How Ikpeazu Paid ₦107.2 Billion For Non-existent Projects In Abia State – Alex Otti Alleges

Alex Otti Ikpeazu

The Abia State Governor, Alex Otti, has alleged that his predecessor, Okezie Ikpeazu, paid billions of Naira for non-existent projects in the state.

Akelicious reports that Governor Otti made this known while addressing Abia Indigenes at an event in the United States to encourage investment in the South-East state.

Otti revealed that upon taking office last year as Governor of the state, he invited one of the top audit firms in the world to conduct a forensic audit.

He said the audit firms recently turned in their reports, which show that Ikpeazu allegedly paid ₦107.2 billion for some non-existent projects, including the airport.

Otti further revealed that the billions paid for the non-existent airport were used to clear off pension and salary arrears owed for 10 years.

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