Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,143,248 members, 7,780,514 topics. Date: Thursday, 28 March 2024 at 03:45 PM

Shocking! Amaechi Used N4billion Agriculture Loan For Political Patronage - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Shocking! Amaechi Used N4billion Agriculture Loan For Political Patronage (1968 Views)

I Will Collect My N4Billion From Sahara Reporters – Saraki / Omoyele Sowore Reacts To N4Billion Slammed Against Sahara Reporters / EFCC Recovers N4billion Cash From Ex-Niger State Deputy Governorship Candidate (2) (3) (4)

(1) (Reply) (Go Down)

Shocking! Amaechi Used N4billion Agriculture Loan For Political Patronage by Blizzy9ja: 7:09pm On Aug 24, 2015
Rivers State indigenes and residents who turned out for the inaugural sitting of the Justice George Omereji-led Judicial Commission of Inquiry investigating the administration of Rotimi Amaechi over the sale of valued state assets and other matters were shocked as the counsel to the Commission, Dr Zacheus Andangor reeled out names and figures of former commissioners and local council chairmen who benefited from the N4billion loan obtained from the Central Bank of Nigeria to improve agriculture. Also, principal actor in the N4billion agriculture loan saga, Mr Emma Chinda stayed away from Monday’s sitting. Counsel to the Commission, Dr Zacheus Adangor informed the commission that he was duly invited to testify. He declared that another invitation has been extended to the former Agriculture Commissioner to appear on Tuesday, August 25, failure which the Commission would invoke its inherent powers in the State Commission of Inquiry law to compel him to appear before it. The Former Governor approved the conversion of the repayable loan to grant which will not be repaid for his associates who received the grants few days to the Presidential election on March 28, 2015 and Governorship election on April 11, 2015. All the political associates of the former Governor got the grants under the platform of 380 mother cooperative societies which were mainly drawn from the wards of the state and other principal interest groups of the former governor. Key associates of the former governor who received the grant apparently meant for the prosecution of the 2015 General elections include: Former Council Chairman of Ogba/Ndoni/Egbema (ONELGA) Local Government Area, Mr Austin Ahiamadu, who was President ONELGA Cooperative Society. His Society received N32.1million grant. Also Mr Nnamdi Uche, who was a former Vice Chairman of Port Harcourt City LGA received N134.6million as President of Port Harcourt Integrated Cooperative Society, Mr Ojukaye Amachree, former Chairman of Asari Toru LGA received N54.8million on behalf of Asari-Toru Cooperative Society. Other former chairmen who headed Cooperative Societies to receive grants include Mr Orji Ngofa of Eleme LGA, Mr Felix Nweke and Mr Mena Diende of Ogo/Bolo LGA. Testifying before the Judicial Service Commission on Monday, Mr Chijioke Grant Amadi, the Director of Planning, Research and Statistics of the Rivers State Ministry of Agriculture, who served as the Chairman of the Agriculture Credit Committee, said the committee had no terms of reference and all decisions of those who benefitted from the disbursement were taken by the former State Commissioner for Agriculture, Mr Emma Chinda. Mr Amadi said that Mr Chinda merely sent him the list of beneficiaries with the specific directive to instruct the banks to pay expeditiously to the benefiting cooperative societies. He told a stunned audience that no due diligence was carried out to ascertain those behind the cooperatives, claiming that he was hearing for the first time that the key beneficiaries of the grants were top politicians. Asked if he ever made any attempt to verify if the grants were used for the purpose for which they were released, Amadi noted that he was directed not to venture into such endeavour. He added that even if he wanted to do so, the State Ministry of Agriculture had no functional vehicle under former Governor Rotimi Amaechi to carry out monitoring. Also testifying, Permanent Secretary of the State Ministry of Agriculture, Mrs O.I. Okoye informed that though she was the chief accounting officer of the Ministry, she was not privy to the details of the operations of the Committee that disbursed the grants. She noted that the Committee set up by the former Commissioner of Agriculture, Emma Chinda excluded her.

www.scannewsnigeria.com/news/former-rivers-state-governor-used-n4billion-agriculture-loan-from-cbn-for-political-patronagegeneral-elections-judicial-commission-of-inquiry-told/

1 Like

Re: Shocking! Amaechi Used N4billion Agriculture Loan For Political Patronage by agarawu23(m): 7:10pm On Aug 24, 2015
any evidence to prove he truly diverted the money ? if yes, efcc aren't dead.

