Thursday, August 18, 2022
  • About
  • Advertise
  • Careers
  • Contact
Newsjar.net
  • Home
  • News
  • Politics
  • Business
  • Opinion
  • Metro
  • Entertainment
  • Sports
  • Login
No Result
View All Result
Newsjar.net
Home Metro

Abia, group, banker differ on N22 billion Paris Club largesse

newsjar by newsjar
July 16, 2021
in Metro, News
0
Abia, group, banker differ on N22 billion Paris Club largesse
Share on FacebookShare on Twitter

[files] Ikpeazu. Photo/TWITTER/GOVERNORIKPEAZU

A group, the Abia Freedom Alliance (AFA) has urged the state government led by Governor Okezie Ikpeazu to explain the controversy surrounding the state’s N22 billion Paris Club refund.

Related posts

EFCC partners CYMS on vote buying, cyber crimes, corruption

EFCC partners CYMS on vote buying, cyber crimes, corruption

August 18, 2022
Stakeholders want more youths in politics

Stakeholders want more youths in politics

August 18, 2022

They expressed concern that two consultants claimed to have facilitated the refund and asked for 20 per cent and 30 per cent of the total amount for their services.

There are, however, different reports on the payment. One alleged that the fund had been mismanaged and that the consultants have not been paid.

The second report claimed that one of the consultants was paid part of the service charge, while the one that had not been paid not only sued the state government but also petitioned the Economic and Financial Crimes Commission (EFCC).

Immediate past Commissioner for Finance, Obinna Oriaku, had in a report, said he declined to pay either of the consultants because he considered paying them 20 or 30 per cent of the fund too high.

He explained that he considered that some states paid between three and five per cent of the refund to their consultants for their services.

But responding, Oriaku’s successor, Phillips Nto, told The Guardian he was not aware that two consultants were engaged for the service and that they had not been paid.

As the controversy over the mismanagement of the Abia Paris Club refund continues, a former governorship candidate in the state and former banker, Dr. Alex Otti, described the management of the fund as ‘fraudulent.’

Otti’s reaction attracted criticisms from some state government officials and agents, a situation that compelled the state House of Assembly to set up a panel to investigate a petition on the matter, which a law firm delivered to the House.

Following Otti’s reaction, the AFA joined other concerned indigenes of the state to demand an explanation from Ikpeazu on how the state government used the funds and the alleged payment or non-payment of the consultants.

In a statement issued by Uzor Nwachukwu, Joe Ezearu, Allen Chuks Wogu, Bernard Nwaogu and Jude Ohuche, the group expressed anger at the government officials and agents, who attacked Otti on the issue, rather than explain how the funds were utilised as disclosed by Oriaku, who was privy to the N22b Paris Club refund as Commissioner for Finance.

Previous Post

Arotile: Celebrated first female combat pilot remembered one year after

Next Post

PCN debunks alleged sharp practices in Benue

newsjar

newsjar

Next Post
PCN debunks alleged sharp practices in Benue

PCN debunks alleged sharp practices in Benue

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

BROWSE BY CATEGORIES

  • Business
  • Entertainment
  • Metro
  • News
  • Opinion
  • Politics
  • Sports
  • Uncategorized

BROWSE BY TOPICS

2023 2023 presidency abia Abiodun anambra Angel APC APGA Atiku Baba Ijesha BBNaija breaking buhari Court cross davido ekiti Emmanuel Onwubiko Entertainment IMO INEC insecurity IPOB Liquorose Maria News Nigeria ogun Opinion ortom Osinbajo osun Oyo PDP Pere police Politics Saraki soludo Tinubu Top Headlines Umahi WhiteMoney Wike zamfara

Recent News

  • ‘I was in life-threatening situation’ – Buju denies assaulting police officer
  • Real Madrid Open To Selling Casemiro To Man United
  • EFCC partners CYMS on vote buying, cyber crimes, corruption

Category

  • Business
  • Entertainment
  • Metro
  • News
  • Opinion
  • Politics
  • Sports
  • Uncategorized
  • About
  • Advertise
  • Careers
  • Contact

© 2021 Newsjar - Powered and Design by TFEDesigns.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Opinion
  • Metro
  • Entertainment
  • Sports

© 2021 Newsjar - Powered and Design by TFEDesigns.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In