Local News

I inherited hundreds of billions in debt from Ex-Gov Obiano – Soludo

The new Governor of Anambra State, Charles Chukwuma Soludo, has claimed he met only N300 million in the state’s treasury when he assumed office.

Soludo revealed this while answering questions on Arise TV on Tuesday.

According to the former Central Bank Governor, he has inherited debts running into “hundreds of billions of naira” from his predecessor, Willie Obiano, according to audited accounts.

Soludo said: “In terms of debt I inherited, it runs into hundreds of billions of Naira. In that of cash, we met about 300 million Naira only. In fact, let’s not talk about it. Our treasury is funny.

“I hope we shall make money henceforth to help us fulfill our promises for infrastructure and development of the state.

“But in terms of what I met in our coffers, my brother, it’s pathetic. Please let us not go there. God will help us”.

Obiano was apprehended by operatives of the Economic and Financial Crimes Commission (EFCC) as he tried to leave the country on the same day he handed over to Soludo. CONTINUE READING…

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