Allegations against Okorocha for misusing N6bn oil community funds
The former Governor of Imo State, Rochas Okorocha, has been implicated in the alleged misappropriation of N6,044,774,341.37 allocated to the Imo State Oil Producing Area Development Commission (ISOPADEC). This revelation came from a report released by a committee appointed by Governor Emeka Ihedioha to investigate the commission's activities.
Some of the allegations against Okorocha include the arbitrary release of part of the funds for purchasing vehicles and transformers for political campaigns, as well as diverting bailout funds to the commission, the Paris Club refund, the local government joint labor salary/pension, and the Secondary Education Management Board account, among others.
At the presentation of the report to Governor Ihedioha, the committee’s...