I Inherited #100 Billion Debt From Okorocha's Eight Year Of Governance Says Ihedioha, Imo State Governor.

 

The newly elected Governor of Imo State, Ihedioha on Thursday accused his predecessor, Rochas Okorocha of “massive looting" and leaving Imo state with over N100 billion debt through corruption and mindless misappropriation.

The Governor who started this alarm after he was announced the Elected Governor of Imo State is still on point in other to inform the general public of the damaged that the out going Governor of Imo state has done to the state.

The Imo State Governor in his address to Imo stakeholders, alleged that his newly constituted government recently received a N30 billion worth of Garnishee Orders from contractors handling fraudulently awarded contracts by Okorocha’s government.

Lamenting over the unsustainable debt his predecessor’s alleged eight years of ruling the state, Governor Ihedioha said;

“Our interim findings show a consistent pattern of massive looting and stripping of public assets, dismantling and carting away of public property such as electric poles, vehicles, trucks, office equipment and furniture etc.
“There were last-minute illegal sales of government property at giveaway prices and unlawful allocation of land including backdating of Certificates of Occupancy.
“I must inform you in this regard that, so far we have received over 30 billion Naira worth of Garnishee Orders arising from several ill-conceived and fraudulent contractual agreements deliberately consummated by the past administration, to destroy the future of the State and its teeming population by fettering the State in a humongous debt trap.”