Obio/Akpor Sole Administrator Accused of Multi-Million Naira Looting Scheme
Obio/Akpor Sole Administrator Accused of Multi-Million Naira Looting Scheme
Allegations of large-scale corruption have emerged against the Sole Administrator of Obio/Akpor Local Government Area, Mr. Ndu Walter, following leaked documents that reportedly expose a web of financial impropriety and abuse of office.
According to credible sources, Mr. Walter is alleged to be at the center of a looting spree involving the misappropriation of public funds estimated at over ₦300 million. The revelations point to a sophisticated laundering scheme, with Mr. Walter purportedly channeling the diverted funds through his brother-in-law, Mr. Christopher Obi, who allegedly serves as a proxy in the illicit financial transactions.
Evidence shows that since his controversial appointment by the Sole Administrator of Rivers State, Vice Admiral Ibok Ette Ibas (rtd), Mr. Walter has issued multiple directives to banks operating the council’s accounts, authorizing questionable transfers and withdrawals.
Insiders within the local government claim that several memos signed by Mr. Walter reveal a pattern of financial misconduct and a systematic plundering of public resources. These actions have reportedly sparked outrage among stakeholders and civil society groups within the state.
Reacting to the development, a coalition of concerned stakeholders from Obio/Akpor have vowed to file a formal petition with the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices & Other Related Offences Commission (ICPC), urging the agencies to investigate the financial dealings of Mr. Walter and all those implicated in the laundering scheme.
“This is not just a case of abuse of office, but a deliberate looting of public funds meant for grassroots development,” said one of the petitioners who requested anonymity. “We will ensure this matter does not go unpunished.”
Sources close to the petitioners allege that a specific bank account belonging to Mr. Christopher Obi with account numbers; 2011345135( First Bank)was repeatedly used for these transfers.
Efforts to reach Mr. Walter and Mr. Obi for comments were unsuccessful as at press time.
The allegations come amid growing concerns over the transparency and legitimacy of appointed local government administrators in Rivers State, with critics calling for immediate reforms and a return to democratically elected leadership at the grassroots.
As public attention mounts, all eyes are now on the EFCC, ICPC and other anti-graft agencies to act swiftly in probing the allegations and bringing all culpable parties to justice.
Source: Rivers Integrity Online
