Former Governor of Rivers state, Rotimi Amaechi has disclosed why he lost $39 million to fraudsters in Rivers state.

The Federal Minister of Transport who at his Senate hearing famously uttered, “I have never taken bribe in my life but if they send a girl to you and you sleep with the girl and do that favour, that means you are corrupt”, said that he lost the money because he was only human and was learning on the job.

Guardian reported about the fraud in 2015, After spending N8.54 billion on a proposed 1,000-bed Adolphus Karibi Whyte Specialist Hospital, the permanent secretary in Rivers State Ministry of Health, Somiari Harry yesterday said there is no physical structure at the site of the project.

Vital documents such as a memorandum of understanding and shareholders’ agreement between the state government and Canadian-based Clinotech Diagnostic and Pharmaceutical Limited, which received the $39.2 million to build the contentious hospital are said to be missing.



Harry told the Justice George Omereji-led commission of inquiry investigating the non-execution of the 15-storey Adolphus Karibi Whyte Specialist Hospital after the payment of $39.2 million (equivalent to N4.6 billion in 2008), to Clinotech, that besides some parts of prefabricated buildings littering around, containers and other equipment, there is nothing at the site of the proposed hospital to justify the huge amount the state government paid to the contractor.



According to him, the concept was for the hospital to provide world-class medical services in Port Harcourt. He said the estimated cost of the project was $98 million and based on this a memorandum of understanding and shareholders agreement were signed by the parties, which required that the state government would provide 40 percent of the funding, while Clinotech would provide 60 percent.

According to him, state government paid off its own 40 percent equity valued at $39.2 m (N4.6 billion) at the time to Clinotech, which in turn failed to contribute its own counterpart funding for the project.



Amaechi is seen in this video explaining how his learning on the job cost the people of Rivers state $39.2 million.



https://www.youtube.com/watch?v=1ZxCeF2kugM


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You should be in prison

You mean to APC and Buhari

This is simply ludicrous!

Can u imagine how wicked some of dis ppl can b... U admitted losing such amount dat is not ur personal money and it sounds jus about right abi?? Thunder will fire both u , d APC and its supporters..

He's presently looting billions from his present job as minister for transportation, expect him to announce in 2019 he lost xxbillions because he was naive.

Story for the Zombies by the zombies from the zombies.

Wike is 10times worse than Amaechi and 20times more corrupt,but the impression created by Amaechi and that overhyped Fashola that they are not corrupt is what irks one.
It was after their appointments,with those of others by the sick cattle rearer,despite documents openly floating around then about their corrupt deeds in office,that I knew Buhari was not ready to fight any corruption.
Amaechi for eg with Ibori,Odili etc were one of the worst vote riggers Nigeria will ever know.They were all inflating votes for the then PDP and the likes of Wike are just following the well laid them template for rigging,embezzlement and other malfeasance in governance.
No wonder Amaechi was one of the cabinet ministers that openly said that Magu was not indispensable as EFCC boss.He knows that if Magu were to be allowed to do his work,his type will soon be in court and behind bars answering for their corrupt deeds.

limeta:
You should be in prison

prison is London u no talk hellfire

U lost $39million to who?

U mean he said that... wow he lost 39m to fraudsters

Clap for Ameachi

doctokwus:
Wike is 10times worse than Amaechi and 20times more corrupt,but the impression created by Amaechi and that overhyped Fashola that they are not corrupt is what irks one.
It was after their appointments,with those of others by the sick cattle rearer,despite documents openly floating around then about their corrupt deeds in office,that I knew Buhari was not ready to fight any corruption.
Amaechi for eg with Ibori,Odili etc were one of the worst vote riggers Nigeria will ever know.They were all inflating votes for the then PDP and the likes of Wike are just following the well laid them template for rigging,embezzlement and other malfeasance in governance.
No wonder Amaechi was one of the cabinet ministers that openly said that Magu was not indispensable as EFCC boss.He knows that if Magu were to be allowed to do his work,his type will soon be in court and behind bars answering for their corrupt deeds.

The way you like Magu I guess you know him personally

Finally I agree with my ipob frenemies that we all belong to a zoological territory called nigeria..what a shame!

