Tag Archives: rotimi amaechi

Amaechi May Dump APC! Insiders Reveal

There are strong indications that the former Minister for Transportation, Rotimi Amaechi is perfecting plans to dump the APC where he contested its presidency ticket for another party.

 

 

This is coming from what is tagged the former Minister’s fury towards the public romance of Governor Nyesom Wike and top members of the APC.

 

It is a known fact that Wike and Amaechi are sworn enemies.

 

 

Some loyalists of the former Rivers State Governor hinted that the public romance with Wike by some APC chieftains was seen as a plot to ridicule him in what he termed a move to get back at him for contesting the APC presidential ticket.

 

 

The flagbearer of the APC, Asiwaju Bola Ahmed Tinubu is alleged of the plot to ridicule Amaechi who came second in the primary election to select the presidential candidate of the APC.

 

 

It was alleged that the Tinubu camp bypassed Amaechi and plan to work with Wike to achieve victory in the presidential elections.

 

 

Tinubu’s camp were said to have realised Amaechi cannot be trusted, judging by past experience and have decided to work with Wike.

 

 

There is also an angle of Magnus Abe who is said to be one of Tinubu’s ‘boys’.

 

 

Loyalists of Amaechi are claimed to be wrapping up plans to dump the APC and pitch their tent with another party.

 

 

The PDP, who has Alhaji Atiku Abubakar as its flagbearer is tipped as their next destination.

 

 

It is said there’s a plan for Atiku to meet Amaechi so they can both reach a conclusion before Amaechi can unveil his move.

 

Governor Nyesom Wike had earlier stated he could invite anyone that pleases him for his commissioning after the noise that greeted his invitation of Governor Babajide Sanwo-Olu of Lagos State to commission some projects in Rivers.

 

In the past few weeks, APC strong members likeGovernor Aliyu Wamakko of Sokoto,  Kayode Fayemi, Speaker Femi Gbajabiamila and some others have met with Wike in a manner considered as a romance for him to work with APC.

 

 

 

 

Rivers State Begins Prosecution Of Amaechi Over $50m Fraud

Rotimi Amaechi

Former Minister of Transportation, Rotimi Amaechi is in more trouble as the Rivers State government has finally slammed a nine-count charge of stealing, cheating and conspiracy on him.
In a suit marked PHC/CR/2022, filed on the 7th of June, the Nyesom Wike led Rivers State also listed the Governorship candidate of the All Progressive Congress (APC), Tonye Cole, Sir Augustine Wokocha, Dr Chamberlin Peterside, Sahara Energy Resources Limited, NG Power-HPS Limited and Cenpropsaroten Hotel Management as the former governor’s co-defendants.
According to the statement in the charge sheet signed by C.F. Amadi, the Director of Public Prosecution for the Attorney-General of Rivers State, in count one, the state said Amaechi and his co-defendants “sometime between 2011 and 2012 at Port Harcourt within the Port Harcourt Division of the High Court of Rivers State did conspire among yourselves to commit felony to stealing the sum of $274,563,599.59USD”.
The document said the money was a proceed from the sale of 70% equity held by the Rivers State Government in the power generation asset at Omoku Gas Turbine, Eleme Gas Turbine and Afam Gas Turbine Phase 1to NG Power-HPS Limited.
In Count two, the state alleged that Amaechi and his co-defendants within the same period “stole the same amount of money being proceeds from the sale of 70% equity belonging to her in the power generation assets at Omoku, Trans-Amadi, Eleme and Afam Gas turbines.
The state in count three said Sahara Resources Limited, NG Powers-HPS Limited within the same period with intent to cheat agreed to purchase from Rivers State Government 70% equity held by the state in the power generation assets in the four turbines in the sum of $302,960,000USD.
The state said the companies actually took possession, management and control of the said power generation assets upon payment of the initial sum of $274,563,599.59USD, but refused to pay the outstanding balance of $28,400,000USD due to the state.
In the count four, the state alleged that Amaechi and his co-defendants within 2011 and 2012 conspired by fraudulent means to affect the market price of the four power generation assets of Rivers State.
She said the defendants offered the assets for sale exclusively to Sahara Energy Resources Limited, NG Power-HPS Limited (subsidiary of Sahara Energy Resources Limited) and Tonye Cole (Director) instead of by means of open competitive bidding prescribed under section 52 (3) of Rivers State public procurement law number 4 of 2008.
The state further in count five alleged that Amaechi, Sahara Energy, Cenpropsaroten Hotel Management and Cole within the same period “did conspired by fraudulent means to affect the market price of Olympia Hotel, Port Harcourt by offering the said Olympia Hotel, Port Harcourt for concession exclusively to Sahara Energy Resources Limited and Cenpropsaroten Hotel Management (subsidiary of Sahara Energy Resources Limited) and Tonye Cole (Director) instead of by means of open competitive bidding prescribed under section 60 (1) of Rivers State Public Private Participation in Infrastructure Development Law number 5 of 2009.
Rivers also in count six accused Amaechi, Sahara Energy, Cenpropsaroten Hotel Management and Cole of conspired among themselves to commit felony by stealing $1million being concession fee the defending companies paid to Rivers State Government for the concession of Olympia Hotel for a period of 40 years.
The state in count eight alleged that Amaechi and Sahara Energy about December 1, 2014 conspired among themselves to commit felony by stealing the sum of $53,095,602.05USD from Rivers State USD account number 006489429 with Access Bank, Bank road Branch, Port Harcourt.
The offence were said to be contrary to section 421, 422, 516A and 383 of the Criminal Code Law, Law of Rivers State of Nigeria, 1999.

 

Credit: The Street Journal

Above The Law? Amaechi Dissolves NDDC Board (how Transport Minister bypassed SGF to appoint new MD)

Emerging facts have shown that the Hon. Minister for Transportation, Hon. Rotimi Amaechi is the brain behind the dissolution of the Niger Delta Development Commission Board, and the appointment of Prof. Nelson Brambaifa as the MD of the interventionist agency.

Available information revealed that Mr Amaechi bypassed the Secretary to Federal government, Mr. Boss Mustapha, in dissolving the NDDC board. According to available information, Amaechi has for long sought for the removal of Mr. Derek .L. Mene, who is said to be an ally of Magnus Abe, who the Transport minister is having a running battle of supremacy with, in the Rivers state All Progressives Congress. Amaechi was said to have written a memo to President Muhammadu Buhari, requesting the dissolution of the board of the interventionist agency. This was said to have been overridden by the SGF, Boss Mustapha, who made it known that the offices are tenured, thus advised against the dissolution.

On Friday, the 25th of January, 2019, the outgone MD, Mr. Nsima Ekere, was at the presidency to submit his resignation letter, and to thank President Muhammadu Buhari for giving him the opportunity to serve. This information, sources claimed, threw Mr. Amaechi into a desperate state, as he dashed down to the presidency with an old memo earlier assented to by Mr President, before the attention of Mr President was drawn to the impropriety of acceding to Amaechi’s request.

Security Aides Disgrace Amaechi (how he was held to ransom for 4 hours on his last day in office. ‘it was a lie! They only demanded for parting-gift’ -aide)

Details have emerged on the embarrassing situation that the ex-Governor of Rivers State, Rotimi Amaechi found himself in his last day in office.
A source revealed to papermacheonline how the Rivers State ex-Governor was held inside the Government House in Port-Harcourt for close to four hours by his security details over the non-payment of their 8 months allowance.
‘The Governor was locked up and prevented from coming out while his security  team threatened to shoot if he dares come out’ says the source.