N6BN ISOPADEC FUND: Okorocha faults indictment, says Ihedioha is stranded


Speedy previous governor of Imo State, Rochas Okorocha has refuted the declare by a panel within the state that he diverted N6 billion from the Imo State Oil Producing Areas Improvement Fee (ISOPADEC).

A panel arrange by Governor Emeka Ihedioha had in its report submitted to the governor claimed ISOPADEC’s N6,044,774,341.37 funds managed by the Okorocha administration couldn’t be accounted for.


However responding in a press release by his media aide, Sam Onwuemeodo, the previous governor challenged his successor to go forward and probe him, saying that he (Ihedioha) had been diverting consideration over his immobile authorities by preventing him.

Okorocha additional mentioned that Ihedioha was stranded and argued that if the panel arrange by the governor was critical, that it might have invited him or any of the previous chairmen or managing administrators of the fee below his authorities for questioning or fact-finding.

Noting that Ihedioha’s focus was to battle him, Okorocha claimed that the Imo State authorities wrote 32 petitions to the Financial and Monetary Crimes Fee (EFCC) and 15 to the Unbiased Corrupt Practices and different Associated Offences Fee (ICPC) in opposition to him and his household.


He mentioned what he was capable of obtain with ISOPADEC funds in eight years can’t be in comparison with what the Peoples Democratic Get together (PDP) administrations achieved in 12 years.

“PDP authorities ran ISOPADEC from a rented three-bedroom house near Winners Chapel Owerri, with out electrical energy and water.

“However, Okorocha got here and constructed a multi-billion naira edifice in a alternative space in Owerri as headquarters of ISOPADEC, constructed the Marine College at Ossemotor in Oguta which was nearing completion, stopped militancy and rehabilitated the militants by means of empowerment programmes.


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“For nearly 9 months, the Ihedioha administration seems stranded, with nothing to point out {that a} new authorities is in Imo and he’s diverting consideration over his immobile authorities by preventing Okorocha full-time,” the assertion learn.

Okorocha then suggested Ihedioha to return to the Home of Representatives to be able to proceed his oversight features as a result of it had grow to be clear that he allegedly lacked the capability to manipulate.

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