Amaechi Loses Bid To Stop Probe On the Alleged N96b Fraud

Rotimi Amaechi, Presidential aspirant of the ruling All Progressives Congress (APC) and a former Governor of Rivers State, has lost his legal battle to stop his probe in the alleged N96b fraud and alleged fraudulent sale of valued assets that belongs to Rivers State.

In a verdict delivered by the Supreme Court, Amaechi was instructed to comply by facing the Commission of Inquiry set up by the Rivers State Government to investigate his 8-year tenure as governor of the State.

The apex Court dismissed Amaechi’s appeal where he had asked for order of the court to prohibit his successor, Governor Nyesom Wike from investigating his 8-year tenure as Executive Governor of the State.

The Supreme Court affirmed the judgments of dismissal of the suit by the High Court of Rivers State and Court of Appeal was based off want of substance and merit.

Rotimi Amaechi was also slammed a N1 million fine by the apex court.

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Sequel to the final decision of the supreme court, Amaechi will be made to appear before the Commission of Inquiry headed by Justice George Omekeji to give account of how N96b was allegedly withdrawn from the Treasury of the State government and how it was expended.

The Commission of Inquiry inaugurated by Governor Nyesom Wike is to look into the lawful or otherwise of the alleged sale of valuable assets of the State.

The listed valuable assets are Omoku Gas Turbine, Afam Gas Turbine, Trans Amadi Gas Turbine, Eleme Gas Turbine, Olympia Hotel and the award of contract for the execution of Mono Rail Project.