Why Rivers is yet to recover $43m found in Ikoyi – Wike

Rivers State governor, Nyesom Wike has explained why the state is yet to recover the $43m recently discovered by the anti graft agency, the Economic and Financial Crimes Commission, EFCC, from a building in Ikoyi, ‎Lagos.

Wike said he was currently working with some lawyers to make sure the money was recovered.

The governor had alleged that the forty three million dollars was part of loot stashed by former Governor Rotimi Amaechi.

According to him, the amount was what was left of the over three hundred dollars sale of some assets belonging to the Rivers State Government by Amaechi, who is now a Minister in the Federal government.

“The issue is who kept the money at the Ikoyi residence. The money was kept there by the Minister of Transportation, Rotimi Amaechi”, he alleged.

Amaechi in his reaction, however, denied Wike’s claim, describing him as a man who has gone insane.

Speaking on Sun Rise Daily, a programme monitored by our reporter Friday morning on Channels TV, Wike insisted that the money belonged to Rivers and that no amount of threats would stop them from recovering it.

Asked why the FG has not released the money to him, Wike said, “You and I know these people will never agree that the money belongs to Rivers, even when they know the bitter truth.

“They want it in a hard way and we are ready to use every means to recover that money.

“Is it not embarrassing that the EFCC has not come out to tell us who owns the money? Everybody knows the money belongs to Rivers but they don’t want to release it.

“No amount of intimidation will stop us from recovering that money that Amaechi and co stole. We have all the evidence and we will present them at the right time.”