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N90bn Fraud: Supreme Court Dismisses Amaechi’s Appeal

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N90bn Fraud: Supreme Court Dismisses Amaechi's Appeal

The Supreme Court has dismissed Rotimi Amechi’s appeal against the decision of Governor Nyesom Wike to probe his eight-year tenure in Rivers State.

The verdict was given on Friday and the apex court held that the former governor’s appeal lacked merit, awarding the sum of N1 million against him.

The seven-man panel set up by Governor Wike is to probe transactions estimated at about N96 billion carried out by the Rivers State Government under Amaechi’s administration.

Wike claims the former governor fraudulently sold some assets belonging to the state during his eight-year tenure.

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 MonoRail Project.

The former governor represented by Lateef Fagbemi, Amaechi predicated his opposition to the probe on the ground that it was aimed at witch-hunting him, embarrassing him, humiliating him and to as well disgrace him in view of his political differences with his successor.

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