Okorocha: I Didn’t Borrow N100bn

Imo State Governor, Chief Rochas Okorocha,  Wednesday dismissed allegations in some quarters that he took a loan of N100 billion to finance some capital projects in the state. He described the allegations as mere cheap propaganda by those uncomfortable with his rescue mission programme anchored on transparency and accountability.

Okorocha, who spoke while giving account of his stewardship for the past two years to the people of the state, explained that his administration which met a decayed and neglected state had through efficient and judicious utilisation of available resources, repositioned the state.
With a graphic detail of revenues and expenditures, the governor revealed that his administration, shortly after inception, discovered a hidden N551 million in a bank in Aba, Abia State.

The governor, who described himself as a child of circumstances divinely sent to rescue the people, said apart from meeting a council fund of N2 billion from June 2011, the total amount which accrued to the state from the federation account between January to December, 2012 was N84 billion.

THISDAY observed that while the ceremony was going on, pensioners from the state-owned radio and television stations (Imo Broadcasting Corporation (IBC), who were being owned about 23 months of pension were demonstrating displaying placards that government should pay them their arrear