N20bn Fraud: Arrest and prosecute Okorocha, Rights Group writes to EFCC
“Rochas Okorocha merely used the company to perfect his looting of Imo treasury by appointing/recommending who are the signatures to the company’s bank account.”
Kingdom Human Rights Foundation International, a rights advocacy group, has demanded the prosecution of Rochas Okorocha, former governor of Imo State, for an alleged N20bn contract fraud.
The demand was put in a petition sent to the Economic and Financial Crimes Commission (EFCC) by the group.
A project file reveals how Okorocha awarded N20bn contract to Zigreat International Company Limited, a firm that didn’t meet all demands required.
Via a petition signed by Okere Nnamdi, its director, and addressed to the anti-graft agency, the group alleged that Okorocha. Directed one Eze Enwereaku and Duru Onyeobi to register a firm named Zigreat International Company Limited.
The petition reads, “Rochas Okorocha merely used the company to perfect his looting of Imo treasury. By appointing/recommending who are the signatures to the company’s bank account. And this put him in direct control of the finances paid into the company’s account through the award of fake and over-inflated contracts.
“Within a period of six years, Zigreat International Company Limited executed so many over-inflated contracts which were not formerly bided and published in newspapers (due process) as required in the Procurement Act and thereby corruptly avoided probity, accountability and transparency in the entire procurement processes.
“The entire contracts awarded to Zigreat International Company Limited breached the law by avoiding pricing standard. That ensures fair competition, transparency, value for money in public sector procurement.
“Please kindly investigate the actual cost of the contracts executed. And recover the inflated resources/amounts paid to the contractor and pay the money back to Imo State treasury,
“Arrest and prosecute all person found to have taken part or benefited in these illegal. And over-inflated contracts by the Okorocha administration in Imo State.”