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APC dares Wike to sue FG over recovered $43 million

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Rivers State Governor, Nyesom Wike

The All Progressives Congress (APC) has dared Rivers State Governor Nyesom Wike over his threat to sue the Federal Government on the $43 million recovered by the Economic and Financial Crimes Commission (EFCC) in a residential apartment in Ikoyi, Lagos.

APC said Wike, his Ekiti State counterpart, Ayodele Fayose and former Aviation Minister, Femi Fani-Kayode, who linked the $43 million to the Minister of Transportation and immediate past governor of Rivers, Chibuike Amaechi, were being mischievous.

Wike, at the weekend alleged that the apartment where the money was found by EFCC operatives belongs to his predecessor and the $309 million was the 70 per cent equity share from the sale of the state-owned First Independent Power Company. The company had four gas turbines with installed capacity of 541 megawatts. It was sold to NG Power Limited at $800,000.00 per megawatts.

Amaechi, however, denied the allegation.APC Chairman in Rivers, Davies Ikanya said: “It was rather unfortunate for Wike to state that the $43 million was part of the proceeds of the Rivers State gas turbines sold during the administration of Amaechi, knowing very well that the money realised from the sale was duly lodged in the coffers of the state government.”

He condemned the threat by the Rivers State government to sue the Federal Government if by the end of seven days the money was not returned to the state.
“They should hide their faces in shame if they fail to act according to the threat. We urge the Federal Government to take this threat by Wike seriously and call him to order,” he said.

“It is on record that apart from the Abuja residence of Amaechi he has no other plot of land in any part of this country. So linking him to the ownership of the contentious Ikoyi building and the huge sum found in it is nothing but a plot to give a dog a bad name in order to hang it,” he added.


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3 Comments
  • Musa M. Dantsoho

    Rather, Wike and Fayose would prefer to use political jobbers on the social media to champion their “Agbero” utterances.

  • Yunus Chiroman

    If indeed Wike is serious with his allegation, why not join in the case as a party or go the court where EFCC filed for interim forfeiture to lay claim to it instead of the media to ridicule Amaechi.

  • AKINYEMI FELIX

    It’s quite unfortunate that Wike, Fayose and Fani-kayode are been given audience. Set of unserious elements that need not be taken serious. They only open their mouths and talk for people to say there are opposition voices against the ruling party.