Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,205,878 members, 7,994,037 topics. Date: Tuesday, 05 November 2024 at 05:05 AM

Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi (47575 Views)

SERAP Asks Lawan, Gbaja To Give ₦37 Billion NASS Renovation Fund To States / Why I Lost The Governorship Election — Jimi Agbaje / Uyo Rally: APC Diverted N478m NDDC Fund To Rent Crowd For Buhari – PDP (2) (3) (4)

(1) (2) (3) (4) (5) (6) (Reply) (Go Down)

Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by eagleeye2: 10:49pm On Aug 03, 2017
Why is this news not on Front Page? I ask again, why is this piece of information not on Front Page?
At a point i thought Amaechi was just being witch hunted by those who didn't like the way he left PDP. Damn this country.

8 Likes 1 Share

Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by Nobody: 10:55pm On Aug 03, 2017
three:
This is simply ludicrous!
In saner climes he would have resigned.
Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by Nobody: 11:02pm On Aug 03, 2017
laborious:
Finally I agree with my ipob frenemies that we all belong to a zoological territory called nigeria..what a shame!
Nnamdi Kalu needs an apology from Nigerians.He was right all along.

13 Likes

Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by Nobody: 11:03pm On Aug 03, 2017
Sprumbabafather:
This man is more corrupt than ibb and Abacha combined
IBB and Abacha need to be an apprentice under Amaechi in Thievery.

3 Likes

Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by Jengem: 11:30pm On Aug 03, 2017
DutchBrah:
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.


Mods are beefing herald undecided


Or someone collected money

1 Like

Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by Nobody: 1:03am On Aug 04, 2017
Jengem:



Mods are beefing herald undecided


Or someone collected money
The video is even there of him saying he got "defrauded" of $39 million dollars. He never mentioned it throughout his tenure,it is when Wike started to probe him and uncovered the fraud,he is now trying to make an excuse

5 Likes 1 Share

Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by Jengem: 1:31am On Aug 04, 2017
DutchBrah:

The video is even there of him saying he got "defrauded" of $39 million dollars. He never mentioned it throughout his tenure,it is when Wike started to probe him and uncovered the fraud,he is now trying to make an excuse

The video looks like a younger amaechi

Nowadays he looks pregnant like he swallowed $100 million

Bastard

7 Likes

Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by ejanla077: 1:57am On Aug 04, 2017
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.



u think Magu is clean ?
Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by obyrich(m): 5:02am On Aug 04, 2017
We steal because you don't stone us- Amaechi Rotimi.

5 Likes

Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by ivandragon: 6:53am On Aug 04, 2017
Amaechi is now a saint & among the unsullied...

7 Likes

Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by eagleeye2: 7:11am On Aug 04, 2017
Nairaland Mods.. this thread must get to the Front Page. #Ourmumudon_do
Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by hegelian: 7:18am On Aug 04, 2017
U won't sarrki the patriot here, olodoistan grin grin grin grin
Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by RZArecta(m): 7:35am On Aug 04, 2017
eagleeye2:
Why is this news not on Front Page? I ask again, why is this piece of information not on Front Page?
At a point i thought Amaechi was just being witch hunted by those who didn't like the way he left PDP. Damn this country.
front page or not, truth is like a gold fish in a glass bowl, it cannot be hidden for long. Whether mynd44 or lalasticlala like it or not, the truth will come out. When we called out Amaechi, they said we should shut up even when he was in PDP, now he's telling a cöck and bull story, I laugh
Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by rozayx5(m): 7:42am On Aug 04, 2017
DutchBrah:
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.

lalasticlala mynd44 seun is there any reason this news has not made front page till now


if it was diezani by now it wud be on fp and all the coneheads wud be raining curses on her while ignoring something worse in bourdillion

12 Likes 1 Share

Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by rozayx5(m): 7:43am On Aug 04, 2017
eagleeye2:
Why is this news not on Front Page? I ask again, why is this piece of information not on Front Page?
At a point i thought Amaechi was just being witch hunted by those who didn't like the way he left PDP. Damn this country.

only anti ipob news make front page these days

the same NL that is against secessionists is now using ipob news to get traffic

11 Likes 1 Share

Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by Nobody: 2:01pm On Aug 04, 2017
rozayx5:


lalasticlala mynd44 seun is there any reason this news has not made front page till now


if it was diezani by now it wud be on fp and all the coneheads wud be raining curses on her while ignoring something worse in bourdillion
Stories against top APC officials never get to front page
Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by Adminisher: 2:53pm On Aug 04, 2017
Lies , served hot and smoking, like Amechi saying they sent a girl to him, he slept with her and money disappeared.

