The Permanent Secretary in the Ministry of Health, Sir Somiari Isaac, has stated how N9.5bn Rivers state fund was mismanaged by the Rotimi Amaechi-led government, ThisDay reports.

Speaking before the Judicial Commission of Inquiry probing the ex governor, he said Amaechi separately spent $30.2million and N3.49billion, totaling an estimated N9.530 billion, for the non-existent Justice Adolphus Karibi-Whyte Hospital.


Isaac said Amaechi’s administration had partnered Clinotech Diagnostic and Pharmaceutical Services, Inc. Canada to build a 15-storey 1000-bed Justice Adolphus Karibi Whyte Specialist Hospital, in 2008, but apart from an empty space of land at Igwuruta, no foundation was laid.

He revealed that the MoU entered into by both parties in 2008 stipulated that while the Rivers State government holds 40 per cent equity, Clinotech would have 60 per cent of the investment in the specialist hospital.

The original cost of the hospital was put at $98million out of which Rivers State paid $30.200million representing 40 per cent of its equity share upfront.

Available records showed that Clinotech did not pay any monies in respect of its 60 per cent shareholding.

The permanent secretary informed the commission that he had checked for both the MoU and the shareholders agreement but did not find them.

Isaac disclosed that Amaechi later contracted the construction of the hospital to Clinotech Turnkey and Management Limited.

“I found out that the sponsors of Clinotech Turnkey and Management Limited were also the sponsors of Clinotech Diagnostic and Pharmaceutical Services Inc, Canada. So the Rivers State government was again, with the same persons that failed to deliver at the first instance.

“From the response that we got from Clinotech, they claim to have been disappointed by their foreign financiers. Clinotech did not tell us what happened to the $30.200million that was paid to them by the Rivers State government.”

“The second instance was a straight forward contract in which the Rivers State government was meant to pay 20 per cent of the total cost of the project which stood at N3.49billion. The Rivers State government awarded the contract at the cost of $150million.”

He added that the Rivers State government was solely the owner of the hospital in the second arrangement with Clinotech Turnkey and Management Limited.

“From the records available to me, former Governor Amaechi was so disappointed and angry when he visited the site at Igwuruta, in October 5, 2010, that he ordered the company to evacuate the site," he said.

He added that he (Isaac) had also visited the site only to find some prefabricated materials on ground.

"I also saw about five or six trucks that have been vandalised at the sight. Their engines, tyres or doors have been removed. I felt so sad," he added.

cc:lalastica

http://www.nigerianewsheadlines.com/?p=8025

typing

Amaechi means 'do u know 2mao'
Answer is 'yes' cous jail sure pass.

Thou PMB wont permit instead no ministerial appointment for him.

Amaechi is a big ole

Damn...What a country we have

Ezenwammadu:
Amaechi is a big ole

Please kindly vote for me here https://mobile.twitter.com/runzlord/status/639602054546255872?p=v
The link to the voting page is in that status, cos I can't post the link directly on Nairaland.

It a a palm selfie contest by samsung.

Is there a chance that in this case, there is an extent to which be was duped?

menix:
Amaechi means 'do u know 2mao'
Answer is 'yes' cous jail sure pass.

Thou PMB wont permit instead no ministerial appointment for him.

Please kindly vote for me here https://mobile.twitter.com/runzlord/status/639602054546255872?p=v
The link to the voting page is in that status, cos I can't post the link directly on Nairaland.

It a a palm selfie contest by samsung.

He was scammed

The general of common sense..
The only man who doesn't like money..

U are a disgrace to SS

I am convinced he was a thief but I think in those early days some pole might have swindled him.
He was not that experienced