Senior Special Adviser to Governor Willie Obiano on Interparty/ Political Matters, Chief Ben Obi who floored the investment of over 90 million US Dollars amounting to over N162 Billion naira by the former Governor Peter Obi at the twilight of his administration, said there was no need to save the money as it slowed Obiano’s administration.
In an Exclusive press statement in Awka made available to Newsmen, Chief Obi said it is anti development for the Ex Governor Obi to have invested the whooping amount of money three months before the new administration of Chief Willie Obiano takes over as the new administration would have depended on the money to function.
He wondered why the investment maturity should be for 7 years before it would be assessed when the Obiano administration would last for four years in the first instance, unless he is seeking for a second term.
The Join Jonathan Journey (JJJ) campaign Coordinator said it is preposterous for out of the 3 investment portfolios including fidelity Securities, Diamond Bank and Access Bank, only Fidelity Securities limited has not paid the state government interests accruable from the investment as agreed they would be doing on yearly basis.
He said Access bank and Diamond bank have brought their interests worth several Millions of naira to the state government and called on Fidelity bank to hasten and fulfill its part of the bargain.
Chief Obi further said that the former Governor Obi could have fixed the money in the fixed deposit several months before his tenure was due rather than when he was due to leave office.
His words,’’ why would the former Governor , Mr peter Obi fix the 90 Million Dollars for 7 years maturity, knowing full well that his administration ends in 3 months? Is it not to ensure that the new administration of Chief Willie Obiano , Akpokuedike does not have access to the money for 4 years his administration will last? Why must he fix the money, a whooping 90 million US Dollars when he knows he awarded many contracts and contractors are being owed? Won’t the contractors be paid? We owe so many contractors before he left government and we are still owing, so I am saying this is a trap he set for Obiano. I am warning that PDP should be careful with him too.
Former Governor Peter Obi had in his handover note to the incumbent Governor Willie Obiano on March 17th, 2014 summarized his financial statement as at March 3rd, 2014 thus local investment –N27,000,000,000; Foreign currency investment of 156 Million US Dollars and certified state/MDA’s balances of N28, 165, 985, 574.06 as well as FGN Approved refund of N10 Billion . These amounts, the former Governor said in his hand over totaled N91, 665,985,574.06 even as he added that the statements will supplement any gaps related to financial matters that are not included in the handover report.
The former Governor concluded that Anambra as at that day he handed over was strong financially, economically and indeed psychologically. He added that there was sanity, political civility and over all decorum which was far from where he took over in 2003. He informed further that Anambra state under him showed that with clear vision, proper planning and frugal management of her resources, a lot can be achieved.
But the incumbent Governor Obiano’s Political Adviser on Interparty/political matters could not hear of such and he punctured the investments of Obi saying the investment was anti democracy, anti Christ and anti development and anti growth.
Chief Obi who was former Governor Peter Obi’s political Adviser said Obi intentionally fixed all the 90 Million US Dollars, Obiano could have started his administration with to frustrate good governance and flow of democratic dividends to the people and thereby pitching Obiano with the masses as he would not see resources to operate.
He insisted that the fixed deposit by former Governor Peter Obi should be revoked for Obiano to see money to galvanize his government to work for the people, as the savings according to him was anti people and as well undemocratic judging by numerous projects that abound in the state now including the ones awarded before they came on board.
However, www.odogwublog.com investigations at the three banks revealed that the former Governor Obi indeed invested the money as he claimed with the three financial intuitions mentioned above and that the investment had as at 31st of January 2014 has generated over N117 Million which was credited to the Anambra state government’s current account number 0048118024 in form of coupon payment as managed by the state Accountant General , Mrs H.I Nweri.
The evidences are with www.odogwublog.com as obtained under ‘oath’. The details of the deal later ……………………………………………..
Source Odogwu Blog