Imo state reveals fresh N20 billion debt incurred by Okorocha

The former governor Rochas Okorocha.

According to the state government, the debts, which had sunk the state, arose from subsisting court judgments, Orders, Garnishee Orders and Proceedings for Execution of judgments and orders of courts against the state.

This was made known by the Imo State Attorney-General, Ndukwe Nnawuchi, SAN, made in a statement to The Nation on Tuesday.

“The present administration is as a result inundated and consistently harassed, embarrassed and put under pressure by the judgment creditors whose drive to execute the aforesaid judgments, orders and garnishee proceedings has brought the smooth running of government to a near halt, leading to an imminent collapse of the government. ”

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.