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HomeNewsGov Alex Otti Says Ex-Leader Ikpeazu Diverted N10bn Airport Funds To 32...

Gov Alex Otti Says Ex-Leader Ikpeazu Diverted N10bn Airport Funds To 32 Firms

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Abia State’s Governor Alex Otti has alleged that the immediate past government in the state diverted about N10 billion mapped out for the construction of the airport to 32 different accounts, challenging the former governor Okezie Ikpeazu to show Abians where the airport is constructed or return the diverted funds.

At a recent press briefing in Umuahia, the governor said the funds were moved in different tranches, insisting that at the appropriate time, all those who had a hand in diverting funds meant for the state will give account of it.

He also queried why the state government under former governor Ikpeazu would go ahead to make a payment of N10 billion to a contractor who never bidded to construct an airport, nor had the competence to do it.

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He said, “So our engagement with the company that received the money gives the impression that the company was deceived. The managing director of the company said that he told them that he had never built an airport before, and, it’s not his area of competence. Neither did he apply to them to construct an airport.

“Has he the competence to construct an airport? And according to him, of course, he will respond to the security agencies. According to him, the then government asked him to move the monies elsewhere. He showed us letters from the then government to move the money in different tranches to 32 companies. And that he did on the instruction of the former government.



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