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Otti freezes Abia Accounts, Sacks Boards Executives

Elanza by Elanza
May 31, 2023
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Otti freezes Abia Accounts, Sacks Boards Executives
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Governor Alex Otti of Abia State, has directed the immediate freezing of all accounts of the state government and those of its agencies domiciled in every bank and financial institution across the state and around the federation.

He has also dissolved all boards of Abia State government agencies and parastatals and ordered the heads of all the dissolved agencies and parastatals to subsequently hand over to those next in line to them.

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The governor gave the orders in a statement he issued through his media office on Monday, which was signed by Mr Ferdinand Ekeoma, his Special Adviser on Media and Publicity.

The directive read in part, “With this notice, all banks and other financial institutions in the country are directed to immediately seize from honouring any cheque, document, instrument or directive of any kind not expressly approved by or emanating from him.

“Similarly, Governor Otti has directed the immediate dissolution of all boards of the Abia State Government agencies and parastatals and subsequently ordered the chief executives of these organisations to hand over to those next in line to them”.

The reporter gathered that the news of the sack of the former chief executives of the dissolved boards sparked celebration among staff of such agencies, especially those who were owed some months of salary.

ALSO READ:  Group Express Concerns Over PDP Support For CBN's Cash Swap Policy
Tags: Abia stateAlex Otti
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