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Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud - Politics - Nairaland

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Tinubu Reacts To US Court Indictment For Drug Dealing / There Was No Killing At Lekki Toll Gate - White Paper On EndSARS Panel Report / Throwback:Rotimi Amaechi Indicted N112 Billion Fraudulent Sale Of Rivers Assets (2) (3) (4)

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Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by swaggerjack: 2:33pm On Apr 02, 2022
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

Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by Gentlerespect76: 2:35pm On Apr 02, 2022
The worst kind of enemies are those of household. Tueh!
Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by swaggerjack: 2:45pm On Apr 02, 2022
Gentlerespect76:
The worst kind of enemies are those of household. Tueh!
Lies!
Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by Nigerialabalaba: 2:48pm On Apr 02, 2022
Jesu wept shocked
Sebi Amaechi say hin no like money, if dis man Amaechi con like money nko?

Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by Dreal1247: 2:50pm On Apr 02, 2022
The fear of Wike is the beginning of wisdom for Amaechi. But I think at this material time, they need to reconcile to make any headway. Charity they say begins at home.
Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by fran6co(m): 2:51pm On Apr 02, 2022
Hmmmm ill wind is about to blow again
Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by swaggerjack: 2:51pm On Apr 02, 2022
Nigerialabalaba:
Jesu wept shocked
Sebi Amaechi say hin no like money, if dis man Amaechi con like money nko?
He likes money as much as the bullion van king.

5 Likes

Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by BSdetective: 2:53pm On Apr 02, 2022
This guy is most likely going to be the president.

1 Like 1 Share

Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by MASTAkiLLAh(m): 2:55pm On Apr 02, 2022
I said the FG reciprocated Amaechi's gesture of throwing them under the bus by throwing Amaechi himself under trailer but with what I'm seeing here, they've used a locomotive train to steamroll him. Poetic justice mixed into monkey tail. When we in Rivers state warned about his corruption tendencies, BMC îmbeciles barked and told us to shut up but what are we seeing here. It's a family matter sha, the FG shouldn't waste time with him but rather assuage the masses by getting those terrorists who attacked the train and freeing the kidnapped victims cool
Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by swaggerjack: 2:58pm On Apr 02, 2022
MASTAkiLLAh:
I said the FG reciprocated Amaechi's gesture of throwing them under the bus by throwing Amaechi himself under trailer but with what I'm seeing here, they've used a locomotive train to steamroll him. Poetic justice mixed into monkey tail. When we in Rivers state warned about his corruption tendencies, BMC îmbeciles barked and told us to shut up but what are we seeing here. It's a family matter sha, the FG shouldn't waste time with him but rather assuage the masses by getting those terrorists who attacked the train and freeing the kidnapped victims cool
What they do at state level will always be replicated at federal level.

That is why Nigerians don't want Tinubu, Amaechi, Okorocha, Orji Kalu, Peter Obi, Osibanjo to occupy the number one seat. Their financial rascality will be replicated at federal level.

The Rivers state judicial panel did it's job and has been vindicated.

1 Like 1 Share

Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by swaggerjack: 4:32pm On Apr 02, 2022
Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by Agbegbaorogboye: 4:52pm On Apr 02, 2022
Na wa o

See Media attack left, right, center just because he's believed to be the favoured one

1 Like 1 Share

Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by Maxymilliano(m): 4:55pm On Apr 02, 2022
Na Wike White Paper be this, it has been overtaken by events but istill doesn't absolve Amaechi of some of the charges
Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by Nigerialabalaba: 4:58pm On Apr 02, 2022
Agbegbaorogboye:
Na wa o

See Media attack left, right, center just because he's believed to be the favoured one
u be sumol boy. na Amaechi open pandora box and PDP don already put fire on top d matter before Presidency con open Amaechi yansh. Maybe if Amaechi no open hin mouth to blame Presidency for not giving money to Momoh & Sons, d Presidency no go release d FEC meetings details.

APC presidential ticket na for d ACN bloc and dat one don settle for Jagaban. nPDP bloc wey Amaechi belong to don collect APC chairman.
Amaechi no be threat shishi so if u like continue dey decieve urself, na u sabi o

1 Like

Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by PrinceOfLagos: 4:59pm On Apr 02, 2022
Amaechi will be APC flag bearer and there is nothing Tinubu and his useless urchins will do about it

2 Likes 1 Share

Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by Noblechykk(m): 5:20pm On Apr 02, 2022
swaggerjack:

What they do at state level will always be replicated at federal level.

