How Ikpeazu Paid ₦107.2 Billion For Non-existent Projects In Abia State – Alex Otti Alleges

The Abia State Governor, Alex Otti, has alleged that his predecessor, Okezie Ikpeazu, paid billions of Naira for non-existent projects in the state.

Jkcyno news reports that Governor Otti made this known while addressing Abia Indigenes at an event in the United States to encourage investment in the South-East state.

 

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Otti revealed that upon taking office last year as Governor of the state, he invited one of the top audit firms in the world to conduct a forensic audit.

He said the audit firms recently turned in their reports, which show that Ikpeazu allegedly paid ₦107.2 billion for some non-existent projects, including the airport.

Otti further revealed that the billions paid for the non-existent airport were used to clear off pension and salary arrears owed for 10 years.

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