain huge sums,
which were only accessible to the former
first lady of Rivers State.


The Accounts Include:

1. ESI – 4344020003193, a fixed deposit
account
2. El-Madon Fellowship
-4344020002981, another fixed
deposit account,
3. Rajol Jireh Nig Ltd- 43440200031162,
the main account
4. Rajol Jireh NIG ltd 2010701975 Naira;
4344030000125, a dollar fixed deposit
account, and 2024239051 Naira fixed
deposit account
Staffers of First Bank are not allowed to
view these accounts, as they are
passworded. The EFCC found that over
eight billion naira passed through these
accounts since they were opened in late
2008.


Some of the looted funds are invested in
properties in Nigeria.
Nigerian Times learnt from a government
house source familiar with the transactions
that Mrs Amaechi’s method of transferring
money abroad was akin to a bonanza. The
bankers are encouraged to look for anyone
with about a million dollars. He or she is
then made a proposition: wire a million
dollars to an account abroad and the naira
equivalent plus an irresistible bonus is
negotiated. So once the money hits the
agreed account abroad, the naira
equivalent and the agreed bonus leaves
any of the First Bank accounts to another
commercial bank in Port Harcourt, then it
hits the accomplice’s account.

A source told of an unforgettable week
back in 2009 when five staff of the bank
were pulled off their desks to sort cash for
Mrs Amaechi. It wasn’t as thought they
were counting but were just pilling the
bundles and they never got to the bottom
of the cash until Sunday afternoon. They
started out on Thursday.

http://nigeriantimes.ng/news/exclusive-judith-rotimi-amaechi-in-a-multi-billion-naira-corruption-scandal/

Not likely to be true

adonbilivit

Wicke stop it

This piece of information smells real.

This should be another litmus test for PMB. I am anxious to see how he will fight corruption without fear or favour. Let's hope they won't give another ally a soft landing just as they did to Timipre Silva.

Hehehehe
If it's true, let her face the consequences.
We don too suffer for politicians hands for this country.

Most politicians are corrupt and the same regardless of parties.
Peter obi my regards to U

Hmmmmmmm

Reading comments

Ibilivit

Fighting corruption will indict everyone in Nigeria...even the new born baby is corrupt.

Following! This'll get interesting!

Nigeria film...loading....

feldido:
Fighting corruption will indict everyone in Nigeria...even the new born baby is corrupt.

I don't agree with you, please count me out. I'm not corrupt.


I was the president of my town union for 6 years, and I did not steal any money.

Amaechi's trip to USA with PMB will give lots of people high blood pressure

Just 8billion naira PASSED through the 3 accounts?

I hope this war against corruption will not be tainted with fear or favour.

Hmmmm

Huh , ghen ghen

Naija politics.

a source with no reputation. purely SaTANoids source.
i am not saying Amaechi is a saint. But d source is fake

Shut up my frd n face d mata on ground

feldido:
Fighting corruption will indict everyone in Nigeria...even the new born baby is corrupt.

If she's found guilty, she should be dealt with. But am very sure that former first lady might rot in jail or face firing squad because if her corrupt file is open ever since she's first lady in bayelsa, till her last day as Nigeria first lady, then they might be taking food to her in prison too instead of her taking food to her husband alone.

Brightology2:
Shut up my frd n face d mata on ground

Learn to respect people's views, can't u counter or criticise in a constructive way rather than insults?

Mods do the needful & throw this trash outta nairaland

So personal account can be solely pass worded . Account pass account. Who says all fingers are equal?

fake news

jeremiah4321:
Not likely to be true

Not likely to be false.
I bilivit.

Very likely to be true.