Imo ALGON Secretary Accuses Okorocha of wasting N80bn LGA allocations

By Osaretin Ekiadolor

The Governor of Imo State, Owelle Rochas Okorocha has been fingered in the misappropriation of over N80bn Local government funds even as he has been alleged mortgaged Imo state another N73bn debt two banks.

In spite of these huge financial earning by the state and the loans collected which the state has been mortgaged banks, there are no development projects suggest that the governor has interest in developing the state instead, the governor is building armed militia that may metamorphose into another national security crises.These claims were made by embattled Chairman of Ngor-Okpala LGA of Imo State and Secretary of ALGON, Imo state chapter Eyinaya Onuegbu Eze at a press conference held at the National Union of Journalists, Council, Utako.

He stated that the over 35,000 members of the Imo state workforce been sacked by the state administration of Rochas Okorocha whose spurious development of the state has remained only on news content reported in the media. Out of the figure 10, 000 of them are members of the Local government staffers.

His words: “Since June 2011, the joint Allocation Committee, JAAC, in Imo state has not functioned and all the Statutory Allocations due the Local Government, totaling over N80bn been misappropriated by Gov. Okorocha.

“He has also used the allocations due to the LGs in Imo till 2013 as collateral to borrow over N45 billion..  and another N28bn.. ” respectively   two Nigerian banks

The ALGON Secretary said that the borrowings by the state the Okorocha administration was illegal and it was not in compliance with the extant rule of state government borrowing not 50 per cent of their previous year’s allocation which these borrowings have surpassed.

He listed Okorocha’s mismanagement of the state to include: disregard for rule of law, fleecing the state of LG funds, crippling of rural development, asset stripping “massive Road projects Scam, Public deception, illegal armed squad and free education scam amongst others.

Calling on the federal government to nip the insecurity situation in the state in bud before it escalates into another nations security challenge, the ALGON secretary said that the  armed thug are believed to have been recruited MASSOB members of whom are outside Imo state.

So far they have been used to intimidate and arrest council citing the case of Dr. Eric Ogwo, secretary, Owerri North Local Government Council and the attack yesterday assault of Eyinaya’s in  Owerri.


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