Governor Obi sued over alleged diversion of N5bn state fund.

Former member of the House of
Representatives, Mr. Chudi Offodile, has dragged
Anambra State government before a Federal High
Court sitting in Abuja, alleging that a company
owned by the family of Governor Peter Obi was
used to divert about N5billion from the state
treasury.

The plaintiff, who listed the said company, Next
International Limited and six others as defendants
in the matter, further maintained that part of the
siphoned funds were used by the governor to
establish Sabmiller Breweries situated in Onitsha.
Other defendants in the matter are Intafact
Beverages Limited, Sabmiller Nigeria Holdings BV,
Corporate Affairs Commission (CAC), the Central
Bank of Nigeria (CBN) and the Securities and
Exchange Commission (SEC).

In the suit which he filed through his counsel, Mr.
Patrick Ikwueto, SAN, Offodile, was, among other
things, seeking a declaration that the brewery
(Intafact Brewery) established by the first
defendant, Intafact Beverages Limited, is a bon
afide property of and wholly belongs to the
government of Anambra State.

He equally prayed the court for an order directing
the 1st, 2nd and 3rd defendants to render full and
complete account of the operation including the
costs of the establishment of the brewery, opened
with monies belonging to the government of
Anambra State and known as Intafact Brewery,
Onitsha Anambra State.

Besides, Offodile, further asked the court for an
order directing the 5th defendant (Corporate Affairs
Commission) to rectify the records of the 1st
defendant by removing the names of the 2nd and
3rd defendants as the shareholders/directors of the
1st defendant.
In what he termed as the particulars of the alleged
fraud, Offodile averred that as at April 12, 2011,
the 1st defendant did not have 300 shares of
N100, 000 each purportedly allotted and as
represented by the written resolution of the Board
of Directors of Intafact Beverages Limited dated
April 12, 2012.

Offodile further stated that “at the Commissioning of
the Brewery, His Excellency, the Executive
Governor of Anambra State openly stated that the
value of the investment by the government of
Anambra State in the Brewery is in excess of
N2billion.”
The matter has been assigned to Justice
M.L.Mohammed of the high court who has fixed
April 30 for hearing.

posted by @trends_ng. follow on twitter and instagram.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s