Gov Otti, Ikpeazu continue war of words over Abia’s finances

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Gov Otti, Ikpeazu continue war of words over Abia’s finances
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The former governor insisted that the state, under his watch, was not owing any commercial bank.

But Mr Otti, through his special adviser on finance, refuted the claim, describing it as “fictitious.”“The $200 million and $50 million they claimed they left for the new administration are loans they were pursuing which are yet to crystalise,” the governor stated, insisting that Mr Ikpeazu had not repaid some bank loans when he exited the office.

The former governor also criticised Mr Otti for failing to admit that his government “actually received N24 billion” on 9 June 2023, which was processed before he exited the office, but chose to publish “purported balance as at 28th May 2023.” He suggested that it was ironic that Mr Otti’s administration would claim to be “ethical” in its operations but would turn around to engage in unethical conduct by hiring as his special adviser on Internally Generated Revenue , Chimereze Okigbo who was allegedly “indicted by Anambra State Government for fraud”.

He argued that the development implies that his government was not owing but that the federal government was owing the state. He equally alleged that Mr Otti, while in opposition, instigated labour unions in the state to embark on repeated industrial actions, which he claimed led to the withdrawal of accreditation of some state-owned institutions.

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