It has been over 2 years since Akwa Savings and Loans closed down under the watch of Gov. Udom Gabriel Emmanuel.
Over 200 parents/staff became jobless in a state Governed by a former bank director who claims he had over 25 years banking experience.
They told us they inherited a debt of N1.5b naira but got an approval from the AKSHA on the 3rd of March, 2016 to secure a loan of N1.5b to pay the debt (See document attached).
However, instead of repaying the debt (if any existed), Governor Udom, in collusion with his finance commissioner, fraudulently diverted the money from the Akwa Savings & Loans Ltd account no. 1006986768 to an account of which the finance commissioner was the sole signatory and operator.
This action by Udom Emmanuel crippled the operations of the bank, sending 200 parents packing under the disguise of not being able to fund the bank till today.
Kindly reflect on these questions
If debt was truly the problem, what happened to the N1.5b Udom claimed he borrowed to pay Akwa Savings and Loans? Did he not pay the debt after borrowing the money? (See the attached documents)
Akwa Ibom State in the last 3 years has received the highest allocation in Nigeria. What real projects have Udom carried out that warranted the borrowing of money to clear bills when he had things like the Paris club refund?
What happened to the N25.98b (1st tranche) of Paris club refund? Why didn’t Udom use some of the money to sustain or keep Akwa Savings and Loans alive?
What happened to the over N74b returned to Akwa Ibom State by the Federal Govt. out of N144b Senator Akpabio used to carry out federal projects when he was governor? What has Udom used the money for that Akwa Savings and Loans should close down?
Could it be true that Gov. Udom purposefully closed down Akwa Savings and Loans in order to sell it to a Lagos consortium that belongs to him?
Could it be true that Governor Udom Emmanuel rendered over 200 parents jobless because of a hidden agenda to buy the bank over?
Akwa Ibom people think deep and JUDGE FOR YOURSELF
Is this the kind of deception you need in the next 4 years?
Let your PVC speak for you because #YouDeservetheBest
VOTE Obong Nsima Ekere come March 9th 2019.
It has been over 2 years since Akwa Savings and Loans closed down under the watch of Gov. Udom Gabriel Emmanuel.
Over 200 parents/staff became jobless in a state Governed by a former bank director who claims he had over 25 years banking experience.
They told us they inherited a debt of N1.5b naira but got an approval from the AKSHA on the 3rd of March, 2016 to secure a loan of N1.5b to pay the debt (See document attached).
However, instead of repaying the debt (if any existed), Governor Udom, in collusion with his finance commissioner, fraudulently diverted the money from the Akwa Savings & Loans Ltd account no. 1006986768 to an account of which the finance commissioner was the sole signatory and operator.
This action by Udom Emmanuel crippled the operations of the bank, sending 200 parents packing under the disguise of not being able to fund the bank till today.
Kindly reflect on these questions
If debt was truly the problem, what happened to the N1.5b Udom claimed he borrowed to pay Akwa Savings and Loans? Did he not pay the debt after borrowing the money? (See the attached documents)
Akwa Ibom State in the last 3 years has received the highest allocation in Nigeria. What real projects have Udom carried out that warranted the borrowing of money to clear bills when he had things like the Paris club refund?
What happened to the N25.98b (1st tranche) of Paris club refund? Why didn’t Udom use some of the money to sustain or keep Akwa Savings and Loans alive?
What happened to the over N74b returned to Akwa Ibom State by the Federal Govt. out of N144b Senator Akpabio used to carry out federal projects when he was governor? What has Udom used the money for that Akwa Savings and Loans should close down?
Could it be true that Gov. Udom purposefully closed down Akwa Savings and Loans in order to sell it to a Lagos consortium that belongs to him?
Could it be true that Governor Udom Emmanuel rendered over 200 parents jobless because of a hidden agenda to buy the bank over?
Akwa Ibom people think deep and JUDGE FOR YOURSELF
Is this the kind of deception you need in the next 4 years?
Let your PVC speak for you because #YouDeservetheBest
VOTE Obong Nsima Ekere come March 9th 2019.
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