Amaechi accused of withdrawing N55bn from Rivers State treasury in 1 year

Monday 14 September 2015

Amaechi accused of withdrawing N55bn from Rivers State treasury in 1 year


Former governor of Rivers state, Rotimi Amaechi has been dragged into a fresh scandal. He is alleged to have drained Rivers state reserves from N55 billion to N1.24 billion within the time frame of a single year.

Out of the amount allegedly withdrawn by Amaechi, N53.93 billion was said to be without a list of expenditure. Budgit, a civic startup that disseminates budgets and public data, made the revelation on Sunday, via its Twitter handle.


Budgit stated that it obtained the information from FBN trustees, while disclosing the figures.

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