The White Paper indicting Mr. Amaechi in a corruption investigation. The report places the value of fraudulent dealings by Amaechi as governor at $400 million (N112 billion). The paper also indicts Mr. Tonye Cole, managing director of Sahara Energy Plc, for questionably dealings with the Rivers government during Amaechi’s tenure.

Mr. Cole is named in the questionable sale of four gas turbines belonging to the Rivers State government and the 40-year concessioning deal of Olympia Hotel for the sum of $86,250 per year. In the document, Mr. Cole’s company, NG-Power HPS Limited is indicted for receiving a payment of $53 million as repayment for a non-existent loan from the Rivers State Government.


Amaechi is also indicted in the corrupt disbursement of N2 billion designated for Agric Credit loans.

The commissioner for information in the state, Emma Okah, said in a statement on Monday that Mr Amaechi, who was the governor of the state at the time, sold off the power stations to Sahara Energy, owned by a billionaire businessman from the state, Tonye Cole, towards the end of his administration.

Mr Okah said the then administration allegedly used the proceeds – N112 billion – to fund the political activities of the All Progressives Congress (APC) which Mr Amaechi is its leader in the state.
https://www.premiumtimesng.com/news/more-news/284458-rivers-govt-says-amaechi-must-account-for-n112-billion-state-asset-he-sold-off.html

Stop recycling junk news.

Amaechi was indicted yet Wike is still the governor of Rivers State and he couldn't do anything about it?

Tell us something new jor

helinues:
Stop recycling junk news.

Amaechi was indicted yet Wike is still the governor of Rivers State and he couldn't do anything about it?

Tell us something new jor

You call a judicial panel report junk news.

RuudVanNisteroy:

You call a judicial panel report junk news.

What was the motives behind the panel? Why are there no prosecution after the indictment?

helinues:


What was the motives behind the panel? Why are there no prosecution after the indictment?

Rivers have been begging EFCC and ICPC to act on the report. Just the same way Dapa Apara was begging EFCC to probe Alpha Beta for the N100 billion fraud in Lagos state.

Same way Nigerians begged EFCC to arrest Ganduje after he received $5 million bribe. Nigeria is the only country corruption is legal.

RuudVanNisteroy:

Rivers have been begging EFCC and ICPC to act on the report. Just the same way Dapa Apara was begging EFCC to probe Alpha Beta for the N100 billion fraud in Lagos state.

Same way Nigerians begged EFCC to arrest Ganduje after he received $5 million bribe. Nigeria is the only country corruption is legal.

Begging EFCC and ICPC, Choi and you are living in an advanced country?

helinues:


Begging EFCC and ICPC, Choi and you are living in an advanced country?

EFCC and ICPC are refusing to do their job. That is why Nigeria slipped 12 places under Transparency International Corruption Index.

aliyuthayo:
Enroll for this Bootcamp

I don't live in Abuja.

39nine:
[s][/s]

Thanks for cancelling the joker.

Useless news article.
Joblessness is bad

RuudVanNisteroy:

EFCC and ICPC are refusing to do their job. That is why Nigeria slipped 12 places under Transparency International Corruption Index.

So Lamorde under GEJ also slipped the charges against Tinubu right?

nonoski:
Useless news article.
Joblessness is bad

Premium newspaper is not useless and the judicial panel.

helinues:


So Lamorde under GEJ also slipped the charges against Tinubu right?

Bullion Van and Alpha Beta peition was under Magu tenure.

RuudVanNisteroy:

Thanks for cancelling the joker.

Thanking cancellers for cancelling my comments?

You are a big joker...

The Moniker that has been wiped away as usual.

Your likes are the one encouraging the guy to continue with his cancellation nonsense...

Too bad, too poor

RuudVanNisteroy:

Bullion Van and Alpha Beta peition was under Magu tenure.

So if GEJ couldn't probe Tinubu as opposition members, so na Buhari you guys are relying on to probe him?

Choi, this must be confusion raised to power 50

helinues:


So if GEJ couldn't probe Tinubu as opposition members, so na Buhari tou guys are relying on to probe him?

Choi, this must be confusion raised to power 50

When the youths take over in 2023, they will hold all the looters to account that have looted $600 billion dollars since 1960.

RuudVanNisteroy:

When the youths take over in 2023, they will hold all the looters to account that have looted $600 billion dollars since 1960.

Which of the youths? The likes of Desmond Eddiot or the prolooters?

helinues:


Which of the youths? The likes of Desmond Eddiot or the prolooters?

The youths that have had no rule in looting $600 billion dollars and acquiring 2 bullion vans.

RuudVanNisteroy:

The youths that have had no rule in looting $600 billion dollars and acquiring 2 bullion vans.

Na only God know where you dey get your inspiration from..

May be from the sniffing of mosquito poo

helinues:


Na only God know where you dey get your inspiration from..

May be from the sniffing of mosquito poo

Inspiration from seeing a better Nigeria when the youths take over. Buhari and Tinubu can rule for 100 years and the country will still remain a failed state.

RuudVanNisteroy:

Inspiration from seeing a better Nigeria when the youths take over. Buhari and Tinubu can rule for 100 years and the country will still remain a failed state.

So Tinubu told you personally that he would be contesting 2023 presidency?

Hatred for this government has really done lots of damages on you...

You are getting more incoherent these days

RuudVanNisteroy:

Premium newspaper is not useless and the judicial panel.

Use it and sew Agbada.

Nobody takes Justice Omereji (Wikes house boi) seriously

nonoski:

Use it and sew Agbada.

Nobody takes Justice Omereji (Wikes house boi) seriously

Don't worry when the youths take over even if it takes 20 years the report will be revisited. It stated facts, he can continue to hide under the umbrella or the broom for now.

helinues:


So Tinubu told you personally that he would be contesting 2023 presidency?

Hatred for this government has really done lots of damages on you...

You are getting more incoherent these days

How can I hate a failed government known worldwide as kingpins of corruption and human rights abusers.

One day

RuudVanNisteroy:

Don't worry when the youths take over even if it takes 20 years the report will be revisited. It stated facts, he can continue to hide under the umbrella or the broom for now.

U will still be on Nairaland constituting nuisance in 20 years time.
CRA has been in government since 29th of may 1999 while ur sorry ass has been all over the place constituting nuisance and waiting for power to be handed over to u on a platter of gold.

nonoski:

U will still be on Nairaland constituting nuisance in 20 years time.
CRA has been in government since 29th of may 1999 while ur sorry ass has been all over the place constituting nuisance and waiting for power to be handed over to u on a platter of gold.

Been in government since 1999 and to whose benefit?Go to River state that received one of the highest state allocation and it still looks like a warzone outside Port-Harcourt.

RuudVanNisteroy:

Been in government since 1999 and to whose benefit?Go to River state that received one of the highest state allocation and it still looks like a warzone outside Port-Harcourt.

Then ask ur own Governor to face his work afterall Rome wasn't built in a day, and people like should get busy and stop internet troll business.