April 15, 2025

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Otti orders freezing of Abia govt bank accounts, dissolution of all boards

Alex Otti

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Otti orders freezing of Abia govt bank accounts, dissolution of all boards

By Steve Oko

The newly-inaugurated Governor of Abia State, Dr Alex Otti, has ordered the immediate freezing of all bank accounts of the State Government and those of its agencies domiciled in every bank and financial institutions across the state and the federation.

Gov. Otti also ordered the immediate dissolution of all boards of the Abia State Government agencies and parastatals.

The Governor who gave the orders in a statement by his Media Adviser, Ferdinand Ekeoma, ordered the Chief Executives of these organisations to hand over to those next in line to them.

“With this notice, all banks and other financial institutions in the country are directed to immediately cease from honouring any cheque, document, instrument or directive of any kind not expressly approved by or emanating from him”, Otti ordered.

 

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