stop bringing silly news after his administration.
Anyone found guilty of corruption should be jailed. #shikena
Re: Shocking! Amaechi Used N4billion Agriculture Loan For Political Patronage by Immanueladebol(m): 7:10pm On Aug 24, 2015
Re: Shocking! Amaechi Used N4billion Agriculture Loan For Political Patronage by Omotayor123(f): 7:13pm On Aug 24, 2015
Waiting to hear it's a propaganda cool

Naija news has become a joke this days.. God punish evil doers!
Re: Shocking! Amaechi Used N4billion Agriculture Loan For Political Patronage by ladyF(f): 7:14pm On Aug 24, 2015
This is serious....
Re: Shocking! Amaechi Used N4billion Agriculture Loan For Political Patronage by Iykopee(m): 7:21pm On Aug 24, 2015
That money was given to APC members in the state as political compensation and not for real agricultural purpose. My neighbour got 10k and drank beer with it.....

2 Likes

Re: Shocking! Amaechi Used N4billion Agriculture Loan For Political Patronage by sdindan: 7:23pm On Aug 24, 2015
agarawu23:
any evidence to prove he truly diverted the money ? if yes, efcc aren't dead.

stop bringing silly news after his administration.
Anyone found guilty of corruption should be jailed. #shikena
dude you called this a silly news

chai!
kontinu

5 Likes

Re: Shocking! Amaechi Used N4billion Agriculture Loan For Political Patronage by agarawu23(m): 7:25pm On Aug 24, 2015
sdindan:

dude you called this a silly news

chai!
kontinu
yes sir!!!
Re: Shocking! Amaechi Used N4billion Agriculture Loan For Political Patronage by size40: 7:36pm On Aug 24, 2015
Story story. How much did ur GEJ and the PDP spent in d last election. Over 2 Trillion naira. Amaechi, my former governor has made his mark politically for single handedly booting GEJ and PDP out office. So cry from now till tomorrow it doesn't change anything.
Re: Shocking! Amaechi Used N4billion Agriculture Loan For Political Patronage by Ezenwammadu(m): 7:46pm On Aug 24, 2015
grin
Re: Shocking! Amaechi Used N4billion Agriculture Loan For Political Patronage by Bobbystanley(m): 8:03pm On Aug 24, 2015
Part of it was Channelled to Buhari Campaign Bank Account

1 Like

Re: Shocking! Amaechi Used N4billion Agriculture Loan For Political Patronage by richidinho(m): 8:07pm On Aug 24, 2015
Amaechi grin
Re: Shocking! Amaechi Used N4billion Agriculture Loan For Political Patronage by Agwoden(m): 8:14pm On Aug 24, 2015
agarawu23:
any evidence to prove he truly diverted the money ? if yes, efcc aren't dead.

stop bringing silly news after his administration.
Anyone found guilty of corruption should be jailed. #shikena
The same way oshomole and APC are giving out figures from four figure table with No evidence against NOI and GEJ.
Re: Shocking! Amaechi Used N4billion Agriculture Loan For Political Patronage by Nkemtreasure: 8:15pm On Aug 24, 2015
No wonder he went to court to stop the probe
Re: Shocking! Amaechi Used N4billion Agriculture Loan For Political Patronage by UmuEri(m): 8:19pm On Aug 24, 2015
Re: Shocking! Amaechi Used N4billion Agriculture Loan For Political Patronage by Nobody: 9:13pm On Aug 24, 2015
size40:
Story story. How much did ur GEJ and the PDP spent in d last election. Over 2 Trillion naira. Amaechi, my former governor has made his mark politically for single handedly booting GEJ and PDP out office. So cry from now till tomorrow it doesn't change anything.
So you dont care of Amaechi goes to jail??
Re: Shocking! Amaechi Used N4billion Agriculture Loan For Political Patronage by Nobody: 1:24pm On Jan 15, 2017
Iykopee:
That money was given to APC members in the state as political compensation and not for real agricultural purpose. My neighbour got 10k and drank beer with it.....
Some landlords in my area who were APC loyalist got 100k each during the gubernatorial elections.

Nothing about Ameachi surprises me, he's a known criminal.
Re: Shocking! Amaechi Used N4billion Agriculture Loan For Political Patronage by omolami: 4:12pm On Jan 15, 2017
Surely bubu will turn deaf hear to thia amaechi fraud , yet claiming to be fighting curroption. The money was spent to put bubu in power.

(1) (Reply)

Shame! Imo State The Only APC State In The Southeast Has No Minister In The List / Jubilation In Pst Usani Usani Home Town Pending Screening By Senate / We Are Not Winning Boko Haram, We Are Being Killed, They Are Lying

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 24
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.