Okorocha has incurred N100 billion debt –Imo PDP chairman

FROM GEORGE ONYEJIUWA, OWERRI

The Chairman of the Peoples Democratic Party (PDP) in Imo State, Chief Nnamdi Rich­ard Anyaehie has accused the state Governor, Owelle Rochas Okorocha of plung­ing the state into huge debts, which he said will take the state more than 20 years to exit.

The PDP chieftain alleged that the state under gover­nor Okorocha has amassed a huge debt profile amount­ing to N100 Billion, which he said has put the state in a deep economic mess.

Chief Anyaehie stated this yesterday while addressing newsmen on the parlous state of the economy of the state, which he claimed was ruined by the Okorocha administra­tion.

“Never in the history of the entire south east has any state been so recklessly ad­ministered like the current administration in Imo State. It is a wonder how a gover­nor whose conscience is still alive could watch his people suffer and gnash their teeth with months of unpaid sala­ries, pensions, poor quality projects, high cost of living, mindless demolition of peo­ples’ property and excessive borrowing to the extent that the banks have stopped fur­ther lending to the state.

He added that, it is sad that every month, banks collect almost all the allocations that comes to the state to service the huge debts owed them by the state governor.”

“Okorocha runs Imo like his private estate and behaves as if there won’t be any Imo state tomorrow. He is busy amassing the wealth of Imo people with family members and this is in a state where, workers and pensioners have not been paid for about six months.

“What is worse is that the state has been plunged into a huge debt amounting to over N100 Billion and when he finally leaves as governor of the state, it may take succes­sive administrations over 20 years to pay up the debts ac­cumulated by his administra­tion,” he said