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N96b Alleged Fraud: Go and Face The Commission – Supreme Court Tells Amaechi 

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A Presidential aspirant on the platform of the All Progressive Congress APC and former Governor of Rivers State, Mr Chibuike Amaechi has lost his legal battle seeking to stop his probe in an alleged N96B fraud and alleged fraudulent sales of valued assets belonging to Rivers State.

The Supreme Court in a judgment ordered Amaechi to go and face the Commission of Inquiry set up by the Rivers State Government to investigate his 8-year tenure as governor of the state.
The apex court dismissed Amaechi’s appeal where he had asked for order of the court to stop his successor,  Governor Nyesom Wike from investigating his 8-year tenure as executive governor of the state.

Justice Adamu Jauro who read lead judgment in the Amaechi’s appeal held that it lacked merit, ought to be dismissed and was subsequently dismissed.
The Supreme Court affirmed the judgments of the High Court of Rivers State and that of the  Court of Appeal which had earlier dismissed the suit for lack of merit.

The apex court also awarded a cost of N1M fine against Amaechi for filing appeal.
With the final decision of the apex court, Amaechi will be made to appear before the Commission of Inquiry headed by Justice George Omekeji to give account of how N96B was allegedly withdrawn from the Treasury of the state government and how it was expended.

The Commission of Inquiry inaugurated by governor Nyesom Wike is to look into the lawful or otherwise of the alleged sales of valuable assets of the state.
The listed valuable assets are Omoku Gas Turbine, Afam Gas Turbine, Trans Amadi Gas Turbine, Eleme Gas Turbine, Olympia Hotel and the award of contract for the execution of Mono Rail Project.ReplyForward
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