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JUST IN: Amaechi Loses Bid To Stop Wike’s Alleged N96bn Fraud Probe

The Supreme Court has dismissed the appeal by former Minister of Transportation, Rotimi Amaechi against the decision by Rivers Governor, Nyesom Wike to set up a seven-man panel to probe his eight year tenure as Governor.

Gatekeepers News reports that the court held that Amaechi’s appeal was without merit and awarded N1million cost against him.

The panel was to probe some transactions estimated at about N96billion carried out by Rivers State Government under Amaechi.

Rivers State claimed Amaechi’s administration fraudulently sold some assets belonging to the State.

Amaechi challenged the constitution of the panel at the High Court, arguing among others, that the planned probe was intended to witch-hunt, embarrass and humiliate him.

His suit at the High Court of Rivers State was dismissed, he also lost at the Court of Appeal prompting him to approach the Supreme Court.

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