The coast is clear for the probe and prosecution of former Minister of Transportation, Rotimi Amaechi, as Supreme Court directed relevant investigative agency to investigate his alleged financial misappropriation of ninety six billion naira (N96bn).
The Apex Court arrived at this decision after his application to stop the investigation was thrown out by the five man panel Justices of the highest court in the land.
In a unanimous judgement by the five-man panel of Justices, they submitted that there was no justification to stop the probe of the All Progressives Congress presidential aspirant.
The court also awarded a million naira (N1m) cost against the ex-governor.
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Governor Nyemson Wike had set up a Commission of Inquiry, to probe some transactions estimated at about N96billion carried out by Rivers State Government under Amaechi.
The Commission of Inquiry, headed by Justice George Omekeji, was to look into how N96 billion was allegedly withdrawn from the treasury of the state government and how it was expended.
The Governor also said that the commission of inquiry was to look into the lawful or otherwise sales of valuable assets of the state.
The commission of inquiry at the conclusion of its finding reported that Amaechi’s administration fraudulently sold some assets belonging to the State.
The listed valuable assets are Omoku Gas Turbine, Afam Gas Turbine, Trans Amadi Gas Turbine, Eleme Gas Turbine, Olympia Hotel and the award of contract for the execution of Mono Rail Project.
Amaechi, however, challenged the credibility of the commission of inquiry at the High Court of Rivers State and lost.
The former Governor also lost at the Court of Appeal prompting him to approach the Supreme Court.