No shame at all

SalamRushdie:


The way you like Magu I guess you know him personally

I don't but can relate with such purpose driven people.
Magu may have his faults but this is my summary of him and why I passionately support him till now:
He truly believes that corruption is the deadly monster that has almost suffocated us.As soon as PMB came in with his now seemingly hollow rhethoric of "we either kill corruption or corruption kills us" and that he will give corruption "a bloody nose",he bought into it as soon as he was appointed and felt for the first time here is a president ready to take corruption head-on.With vigour,zeal and patriotic spirit in him he decided to take on the once untouchables that he knew had caused us the most trauma and hemorrhage.
The reality has soon dawned on him however that he is fighting a lonely and daily,looking more like a losing battle because he was sold a dummy:those in Aso rock are not really keen on the battle because they too are major culprits.
Despite that and d high possibility he may eventually be dropped to meet the exigencies of those that appointed him and who he initially thought were on the same page as him,including the cattle rearer,he is still battling on till he is formally told soon enough to step down from the office.Thats why i support him:fighting a losing,lonely battle with wolves all around you.

fuckingAyaya:
prison is London u no talk hellfire

True talk
My lappses

fuckingAyaya:
prison is London u no talk hellfire

True talk

No sane person would believe this tale! They cleverly took the money out and shared it

doctokwus:

I don't but can relate with such purpose driven people.
Magu may have his faults but this is my summary of him and why I passionately support him till now:
He truly believes that corruption is the deadly monster that has almost suffocated us.As soon as PMB came in with his now seemingly hollow rhethoric of "we either kill corruption or corruption kills us" and that he will give corruption "a bloody nose",he bought into it as soon as he was appointed and felt for the first time here is a president ready to take corruption head-on.With vigour,zeal and patriotic spirit in him he decided to take on the once untouchables that he knew had caused us the most trauma and hemorrhage.
The reality has soon dawned on him however that he is fighting a lonely and daily,looking more like a losing battle because he was sold a dummy:those in Aso rock are not really keen on the battle because they too are major culprits.
Despite that and d high possibility he may eventually be dropped to meet the exigencies of those that appointed him and who he initially thought were on the same page as him,including the cattle rearer,he is still battling on till he is formally told soon enough to step down from the office.Thats why i support him:fighting a losing,lonely battle with wolves all around you.

Well Said...I like the part you know that the powers in Aso Rock sold him a dummy

what a time to be alive Rivers state indigenes and residents were asking pertinent questions from day one about this hospital and that so called monorail but Ogbomosho and Oshogbo intellectuals' told us to shut up... can you imagine the fûckery of an excuse given by Amaechi ? Hot amala fall on him

This man is more corrupt than ibb and Abacha combined

Which way Nigeria? A country where political leaders tell and drink lies and walk away freely and their zombies will be struggling just to defend their lies. Tufiakwa.

When Wike says this man looted Rivers, they call it blackmail. Tell me how this man deserves to be minister of the Federal republic of Nigeria after Buhari waited for over 6month to carefully select his cabinet.

Etogist:
Which way Nigeria? A country where political leaders tell and drink lies and walk away freely and their zombies will be struggling just to defend their lies. Tufiakwa.

chai my brother, this is heartbreaking but wetin we go do nah, you want make hunger kill us!!??
My fellow colleagues sarrki omenka ngeneukwenu madridguy omenkalives this our bmc work done dey tire me sef I dey reason join beremx keneking and odas commot for this cursed job oooooo lalasticlala mynd44 wetin una think

Typing.......

zombies:
chai my brother, this is heartbreaking but wetin we go do nah, you want make hunger kill us!!??
My fellow colleagues sarrki omenka ngeneukwenu madridguy omenkalives this our work done dey tire me sef I dey reason join beremx keneking and odas commot for this cursed job oooooo

This is total madness!

Amaechi, I have never liked the sound of the guy's name. His ways are so crooked. But in this life or that to come he'll not go scot free.

In normal countries (Nigeria isn't normal), this man should have been long forgotten in a dark dungeon with hard labour.

Only God knows how much the man has ripped off this country within this short ministerial period of his.

Nonsense!

FAKE IPOB/Wike Manufactured news!

hmmm.. story story......

And amaechi said wike has no evidence when he nailed himself by himself

Bastaaad

NgeneUkwenu:
FAKE IPOB/Wike Manufactured news!

I am sending you recharge card now so that you can buy data to watch the video. Hot okro soup fall you zombie!

Hahahahah, My Amechi the no bribe taker,ride on

This should be on front page,why are the MODs slacking?Amaechi is a useless corrupt wasteman.Just because he joined APC doesn't make him a saint.He was also Speaker of Rivers State assembly when Peter Odili looted the state dry.I can guarantee you his twins sons in London are likely the beneficiaries of this heist and using the money to spend on white girls.