The Economic and Financial Crimes Commission, EFCC is reportedly beaming its searchlights on former governor of Abia State, TA Orji and his son, Chinedum, the current Speaker of the State Assembly and have uncovered huge amounts of funds suspected to have been diverted from the state coffers, to the tune of over N520 billion in various bank accounts traced to the embattled politicians.
The intensive investigation and shocking discoveries came after a group, Fight Corruption: Save Nigeria Group filed a petition against the former Governor and his son on March 17, 2017. T.A. Orji who served two terms as governor between 2007 and 2011 and now represents Abia Central Senatorial district, was accused of withdrawing N500 million monthly as security vote from the state’s treasury during his eight years in office amongst other financial infractions and sharp practices.
The group had accused T.A. Orji of diverting N383 billion revenue from the Federation Account, N55 billion Excess Crude revenue, N2.3 billion Sure-P revenue, N1.8 billion ecological funds, N10.5 billion loan, N12 billion Paris Club refund, N2 billion agricultural loan, and N55 billion ASOPADEC money while in office and also accused Chinedum Orji of owning about 100 accounts in different banks.
EFCC’s Spokesperson, Tony Orilade confirmed that the two politicians were arrested and released on administrative bail and also revealed that it took the agency 3 years to commence investigation after the petition was filed because it had to follow official protocols.
Some of the accounts traced to Chinedum Orji, the former Governor’s son who is now the Speaker of Abia House of Assembly include:
1.Fotoworld Industry Ltd, opened with GTBank, has in it $21million
2.Fotoworld Industry Ltd, with First Bank – N363million
3.Another Fotoworld Industry Ltd, with First Bank – $84,000
- Another Fotoworld Industry Ltd, with First Bank – N343million
5.Another Fotoworld Industry Ltd, with First Bank – £1.7million
6.Another Fotoworld Industry Ltd, with GTBank – N88million
7.Another Fotoworld Industry Ltd, with GTBank – $21million
8.Exact Construction Ltd, opened with Keystone bank – N1.2billion
9.Another Exact Construction Ltd, with Keystone bank, has N636million
10.Another Exact Construction Ltd, with First Bank, has N599.8million
11.Fotofast Industry Ltd, with First Bank, has N21million
12.Another Fotofast Industry Ltd, with First Bank, has N224million
13.Another Fotofast Industry Ltd, with First Bank, has N4.1billion
14.Another Fotofast Industry Ltd, with First Bank, has N1.7billion
15.Another Fotofast Industry Ltd, with First Bank, has N274million
16.Another Fotofast Industry Ltd, with First Bank, has N64.9million
17.Fotofast Industry Ltd, with GTBank, has N425.6million
18.Another Fotofast Industry Ltd, with GTBank, has N71.8million
19.Another Fotofast Industry Ltd, with GTBank, has N23.5million
20.Another Fotofast Industry Ltd, with GTBank, has N158.5million
21.Another Fotofast Industry Ltd, with GTBank, has N50million
22.Orji Chinedum’s Access Bank personal account – $47,726.64
23.Orji Chinedum’s First Bank personal account – N117.7million
24.Another Orji Chinedum’s Access Bank personal account – $124.3million
25.Another Orji Chinedum’s First Bank personal account – N342.7million
26.Orji Chinedum’s FCMB personal account – N384.9million
27.Another Orji Chinedum’s FCMB personal account – N205.5million
28.Orji Chinedum’s First Bank personal account – $601, 716.62
29.Another Orji Chinedum’s First Bank personal account – N153.9million
30.Another Orji Chinedum’s First Bank personal account – N153m
31.Another Orji Chinedum’s Access Bank personal account – N178.3m
32.Another Orji Chinedum’s Access Bank personal account – $48,000
33.Cheetah Press Ltd, First Bank account – N1.1billion
34.Cheetah Press Ltd, Union Bank account – N430.9million
35.Cheetah Press Ltd, Standard Chartered Bank account – N42million
36.Cheetah Press Ltd, GTBank account – N241million
37.Another Cheetah Press Ltd, GTBank account – N966million
38.Cheetah Press Ltd, UBA account – N143.9million
39.Another Cheetah Press Ltd, UBA account – N2.2billion
40.Another Cheetah Press Ltd, UBA account – N782.7million
41.TravelBETA, UBA account, $788, 174.22
