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Saturday, 21 November 2015

Coalition to drag Obi to EFCC over N65.9bn excess crude the revenue

                             Peter Obi
A group, the Economic and Society Watch Coalition (ESWC) has announced its decision to drag the former governor of Anambra State, Mr. Peter Obi, to the Economic and Financial Crime Commission (EFCC) to account for what he did with the N65.9 billion Excess Crude allocation that accrued to the state from 2011 to 2013.

Addressing a press conference in Awka at the weekend, the coalition’s President, Dr Kennedy Udoye said his group had compiled a documentary evidence of all the revenue that accrued to the state from the excess crude allocation shared by the Federal Government to all states of the federation during Obi’s last three years in office which the former governor placed in fixed deposit accounts in Fidelity Bank, Access Bank and Diamond Bank respectively for a period of three years.

He said the coalition had assembled a pile of irrefutable documents detailing the various “questionable” transactions carried out by the embattled former governor in the twilight of his administration. “We can categorically inform Anambra people that the N9 billion which former governor Obi left behind in cash to his successor is the total sum of all the interests he mopped up from the fixing of the N65.9 billion that accrued to Anambra State from the excess crude account in three years,” he declared.

The rights activist expressed regret that until his group began to ask questions, the usually active human rights community in the state had gone silent on what he described as a “grave financial heist” perpetrated by the Obi administration. “Why is everyone silent? Shouldn’t we all be asking Obi questions about what happened to the N65.9 billion excess crude allocation? Where is our sense of outrage?” he thundered.

“The ESWC can no longer stand with hands akimbo and watch Obi and his well-oiled media machinery pull the wool over our eyes. In the past one week, they have made audacious efforts to deflect attention from the alarm raised by one of the commissioners that served under his administration. But we shall not allow that to happen. We have concluded our petition to EFCC. Obi has a case to answer,” Udoye stated.

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