Imolites Worried Over Ihedioha’s Silence On Bailout Fund

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A cross section of Imolites have expressed worries and deep concern over silence of Governor Emeka Ihedioha, and his seeming reluctance to institute a judicial commission of enquiry into the, disbursement and management of the N26.8 billion Imo bailout fund of which Uche Nwosu was appointed Chairman of disbursement committee by his father-inlaw, Rochas Okorocha who at that time, was the executive governor of Imo State.

The outcry on the need to recover this huge sum of money from Okorocha and Uche Nwosu is coming on the heels of the Federal Government’s commencement of deduction with interest, to the tune of N1.2 billion monthly from Imo’s allocation, in a bid to recover the bailout fund.

Among those who have spoken out loudly on the need to institute a probe panel on Imo bailout fund is Barr Kingdom Okere, of Kingdom Heritage Foundation.

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Okere who was lawyer to Gift Udenwoke, a police officer, who was incarcerated for the reported stealing of part of the bailout funds by a cook in Uche Nwosu’s employ stated that he was aware that Uche Nwosu stock-piled the money in billions of hard currency inside a metallic safe in his bedroom, only for his cook, Henry, to steal the money and elope into thin air or oblivion.

He therefore counseled Ihedioha to immediately probe the incidences that led to the arrest and detention of those who were suspected to have had access to information on the missing Imo bailout fund, so that the truth can be unraveled and the money recovered for the benefit of all Imolites.

Meanwhile, there is a grapevine source stated that Uche Nwosu, has since courted the comradeship of some of Ihedioha’s men begging for soft landing on the issue. The recent Supreme Court ruling affirming the withdrawal of Action Alliance (AA) and by implication, Uche Nwosu from the Election Petition filed against Ihedioha, is a good evidence and riddance to the bad rubbish.

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