Bancorp Bank in the United States Writes to Buhari : Plans to Return Amaechi’s loot
Category: Nigerian National News
Former Rivers state Governor, Rotimi Amaechi has written to Bancorp Bank
in Minnesota in the United States that the alleged $757 million Dollars
domiciled in an account in his name; was authorized by him in error;
from a Rivers State Government Account with Access Bank Plc.
According to a CNN letter, a similar letter was also written to a bank in Switzerland; stating that a similar authorization was made in error.
The letter stated that the said transfers to both banks were for the
purchase of security Helicopters, payments to a foreign company to
combat malaria in Rivers state by using helicopters to spray mosquito
insecticides, and for the purchase of an official residence for Mr.
Rotimi Amaechi, in America.
The letter further explains that, the payments for the security helicopters, and mosquito insecticides to fight malaria were made through other sources, after the funds had already been transferred abroad. He reminded the bank that the Rivers state law on his severance package, provides for an official residence for a former governor; of which he chose to have his residence in America.
The letter further explains that, the payments for the security helicopters, and mosquito insecticides to fight malaria were made through other sources, after the funds had already been transferred abroad. He reminded the bank that the Rivers state law on his severance package, provides for an official residence for a former governor; of which he chose to have his residence in America.
Amaechi said that, this law was later amended to have his official
residence built in Nigeria, after the funds had already been transferred
to Bancorp/Minnesota Account. Mr. Amaechi said these changes were the
reasons he communicated the consultants for purchase of security
helicopters, his official residence in the U.S and the Insecticide
companies not to access the funds; since they have been paid through
other sources.
On receipt of the governor’s letter by the Bancorp Bank, the bank has
written to the Federal Government of Nigeria to repatriate the said
funds to Rivers State treasury. Investigations further revealed that
President Buhari is not disposed to this request to repatriate the said
funds without a trial of the former governor; to ascertain the
governor’s alleged errors in these transactions.
"Why would it take Christiane Amanpour of CNN, to remind Amaechi of
such errors of over N80 billion Naira public funds in two different
countries, and why in his name ?” Queried the Presidency.
Recall that Christiane Amanpour accused the former governor of Rivers
State; Mr. Rotimi Amaechi of stacking the sum of $757 million dollars
(N80 billion Naira) in Bancorp Bank in Minnesota in the United State.
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