Ikpeazu left N3.49bn credit balance – Former Abia commissioner counters Gov Otti

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Abia News

Ikpeazu,Otti

A former Commissioner for Information in Abia State, Chief John Okiyi-Kalu, has said the immediate past governor of the state, Okezie Ikpeazu, left a net credit balance of N3.48 billion for the present administration led by Governor Alex Otti.

In a statement issued on Tuesday, Okiyi-Kalu said the revelation was contained in the Abia Forensic Audit report done by Klynveld Peat Marwick Goerdeler, KPMG, a multinational professional services network that provides audit, advisory, tax and legal services. The former commissioner clarified while reacting to allegations made by the incumbent governor against Ikpeazu .

recalls that Governor Otti claimed on April 6, 2024, that he inherited N192.2bn debt from his immediate predecessor, Okezie. During an interaction with journalists, the governor stated that some of the debts have been paid off with high interest rates, adding: “It is tough, but we have to do it. We manage our expenses well and are able to live.

Source: Loan Digest (loandigest.net)

Ikpeazu Otti

 

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