EXPOSED!!! How Ikpeazu Shared 10 Billion Naira Airport Funds Into 32 Different Company Accounts

Amidst the debate over the 10B Airport Fund and how it was allegedly misappropriated by the Okezie Ikpeazu’s administration, the Governor of Abia State Dr Alex Otti said the immediate past administration transferred the funds into 32 different Company accounts before it was shared without constructing the said Airport.

Governor Otti said the last administration already transferred the money out of the Abia State Government account before approaching the Abia State House of Assembly for approval for the funding of the Abia Airport Project.

The Governor made this revelation during his Monthly interactive Media Chat with Journalists tagged “Governor Alex Otti speaks to Abians”held at Government House Umuahia.

He reveled that the Management of FEROTEX Construction Company has admitted that the company never applied to be awarded the aborted Abia State Airport Project under the Administration of Dr Okezie Ikpeazu.

“The immediate past Governor with his denial is not unexpected, when it was announced, they went to the media abusing the Government and said the Government lied, they didn’t deny about spending the fund, but claimed that they used it for road construction which is against the evidence we have available “

On the 25th of September 2020 when people weere battling with COVID-19, a debit went into the Government account with a description’ 80 percent for the payment for the Abia Airport Project”

Then On the 13th of October 2020 some weeks after, the Government then wrote to the Abia State House of Assembly seeking approval over the Project , on the 14th of October 2020 ,a letter was written to the then Governor given him the approval for the Airport Project”

“FEROTEX said he told them that the Company have never built an airport before and never applied for the Contract , so how come money was moved into the account of a Company that said they never built an airport”

“The money was moved to 32 Companies on the instruction of the Former Government of Abia State, and am sure they will respond to the relevant agencies very soon”

The Governor revealed that his administration will soon publish the report of the Forensic audit into the aborted Abia Airport Project

Source : https://9newsng.com/exposed-how-ikpeazu-shared-10-billion-naira-airport-funds-into-32-different-company-accounts/

It was Tinubu and Sanwo Olu they were chasing after while their own Governor was busy shaving their heads

This is huge. I need more info on this

Alex otti always giving false excuse just to divert the attention of abians from his dubious and poor governernce

Building an airport in a state where 85% of the state has less than 500k naira in their acct is just an avenue to syphon public funds.

Ok.
Good one there

Christistruth00:

It was Tinubu and Sanwo Olu they were chasing after while their own Governor was busy shaving their heads

the day opposition party will win Lagos is the day you I'll close your mouth about politicians,all of them are the same

FEROTEX never built an airport before and yet received such humongous sum into their account. If there was no collaboration or agreement, why was the money neither returned to state government treasury or reported to EFCC for necessary action.

Please set politics aside and move the state forward.

Ezmans:
the day opposition party will win Lagos is the day you I'll close your mouth about politicians,all of them are the same

As long as they are Yorubas fully dedicated to the Progress of Yorubaland that Win

Wisdomkosi:
EXPOSED!!! How Ikpeazu Shared 10 Billion Naira Airport Funds Into 32 Different Company Accounts

Amidst the debate over the 10B Airport Fund and how it was allegedly misappropriated by the Okezie Ikpeazu’s administration, the Governor of Abia State Dr Alex Otti said the immediate past administration transferred the funds into 32 different Company accounts before it was shared without constructing the said Airport.

Governor Otti said the last administration already transferred the money out of the Abia State Government account before approaching the Abia State House of Assembly for approval for the funding of the Abia Airport Project.

The Governor made this revelation during his Monthly interactive Media Chat with Journalists tagged “Governor Alex Otti speaks to Abians”held at Government House Umuahia.

He reveled that the Management of FEROTEX Construction Company has admitted that the company never applied to be awarded the aborted Abia State Airport Project under the Administration of Dr Okezie Ikpeazu.

“The immediate past Governor with his denial is not unexpected, when it was announced, they went to the media abusing the Government and said the Government lied, they didn’t deny about spending the fund, but claimed that they used it for road construction which is against the evidence we have available “

On the 25th of September 2020 when people weere battling with COVID-19, a debit went into the Government account with a description’ 80 percent for the payment for the Abia Airport Project”

Then On the 13th of October 2020 some weeks after, the Government then wrote to the Abia State House of Assembly seeking approval over the Project , on the 14th of October 2020 ,a letter was written to the then Governor given him the approval for the Airport Project”

“FEROTEX said he told them that the Company have never built an airport before and never applied for the Contract , so how come money was moved into the account of a Company that said they never built an airport”

“The money was moved to 32 Companies on the instruction of the Former Government of Abia State, and am sure they will respond to the relevant agencies very soon”

The Governor revealed that his administration will soon publish the report of the Forensic audit into the aborted Abia Airport Project

Source : https://9newsng.com/exposed-how-ikpeazu-shared-10-billion-naira-airport-funds-into-32-different-company-accounts/

otti is a banker he knew how to get information if he need them.

The ugly Ikpeazu

Christistruth00:


As long as they are Yorubas fully dedicated to the Progress of Yorubaland that Win

we are discussing about corrupt politicians your diverting the topic to a tribe

There is something inherently wrong with Nigeria politicians



Why is it so hard for them to deliver on projects like this and others that will improve the lives of the people, instead you chose to siphon the funds funds for your selfish gains

Ezmans:
we are discussing about corrupt politicians your diverting the topic to a tribe

Lagos Is Yorubaland

There will be no repeat of non indigenes campaigning in HOR against FG Investment in SW

Human wickedness to fellow human.

I wonder how and why people still blame the whitened for the backwardness in Africa.

Was it the man that ordered Ikpeazu to perpetrate this evil?

Seems there’s a strong curse on Abia fo always having bad Egbas at governors between 1999 and 2023.

He should be sent to jail. He was busy using the state funds to be running up and down with wike and co under the guise of G8

yarimo:
Alex otti always giving false excuse just to divert the attention of abians from his dubious and poor governernce

yarimo is a bxxxxx you can report

Christistruth00:



Lagos Is Yorubaland

There will be no repeat of non indigenes campaigning in HOR against FG Investment in SW

Lagos is Yoruba land, no die because of politicians, use you life wisely