How Past Abia Govt Paid N107.2 Bn To Contractors For Non-existent Abia Airport & Other Projects

Date: 21-04-2024 6:35 pm (1 month ago) | Author: Mister Jay Wonder
- at 21-04-2024 06:35 PM (1 month ago)
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In a startling revelation, forensic auditors contracted by Alex Otti, former gubernatorial candidate in Abia State, have uncovered alleged financial irregularities amounting to N107.2 billion during the tenure of the past administration.

According to Otti, the auditors exposed a series of questionable payments made to 72 contractors purportedly for the construction of the Abia Airport and other infrastructure projects, despite evidence suggesting that these projects were non-existent.

The findings of the forensic audit have raised serious concerns about the management of public funds and the accountability of government officials in Abia State.

Otti, who has been a vocal critic of the state government, expressed outrage over the alleged misappropriation of funds, describing it as a gross violation of public trust and a betrayal of the people's mandate.

"We cannot stand idly by while billions of naira meant for development projects are squandered through corrupt practices," Otti stated.

The former gubernatorial candidate called for a thorough investigation into the matter and urged the relevant authorities to hold accountable those responsible for the alleged financial mismanagement.

The revelations have sparked widespread condemnation from residents and stakeholders in Abia State, many of whom have expressed dismay over the apparent lack of transparency and accountability in government affairs.

Efforts to reach the representatives of the past administration for comment on the allegations have so far been unsuccessful.

Meanwhile, the current administration in Abia State has pledged to conduct a comprehensive review of all government contracts and expenditures to ensure transparency and accountability in the management of public funds.

The outcome of the forensic audit is expected to prompt further scrutiny of government expenditures and serve as a catalyst for reform in the state's financial management practices.

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Posted: at 21-04-2024 06:35 PM (1 month ago) | Addicted Hero
- Holopid at 21-04-2024 06:57 PM (1 month ago)
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Chai chimo Shocked
Posted: at 21-04-2024 06:57 PM (1 month ago) | Gistmaniac
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- gogoman at 21-04-2024 07:06 PM (1 month ago)
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his state people will still blame FG!!! they won't hold their thief son at fault  Roll Eyes Roll Eyes Roll Eyes make all of una keep killing NIGERIA Roll Eyes Roll Eyes Roll Eyes
Posted: at 21-04-2024 07:06 PM (1 month ago) | Grande Master
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- kp45 at 21-04-2024 08:09 PM (1 month ago)
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Is there any money left in this country? Fools has tried
Posted: at 21-04-2024 08:09 PM (1 month ago) | Addicted Hero
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- ficull at 21-04-2024 09:07 PM (1 month ago)
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Lemme guess, EFCC have suddenly developed amnesia and blindness.
Posted: at 21-04-2024 09:07 PM (1 month ago) | Gistmaniac
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- fineboy77 at 21-04-2024 10:14 PM (1 month ago)
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If this man is not given life in prison, then forget naija.

Posted: at 21-04-2024 10:14 PM (1 month ago) | Addicted Hero
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- GOC1990 at 22-04-2024 04:48 AM (1 month ago)
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WHAT A SHAME!!!
WHY WE ARE WICKED, TO OURSELVES.
STATE MONEY, LATER TURN TO PERSONAL MONEY.
WHAT ABOUT, HIS PERSONAL FLY OVER?Huh?Huh? OR THE CENTRE TABLE?Huh?
THIS ARREST SHOULD START FROM T. OJI AND HIS FAMILIES FIRST, BECAUSE, THEY PILOT ALL THIS SCAM.
Posted: at 22-04-2024 04:48 AM (1 month ago) | Upcoming
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fire TRENDING GISTS fire