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Document: How Gov. Obiano squandered Anambra’s N86b

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The attached document shows how the sum of N86 billion left by the former governor of Anambra State, Mr. Peter Obi, disappeared under the watch of the present governor, Mr. Willie Obiano.

The document was addressed to the Office of the governor, Government of Anambra State, attention of Chief Dr. Willie M. Obiano.

The document, signed by Peter Obi and titled “2014 Anambra State Handover Report“, reads in part:

“I have the honour to forward herewith, the Handover Report of my Administration.

“I trust that you will find this report useful, as a tool for consolidating and moving forward the administrative and governance structures in Anambra State.

“As Friday 14 March, 2014 was the final working day of my Administration, I also forward herewith, the summary of the full financial statement of Anambra State (copies of which are herein attached) as at close of business on that day.”

The summary of the accounts are as follows:

  1. Local Investments as at March 14/03/14                     – 27,000,000,000.00
  2. Foreign Currency lnvestment (US$156M) 14/3/14     – 26,500,000,000.00
  3. Certified State/MDAs Balances                                      – 28,165,985,574.06
  4. FGN Approved Refund                                                      – 10,000,000,000.00
  5. Total                                                                                     – 91,665,985,574.06

The document also showed that the estimated liability including March salaries, pension and gratuity as well as, approved certificates of already executed projects amounted to: N5,000,000,000.00

The total amounted handed over to Governor Obiano which, unfortunately, went down the drain, amounted to: N86,665,985,574.06.

See document below:

Anambra, Peter Obi, Willie Obiano

The question on the lips of Ndi Anambra is: “Where is the eighty-six billion Naira?”

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