That is why Nigerians don't want Tinubu, Amaechi, Okorocha, Orji Kalu, Peter Obi, Osibanjo to occupy the number one seat. Their financial rascality will be replicated at federal level.

The Rivers state judicial panel did it's job and has been vindicated.
Did you mention Peter Obi among the financial rascals? It's either you know nothing about him or you are purposely being mischievous.

1 Like 1 Share

Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by swaggerjack: 5:22pm On Apr 02, 2022
Noblechykk:

Did you mention Peter Obi among the financial rascals? It's either you know nothing about him or you are purposely being mischievous.

He was caught with N250 million nairaland in Lagos.

Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by Noblechykk(m): 5:26pm On Apr 02, 2022
swaggerjack:


He was caught with N250 million nairaland in Lagos.
You sound funny
Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by Agbegbaorogboye: 8:01am On Apr 03, 2022
Nigerialabalaba:
u be sumol boy. na Amaechi open pandora box and PDP don already put fire on top d matter before Presidency con open Amaechi yansh. Maybe if Amaechi no open hin mouth to blame Presidency for not giving money to Momoh & Sons, d Presidency no go release d FEC meetings details.

APC presidential ticket na for d ACN bloc and dat one don settle for Jagaban. nPDP bloc wey Amaechi belong to don collect APC chairman.
Amaechi no be threat shishi so if u like continue dey decieve urself, na u sabi o

Nobosy asked you. Since you make decisions and decide zoning for APC, can you tell us why only PDP and ACN are in your calculations. What happened to ANPP and APGA?
Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by Parachoko: 9:17am On Apr 03, 2022
Dreal1247:
The fear of Wike is the beginning of wisdom for Amaechi. But I think at this material time, they need to reconcile to make any headway. Charity they say begins at home.
I do not understand Nigerians sometimes

See the huge accusation Amechi have been accuse of, and see your comment... And you too go dey complain say Nigeria no good grin

The state Government should petition the EFCC.

1 Like 1 Share

Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by Alexpre11: 9:24am On Apr 03, 2022
Only one not wise would have believed him.
It's good they are bringing their legs out.

Wanted 3.7 billion for something not clear. A rogue, bold thief..

1 Like 1 Share

Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by swaggerjack: 2:06pm On Apr 03, 2022
Parachoko:
I do not understand Nigerians sometimes

See the huge accusation Amechi have been accuse of, and see your comment... And you too go dey complain say Nigeria no good grin

The state Government should petition the EFCC.
The state government petitioned EFCC, but nothing was done. What did EFCC do concerning the other multi-billion corruption petitions regarding Timpyre Sylva, Godswill Akpabio, Bola Tinubu and Adams Oshiomhole.

Once you cross into APC your sins are forgiven isn't that what former Chairman of APC Adams Oshiomhole said.
Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by Nobody: 2:21pm On Apr 03, 2022
Parachoko:


I do not understand Nigerians sometimes

See the huge accusation Amechi have been accuse of, and see your comment... And you too go dey complain say Nigeria no good grin

The state Government should petition the EFCC.

What's not to understand? Most Nigerians are crooked and fraudulent because of a socio-economic culture that inculcates them to be that way.

The only problem is that every Nigerian is a hypocrite happy to point the finger at others when he would do worse if similarly placed.
Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by Parachoko: 10:21pm On Apr 03, 2022
Dapinski:


What's not to understand? Most Nigerians are crooked and fraudulent because of a socio-economic culture that inculcates them to be that way.

The only problem is that every Nigerian is a hypocrite happy to point the finger at others when he would do worse if similarly placed.
Nah true sha

Even if Amechi becomes the president, he won't be as terrible as Buhari.

Buhari is a disaster.
Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by CaptainAyub: 10:50pm On Apr 03, 2022
Thiefnuubu's e-hoodlums haf descended on Amaechi grin grin
Peter Obi go rest small now grin
Re: Amaechi #3.7 Rail Scandal:Rivers White Paper Indictment For N112 Billion Fraud by swaggerjack: 4:34pm On Apr 17, 2022
We need your justice system.

CC

Zhike

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