{"id":73792,"date":"2020-05-31T15:22:16","date_gmt":"2020-05-31T14:22:16","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=73792"},"modified":"2020-05-31T15:22:16","modified_gmt":"2020-05-31T14:22:16","slug":"ebonyi-indigenes-accuse-gov-umahi-of-embezzling-n2billion-loan-from-cbn-invites-want-efcc","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/ebonyi-indigenes-accuse-gov-umahi-of-embezzling-n2billion-loan-from-cbn-invites-want-efcc\/","title":{"rendered":"Ebonyi Indigenes Accuse Gov Umahi of Embezzling N2billion Loan From CBN, Invites want EFCC"},"content":{"rendered":"<p>Association of Ebonyi State Indigenes in Diaspora (AESID) has asked the<br \/>\nEconomic Financial Crimes Commission (EFCC) and other anti-graft<br \/>\nagencies to embark on a comprehensive probe of the state financial<br \/>\nrecords in the last 16 years.<\/p>\n<p>The association specifically called on the Independent Corrupt Practices<br \/>\nand other Related Offences Commission (ICPC) the Directorate of State<br \/>\nServices (DSS) and the Police to bring to book all those who have caused<br \/>\nthe state economic doldrums and future dooms beginning from the Sam<br \/>\nEgwu-led administration to Elechi and now, the Dave Umahi-led<br \/>\ngovernment.<\/p>\n<p>In a statement signed in Sunday by the President worldwide of the<br \/>\nassociation, Ambassador Pascal Oluchukwu, said the probe become<br \/>\nnecessary over alleged mismanagement of a N2 Billion loan given by the<br \/>\nCentral Bank of Nigeria (CBN) to the state government under the<br \/>\nleadership of Engr. David Nweze Umahi, for the 2016 farming season.<\/p>\n<p>&#8220;We are aware that it all started with the courage and boldness of one<br \/>\nof the enlightened citizens of the state and former Secretary to the<br \/>\nEbonyi State Government, Professor Benard Odoh to hold the Umahi-led<br \/>\nadministration accountable especially with regards to the disturbing<br \/>\nstatistics of the National Bureau of Statistics which recently named our<br \/>\nState as the 3rd poorest in the federation and information from the Debt<br \/>\nManagement Office, DMO which indicates that the present government has<br \/>\nincreased the State&#8217;s domestic and external borrowings.<\/p>\n<p>&#8220;Already, Prof. Odoh had in his response to the allegations maintained<br \/>\nthat he had no hands in the disbursements of the said fund as his role<br \/>\nwas merely limited to providing strategic leadership for the supervising<br \/>\nMinistry of Agriculture as then headed by Barr. Uchenna Orji as a<br \/>\nCommissioner.<\/p>\n<p>&#8220;After making startling disclosures to the effect that only a little<br \/>\nover N900m out of the total sum were released to the committee for<br \/>\ndisbursements and purchase of tractors, a seemingly confident Odoh has<br \/>\nfiled a petition to the anti-graft agency, the Economic and Financial<br \/>\nCrimes Commission (EFCC) inviting it to probe all persons involved in<br \/>\nthe matter while also stunningly offering himself to be investigated.<\/p>\n<p>&#8220;AESID as a non-governmental organization whose mandate is to protect<br \/>\nand safeguard the interests and welfare of the common Ebonyian, we laud<br \/>\nthe steps taken so far by the former SSG, Prof. Odoh in reporting this<br \/>\nmatter to the EFCC which is indeed the appropriate body to investigate<br \/>\nfinancial crimes and prosecute offenders as being in the right<br \/>\ndirection. This is because it is only reasonable that the accuser whose<br \/>\npresent and former appointees are also being questioned cannot be the<br \/>\njudge in their own case.&#8221;<\/p>\n<p>While condemning what it called witch-hunting, intimidations and<br \/>\nharassments of the former SSG Prof. Odoh, the group said: &#8220;We strongly<br \/>\nbelieve that the state would be saved from an impending economic doom if<br \/>\nits financial records are holistically ascertained and offenders who<br \/>\nhave plundered its resources made to face the wraths of the law.<\/p>\n<p>&#8220;There exist in our beloved state, many phony contracts and projects<br \/>\nwhich have remained uncompleted several years after they were awarded<br \/>\ntill date while the contractors obviously live large on public funds<br \/>\nmeant for their executions. Also, many funds, grants and loans given the<br \/>\nState which is still being repaid from the allocations as debts have<br \/>\nremained largely unaccounted for. This has severely hampered<br \/>\ndevelopments on all fronts in critical sectors in the State such as;<br \/>\nEducation, Health, Agriculture, Economic and Human capacity developments<br \/>\nand Empowerment, Youths and Sports development among several others.<\/p>\n<p>&#8220;In specific terms, we were reliably informed that the Engr. David<br \/>\nUmahi-led government for instance has accessed many grants such as N6bn<br \/>\nUBEB funds which could not be secured by the previous Elechi<br \/>\nadministration. Also, information at our disposal indicates that the<br \/>\nsame government has in the last 5 years accessed a total of over N9bn so<br \/>\nfar as Agric loans for farmers from the Central Bank of Nigeria, CBN.<br \/>\nDespite these humongous sums and the fact that the government prides<br \/>\nitself as investing heavily in the Agricultural sector, we are terribly<br \/>\ndisappointed that our dear State only boasts of getting most of its rice<br \/>\nfrom some northern and neighbouring States for milling and packaging as<br \/>\nthe &#8216;Abakaliki&#8217; brand of local rice.<\/p>\n<p>&#8220;Like the rest of Ebonyi people who have been made to believe that this<br \/>\nstep was meant to save cost for the government and the people, we demand<br \/>\nto know: How much exactly have been saved by the government through this<br \/>\nuse of direct labours by the Umahi-led administration?<\/p>\n<p>&#8220;To this end therefore, we also call on other anti-graft agencies such<br \/>\nas the Independent Corrupt Practices and other Related Offences<br \/>\nCommission (ICPC) including the Directorate of State Services (DSS) the<br \/>\nPolice and indeed, any agency that is responsible for law enforcement<br \/>\nand justice implementation in Nigeria to wade in and ensure that<br \/>\nfairness and justice is not only seen to be done but actually done and<br \/>\nthe state&#8217;s looted resources recovered.<br \/>\n&#8220;It is our strong believe that this probe would be in the overall<br \/>\ninterest of the Ebonyi masses,&#8221; the statement said.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Association of Ebonyi State Indigenes in Diaspora (AESID) has asked the Economic Financial Crimes Commission (EFCC) and other anti-graft agencies to embark on a comprehensive probe of the state financial&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":34037,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-73792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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