Former governor of Edo state, Lucky Igbinedion has lashed out at Governor Adams Oshiomhole over allegations that he (Igbinedion) diverted $31 million budgeted cement factory in the state during his administration.
In response to the allegations, Igbinedion said: “I feel joining issues with Oshiomhole would amount to dignifying him and his outbursts and lending credence to his bogus allegation.
“On the AVA Cement Company, for that is the true name of the company they are referring to, Oshiomhole claimed that I used Edo State $31 million to execute the project to about 90 percent…As at 2006 when the AVA Cement Company project kicked off, the exchange rate for a dollar was about N100/$1 hence, $31 million then amounted to about N3 billion.
“So, if Edo State Government invested N3 billion for a project that gulped well over N20 billion, the question is; where did the balance of N17 billion come from?”
The State chapter of the Peoples Democratic Party,PDP had beforehand,raised its voice against the allegation,describing it a witch hunt on the ex-governor.
The party also challenged Governor Oshiomhole on why he waited for seven years before coming up with a probe which it described as a persecution of Igbinedion, adding that the governor was drowning with the recent action.
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