ISIEC: OKOROCHA’S GOVERNMENT OFFICIAL RACKETEERING AND THE FLEECING OF IMO PUBLIC

ISIEC: OKOROCHA’S GOVERNMENT OFFICIAL RACKETEERING AND THE FLEECING OF IMO PUBLIC

Racketeering is simply organized crime. Official racketeering is therefore a criminal abuse of office.

Imo is bedeviled with very high unemployment and underemployment rate, simply because Imo remains basically a rural state with no industrial sector. Consequently, on the average, over 90% of tertiary institution graduates in the State never return back to the State to reside after their National Youth Service. This is mostly responsible

OKOROCHA TAKES UNDUE LIBERTY IN CASTING ASPERSIONS ON IKEDI OHAKIM.

·         Con Men Understand That Their Job Is Not To Use
Facts To Convince Skeptics But To Use Words To
Help The Gullible To Believe What They Want To
Believe” - Thomas Sowell
In the last one year or more, Governor Rochas Okorocha has taken undue liberty in casting aspersions on his predecessors in a manner that suggests a properly choreographed attempt to divert attention and perhaps seek alibi for obvious lapses in his administrative style characterized by volte faces,

THE UGLY SIDE OF SECTION 308 SO CALLED EXECUTIVE IMMUNITY) EXTENDED BY OUR CONSTITUTION TO GOVERNORS AND THE PRESIDENT
Today January 24 2013, the Governor of Imo State, his Excellency Ethelbert Anayo Okorocha (aka Rochas) has embarked on an official visit to the United State purely for the purpose of retail propaganda against his predecessor. The governor of Imo State has engaged in this journey at the same time the speaker and deputy speaker of the Imo House of Assembly have ran away to India in order to avoid EFCC’s arrest.

 On Thursday January 23rd 2013, EFCC came and arrested the clerk of the Imo House of Assembly. The Arrest of the clerk of Imo House of Assembly has to do with the N13.3 bond money left by Governor Ikedi Ohakim. The bond money was taken for income yielding infrastructural investment such as the Imo connectivity motor way with transverses 19 Local Government from Sam Mbakwe airport in Ngor Okpala to Oguta wonder Lake and which included thirteen toll gates and wonder lake project. Bonds from the capital market are significantly lower than the loans from Commercial Banks in terms of interest rate. Generally, Commercial Bank interest rates in Nigeria hover around anywhere between 22%-27%, but bonds are generally under