Amaechi accused of withdrawing N55bn from Rivers State treasury in 1 year

Former governor of Rivers state, Rotimi Amaechi has been dragged into a fresh scandal. He is alleged to have drained Rivers state reserves from N55 billion to N1.24 billion within the time frame of a single year.

Out of the amount allegedly withdrawn by Amaechi, N53.93 billion was said to be without a list of expenditure. Budgit, a civic startup that disseminates budgets and public data, made the revelation on Sunday, via its Twitter handle.

Budgit stated that it obtained the information from FBN trustees, while disclosing the figures.

FBN Trustees’ has stated that the Govt of Rotimi Amaechi drew down the Rivers reserves from N55bn to N1.24bn in one year. #AskQuestions

— BudgIT (@BudgITng) September 13, 2015

FBN Trustees also stated for the withdrawals of N53.93bn during the one year period, no list of expenditure was attached. #AskQuestions

— BudgIT (@BudgITng) September 13, 2015

In the interest of TRANSPARENCY, we ask that @ChibuikeAmaechi should make public what N53bn was spent on or send its to judicial commission.

— BudgIT (@BudgITng) September 13, 2015

We also that State Judicial Commission should invite the Accountant-General of the State to make PUBLIC how N53.9bn was spent. #AskQuestions

— BudgIT (@BudgITng) September 13, 2015