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Misappropriation Of #61m: In Isuikwuato LGA, Investigate Chima Agbaeze Now - Politics - Nairaland

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Misappropriation Of #61m: In Isuikwuato LGA, Investigate Chima Agbaeze Now by chuksahamefule: 10:13am On Dec 25, 2020
A group known as International Corruption Fight Organization is calling for the investigation of the six months tenure as Transition Committee Chairman of Isuikwuato LGA of the newly sworn in chairman of the council, Hon.Chima Agbaeze over an alleged misappropriation of over #61m.

The group questioned how Chima Agbaeze's led caretaker Committee can spend such amount of money on unverified projects in Isuikwuato. The group is basing its call on a document made available to it from a source.

The group also questioned how the Chima Agbaeze led caretaker Committee can claim to have spent #2,440,500 for the reconstruction of the council's legislative chambers ,repair of road from the council's headquarters to Isuikwuato High School at cost of #8,554,150, Another #5,440,750 for energizing of Umuobiala transformer,#20,000,000 for the construction of Isuikwuato motor park Ahaba Isenyi/Acha Rice Depot,Another #15,000,000 for the installation of solar lights,#3,000,000 for school desks ,#6,000,000 for evacuation of refuse dump in Ahaba/Uzuakoli Road and another #1,000,000 on a scam back to school program.

The anti -corruption organization queried how Chima Agbaeze led caretaker Committee claimed to have spent #6,000,000 of Isuikwuato people's money on just refuse disposal, the group said they wondered whether Chima Agbaeze was exploring crude oil ,that he has to expend such a huge amount on just refuse disposal.

The group also questioned how Chima Agbaeze can claim to have spent #20,000,000 to construct a park in Isuikwuato. It described that claim as false and unverifiable.

The group also called on Chima Agbaeze and his team to explain to the people of Isuikwuato what sort of back to school program they executed that gulp the entire some of #1,000,000.They also ask him to state the schools that benefitted from the desks he claimed to have expended #3,000,000 to execute.

ICFO said it is surprised over the claim by the Agbaeze led committee that it spent #15,000,000 for the installation of solar lights and another #5,440,750 just to power a transformer.

The group is therefore calling on Governor Okezie Ikpeazu, the Abia state house of Assembly, the Economic and Financial Crime Commission to Investigate the alleged monumental fraud perpetrated by Hon. Chima Agbaeze and his cohorts amounting to the tune of #61, 435, 400 in just six months.

The group said if over sixty one million naira was allegedly misappropriated by Chima Agbaeze in just six months, they wondered what will happen to the revenue that accrues to the people of Isuikwuato in the next two years.

The group spokes person Chima Okezie Okoro revealed that they will be heading to the court to compel anti corruption agencies of government to investigate Chima Agbaeze if the newly sworn in council boss does not give Isuikwuato people details of how he spent above #61m in his six months as TC Chairman.

Re: Misappropriation Of #61m: In Isuikwuato LGA, Investigate Chima Agbaeze Now by Bluntguy: 10:39am On Dec 25, 2020
No local government in Abia state sees that kind of money in a year @op. Ikpeazu and his masters corner all allocations as they come. Or are you asking Ikpeazu to be the judge in his own case?

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