We wish to inform the general public why we are criticizing the Chief Benjamin Uwajumogu led Imo House of Assembly. We are against their rubber stamp status, their puerile support to mis-governance in Imo State and unnecessary appendage to the executive. We are against men who have lost the morality to sit at the Imo House of Assembly, men who are building hotels all over Owerri from their loot, men who cannot win a bye election in Imo State if it is called upon today. They are a gang of thieves masquerading as legislators. But we tell you something, there is anger in Imo over the looting of the Imo treasury. Imo people are angry over the looting of the 27 LGA funds of Imo. Even wheel barrow chaps know that we are telling the truth and that the Imo House is part of this looting spree going on in Imo State. We are appealing to Imo people to speak out, to remain strong and join us in this fight against mis-governance and looting of Imo tax payers money.

It can be recalled that the Imo state Government during Chief Ohakim’s administration handed over to the Okorocha’s administration a balance of N13.3billion Imo state bond proceeds. Where is this money? We are against the criminal sharing of N45billion and N28billion loans illegally secured with Imo LGA’s allocations allegedly used for non-existent road contracts in various LGA’s. The former Deputy Governor of Imo State, Sir Jude Agbaso alone took N458 million representing 40% of a contract value and he was impeached.

Let’s impeach Chief Okorocha now. Of course, the zombie Imo law breakers don’t have the balls to call for Okorocha’s impeachement. They are part of the ongoing looting of Imo State treasury .In Governor Okorocha’s 2013 Budget Speech on page 9 paragraph 4 & page 13 paragraph 7, he listed a number of contracts he claimed are designed to put Imo State in the Guinness Book of Records for which he categorically stated that he had already paid 40% of the contract sums. Contracts in this category
include:

(a) Imo Towers of 1,000 Housing Units targeted at high net worth individuals and Imo citizens in the Diaspora,

(b) The Ecumenical Centre known as Amarachi,

(c) The Magnificent Towers known as Akachi,

(d) The five star crystal Hotel,

(e)Ultra-Modern shopping malls,

(f) Multilevel car parks,

(g) The Ultra-Modern Judiciary Headquarters,

(h) Princess Hotel, Okigwe,

Today, there is nothing anywhere in Imo to justify the payment of 40% advance as presented by the governor.

Who are the contractors? How were they engaged? Was there any advertisement? Was there bidding? Was there any appropriation before the said contracts were awarded? These are questions law enforcement should seek answers from the governor and his cohorts in Imo State House of Assembly

The graveyard silence maintained by the Imo State House of Assembly over the heartbreaking fraudulent activities being perpetrated by the Executive in Imo is a clear indication of criminal conspiracy and collusion to loot public funds

Signed

Kenneth Uwadi
http://famouspeoplenews./2013/10/12/press-release-by-imo-victory-organisation1/

Fool!!..u don yarn finish abi..oya go hug live transformer for all i care

Mallam Okonsha don turn Imo people to Sidon de look

Are u guys in this world? Most if not all of the projects mentioned above are all under construction. The ten or one thousand housing unit its located along ph road work is still at the site,the prince nd princess hotels orlu nd okigwe are also in progress rural road projects are also in progress though most of this projects are still at developmental stages

xtianh: Are u guys in this world? Most if not all of the projects mentioned above are all under construction. The ten or one thousand housing unit its located along ph road work is still at the site,the prince nd princess hotels orlu nd okigwe are also in progress rural road projects are also in progress though most of this projects are still at developmental stages

wic project re u tokng abot dat wil nt be completd in hs life tyme

...men who are building hotels all over Owerri from their loot

At least they built these hotels in their home state.... What should the people of Anambra say about their governor spending his own 'loot' in building 'world class' mall in Abuja, outside his state?

Shouldnt they be grateful that they buld this in Owerri unlike Peter Adaobi who build his in ABuja or Asari who builds his own in benin republic

Op, you are on a long thing. Check the bomb below:




[b]
The Revenue Mobilization and Fiscal Allocation Commission [RMFAC] earlier this month raised alarm on the debt burden of some states in the Federation. The National Assembly has also raised the same alarm.
The Imo State Government has severally said that she has no loans taken since the inception if this administration. But during the budget presentation, for the 2013 budget, it became clear that Imo State government is heavily indebted.
The budget reveals that twenty two (22) billion naira loan was obtained by this administration in 2011, and sixty one (61) billion naira obtained in 2012. The government further seeks the approval of eighty one (81) billion naira loan for the coming 2013. These figures do not include the forty five (45) Billion naira loan obtained from Zenith Bank using the Local Government Area Allocations, as collateral.
If the State House of Assembly approves the budget, with the requested 81 billion naira loan for 2013, Imo would have taken a total of 211 Billion Naira loan in 2years of Rescue Mission administration.[/b]


This is a serious problem because it amounts to mortgaging the future of Imo Youths. When you add the allocation received by the administration during this period, you will start to wonder what Imo have to show for these enormous amounts of money.
We must all be cognizant of the fact that our primary source of income in Imo State Government still remains the revenue allocation from the Federation. As a matter of fact, Revenue allocation to Imo State contributes over 98% of Imo State’s income.
Revenue allocation on the other hand is totally dependent on the volatile world oil market. With new oil discoveries every day in other parts of the world, and the decision by the United States to exploit her oil reserves, the price of oil may eventually be on a permanent downward trend. What this means to Imo State is, may be, we may have put our state in a situation that she may not be able to get out from. To compound the problem, none of these monies had been used in income yielding projects and assets.


If there are no substantial increases in the allocation to Imo State, Imo may be unable to service these loans, while paying the salaries of its work force. Already we are bow experiencing the early stages of serious financial hardships. Employees of Imo State University Teaching Hospital claim that the last salary they received was the salary for the month of September. It is now almost the end of December, and most of the employees of the teaching hospital have yet to receive October salaries.
Furthermore, retired primary school teachers in the state are also claiming to have only received January and February pension checks. How do you expect a pensioner to survive without his or her pension check for almost 10 months of the year? The right to pension is a vested right and should not be tampered with.


As a well meaning Imo citizen, I appeal to the members of the House of Assembly to take a very serious and look close at the budget before passing it. An additional penny loan to the state’s debt profile may spell doom for Imo State and her people. A state that has less than 130 billion naira total income annually cannot survive with over 200 billion naira debt. Passing the budget with the inclusion of 81 billion naira loan approval to the executive will amount to giving the executive the choice of either servicing the loan and keep Imo State from defaulting or being able to pay salaries of employees. Knowing our governments, past experience tells me that the choice may be retrenchment.
Imo must be better, but Imo can only be better of we do not spend the future of our children today.
Imo can only remain better, if she is returned back to the hands of God.

- See more at: http://www.imostateblog.com/2012/12/16/mortgaging-the-future-of-imo-children-dr-kelechi-okpalake/#sthash.6XRK9ZBn.dpuf

APC stakeholder: Fool!!..u don yarn finish abi..oya go hug live transformer for all i care

This level of irresponsibility from a sane human entity is shocking to say the least.

xtianh: Are u guys in this world? Most if not all of the projects mentioned above are all under construction. The ten or one thousand housing unit its located along ph road work is still at the site,the prince nd princess hotels orlu nd okigwe are also in progress rural road projects are also in progress though most of this projects are still at developmental stages

Everything in the state remains uncompleted. Can't we see some fully completed projects after almost three years of deafening noise about a rescuer?

Onyegecha:



Everything in the state remains uncompleted. Can't we see some fully completed projects after almost three years of deafening noise about a rescuer?

The worst of it all is that some people are blindly supporting the gov when in the reality the gov has ran the state aground.