Imo to get N7.9b cash seized from Okorocha
The Economic and Financial Crimes Commission said on Thursday that a former Governor of Imo State, Senator Rochas Okorocha, should get ready for trial over alleged embezzlement of N7.9bn.
Imam, who has been in charge of the ongoing probe of the former governor, explained that out of the money, over N5.7bn was released to ”various administrations ” to pay salaries and pensions of workers.He said the Ihedioha government received N5.2b out which a balance of N2b was unspent. Uzodimma’s government got N514m last month while a balance of N1.8b which is ‘encumbered’ is still in the state’s treasury.
“Within the period, the commission succeeded in freezing about N7.9bn in different accounts. All the monies that were released to Imo State government were from the N7.9bn recovered from Okorocha. The monies were released in batches.
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