Only Nairaland hosts young people dunce enough to believe that.

There is a big issue going on now an hour social media and how it degrades the intellect and has become a replacement for careful study and efucation.
Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by Nobody: 3:08pm On Aug 04, 2017
Adminisher:
Lies , served hot and smoking, like Amechi saying they sent a girl to him, he slept with her and money disappeared.

Only Nairaland hosts young people dunce enough to believe that.

There is a big issue going on now an hour social media and how it degrades the intellect and has become a replacement for careful study and efucation.
Amaechi thinks he is talkin to zoo animals and takes Nigerians for fools.Just like when he said he can't be corrupt he doesn't like money.
Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by Adminisher: 3:09pm On Aug 04, 2017
Lies , served hot and smoking, like Amechi saying they sent a girl to him, he slept with her and money disappeared.
Only Nairaland hosts young people dunce enough to believe that.
Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by yudee233: 3:15pm On Aug 04, 2017
This is not Amaechi everyone knows he doesn't collct or give bribe because he doesn't love money

3 Likes 1 Share

Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by Nobody: 3:24pm On Aug 04, 2017
limeta:
You should be in prison
Once you cross over to APC your sins are washed away.You are now a saint
Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by ozimec(m): 3:44pm On Aug 04, 2017
Nagisa:
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


Share with friends:

Read more at http://www.herald.ng/lost-39-million-rivers-fund-fraudsters-amaechi/#gIvOId1xl73ij3dp.99

I am surprise this information isn't on the front page.

3 Likes 1 Share

Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by Nobody: 4:13pm On Aug 04, 2017
yudee233:
This is not Amaechi everyone knows he doesn't collct or give bribe because he doesn't love money
This is one of the Ministers Buhari searched far and wide for 6 months before he appointed him Minister.Yet people wonder why APC anti corruption war is a fraud.

3 Likes

Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by eagleeye2: 4:39pm On Aug 04, 2017
Does Rotimi Amaechi have a shareholding in nairaland.com? This thread isn't going to be swept under.

9 Likes 3 Shares

Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by Nobody: 5:15pm On Aug 04, 2017
eagleeye2:
Does Rotimi Amaechi have a shareholding in nairaland.com? This thread isn't going to be swept under.
Amaechi and the Drug lord godfather of Lagos State both have shares that is why they don't make front page.

7 Likes

Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by ITbomb(m): 5:25pm On Aug 04, 2017
Me sef for like follow go do IT for governorship make I follow learn
Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by eagleeye2: 5:26pm On Aug 04, 2017
DutchBrah:
Amaechi and the Drug lord godfather of Lagos State both have shares that is why they don't make front page.
Then I will give him free publicity, as much as I can. If I am not banned in this quest, then this thread must come to light one way or another.
our mumu don ripe.

8 Likes 1 Share

Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by ivandragon: 5:36pm On Aug 04, 2017
News like this doesn't make FP...
Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by BabaRamotu1988: 5:47pm On Aug 04, 2017
very bad day for zombies
Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by eagleeye2: 5:49pm On Aug 04, 2017
BabaRamotu1988:
very bad day for zombies
They will want to wish this one away, but there is a Youtube video attached.
Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by Reference(m): 5:50pm On Aug 04, 2017
Who cares. Told you folks corruption was not Nigeria's problem. I don't know why you guys are angry. It is oyel money. Your sweat ain't in it.

3 Likes 1 Share

Re: Why I Lost $39 Million Rivers Fund To Fraudsters – Amaechi by xelly: 5:56pm On Aug 04, 2017
Tell us how much of your personal money you lost.

(1) (2) (3) (4) (5) (6) (Reply)

Error By Hon. Ibrahim Umar In Yobe State / Emir Sanusi Is An Enemy Of Islam Who Only Rides In A Rolls Royce - Yari's Aide / Bukola Saraki Meets Ademola Adeleke In Osun Today (Photos)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 36
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.