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PDP Abia tackles Oshiomole over Governor Ikpeazu’s handling of Paris Club and bailout funds


The Peoples Democratic Party in Abia State has reacted angrily to comments by the APC National Chairman, Adams Oshiomhole, for falsely accusing the Abia State Governor of mismanaging the Paris Club bailout funds.

Onyebuchi Ememanka, director, media, information and communications of the Abia State PDP campaign council accused Oshiomhole of being very careless in his statements when he said that the government of Governor Okezie Ikpeazu diverted the bailout funds and Paris Club refunds paid to Abia State by the Federal Government.

He said the Abia State Government under Governor Ikpeazu has displayed the highest level of transparency and accountability in the management and disbursement of the bail out funds and all tranches of the Paris Club refunds paid to the State.

Accoding to Ememanka: “All payments received by the State was made public and the disbursement was handled by a tripartite committee made up of officials of the State Government, Labor Unions and Pensioners Union.

He said not a single kobo of these funds was appropriated nor disbursed without the full knowledge and cooperation of these bodies. It is public knowledge that a very large chunk of the funds were applied to offsetting salary and pension arrears using the formula approved by the labor unions.

Indeed, the second tranche of the Paris Club refunds were dedicated 100% to offsetting arrears of salaries and pensions, most of which were inherited from previous administrations in the state.

In his words: “The transparency of the Ikpeazu administration in the management of these funds were hailed not just by labor leaders in the state but by the ICPC, an agency of the federal government which Oshiomhole’s party controls.

“If he had just bothered to make a simple inquiry from these agencies, he would have been properly briefed and thereby save himself from the antics of a local palm wine drinker which he exhibited in Umuahia last Friday.

“We challenge Oshiomhole to make public any indictment by any agency of the federal government against the Abia State Government on the management of the Paris bailout funds.

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