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Governor Otti Accuses Predecessor Of Diverting Abia State Funds

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Abia State Governor, Dr. Alex Otti, says he will soon make public the forensic audit report which indicted the administration of former governor Okezie Ikpeazu of diverting billions of state funds meant for projects to individual company accounts.

He also said the immediate past administration transferred the N10 billion airport funds into 32 different company accounts before it was shared adding that the money had already been transferred out of the state government account before they approached the Abia State House of Assembly for approval..

The governor was offering more clarification on the auditing during his monthly media chat, tagged “Governor Alex Otti Speaks to Abians” held at Government House Umuahia on Thursday.

While noting that the denial of the former governor was not unexpected, Otti pointed out that it was reported in the media, that instead of denying spending the fund, they then claimed that they used it for road construction which is against the evidence available.

According to the governor, the management of the company ( FEROTEX Construction Company) has admitted that the company never applied to be awarded the aborted airport project under the past administration

He maintained, however, that when the report would eventually be published, the rest of the work would be handled by security agencies, insisting also that his interest is for the money to be refunded rather than taking anyone to jail.

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