News

N96bn fraud: Supreme Court dismisses Amaechi’s appeal against probe

The Supreme Court has dismissed the appeal by former Minister of Transportation, Rotimi Amaechi, against the decision by the Rivers State Governor, Nyesom Wike, to set up a panel to probe the latter’s eight-year tenure as governor of the state.

Amaechi, a presidential aspirant of the All Progressives Congress (APC), was the governor of Rivers State between 2007 and 2015.

Governor Wike had constituted a seven-man probe panel to probe some transactions estimated at about N96billion carried out by Rivers State Government under Amaechi, adding that the ex-governor’s administration fraudulently sold some assets belonging to the state.

The listed 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.

The immediate past Minister of Transportation, however, challenged the constitution of the panel at the High Court, arguing among others, that the planned probe was intended to witch-hunt and humiliate him.

READ ALSO: 2023: I’m more experienced than Osinbajo, Tinubu, others ― Amaechi

Amaechi’s suit was dismissed by the Rivers State High Court sitting in Port Harcourt, the state capital.

He equally lost at the Court of Appeal prompting him to approach the Supreme Court.

However, the apex court, on Friday, held that Amaechi’s appeal lacked merit.

The Supreme Court also fined the former two-term governor of Rivers State N1 million just as it ordered Amaechi to face the probe panel set up by the state government to investigate his eight-year tenure as governor.

The Star

Segun Ojo

Recent Posts

Kano court halts smart meter procurement

A Federal High Court in Kano has halted the Federal Government's ongoing smart meter procurement…

17 minutes ago

Kidnappers demand N1bn for 15 abducted worshippers in Ekiti

The abductors of 15 worshippers in Eda-Oniyo, Ilejemeje Local Government Area of Ekiti State have…

1 hour ago

Troops disrupt suspected terrorists’ logistics network in Niger

Troops of the 22 Brigade under Sector 1 of Operation Safe Stability (OPSS) have disrupted…

3 hours ago

Reps pass bill for military doctrine think-tank

The House of Representatives has passed for second reading a bill seeking to establish the…

3 hours ago

PGA leadership crisis deepens as qualifying school plan sparks outrage

Fresh controversy has erupted within the Professional Golfers’ Association (PGA) of Nigeria following plans by…

4 hours ago

Oil price rises above $120 as US mulls military strikes on Iran

Oil prices rose as much as 7% on Thursday on a report the United States…

4 hours ago

This website uses cookies.