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Showing posts from October 24, 2021

Imo Youths insist Ihedioha must account for N3.5bn loan allegedly obtained without approval

Youths under the platform of the Global Association of Concerned Imo Youths (GACIY) are adamant that Chief Emeka Ihedioha, who governed Imo State between May 2019 and January 2020, must give an account of a N3.5bn loan allegedly obtained by his administration without the approval of the State's House of Assembly. The youths had in a statement last week signed by its convener, Collins Ughalaa, said that they uncovered the "top secret" loan which the Ihedioha administration allegedly secured.  In a swift response, the Ihedioha camp through a press release signed by Barr. Uche Onyeagucha, admitted that the Ihedioha administration initiated a move to obtain the loan facility but said that it followed due process. Onyeagucha stated that a committee was set up to source the loan. However, he denied that it was paid before the administration was sacked by the Supreme Court on January 14, 2020. In a counter statement on Monday, October 25th, 2021, GACIY wondered why the Ihedioha