Headline

Alleged N96bn fraud: Court issues bench warrant against Amaechi, Tonye Cole

A bench warrant has been issued by a High Court in Port Harcourt, the Rivers capital, against former Governor of the state, Rotimi Amaechi alongside Tonye Cole, governorship candidate of the All Progressives Congress (APC), in the state, in the just concluded general elections, for their failure to honour the invitation.

Chinwendu Nwogu, the judge, also issued a bench warrant against Sahara Energy Resources Limited, Chamberlain Peterside, NG powers HPS Limited, and Cenpropsaroten Management Limited over failure to appear before the court on Rivers State Government’s criminal charges against them.

The presiding judge adjourned the case to July 5 for the plea.

The bench mark was issued for alleged misappropriation of public funds against Amaechi during his tenure as governor of the state from 2007 to 2015.

Nyesom Wike, Rivers state governor, had set up a seven-man panel in 2022 to probe Amaechi over an alleged withdrawal of N96 billion from the treasury during his tenure as governor.

The panel had also investigated issues surrounding the “sale of assets” by the former governor.

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

The panel submitted its report in 2015, while Amaechi has insisted that he is not guilty of fraud. However, on May 27, 2022, the Supreme Court dismissed an application by Amaechi, challenging the probe.

Wike said criminal charges were filed against the former governor, as well as Sahara Energy, a firm indicted in the deals.

Share this:

TV360 Nigeria

Nigeria's first exclusive online television news channel. We strongly uphold journalistic principles of TRUTH, BALANCE & FAIRNESS in our reportage & we believe there is no one side to a story.

Related Articles

Leave a Reply

Your email address will not be published.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