2014 Budget: PDP warns banks against dealing with Rivers Govt
The Peoples Democratic Party (PDP) in Rivers State said on Thursday that any bank that deals with the Rivers State Government in relation to the 2014 Appropriation Act does that at its own risk.
PDP said that the passage into law of the 2014 budget outside the legislative chambers of the state assembly by the lawmakers loyal to Amaechi remained illegal, null and void, and was of no effect. In a statement by Jerry Needam, special adviser on media to the state chairman, Felix Obuah, the state chapter of PDP issued a caveat emptor to the banks.
According to the statement, 'Amaechi cannot have any other reason for the gross disregard for the Supreme Court judgment on the illegality and nullity of a state legislature to conduct its proceedings outside the constitutionally approved chamber, than to access more state funds to sponsor the All Progressives Congress (APC).
'To show how desperate Amaechi is about frittering away the state resources because of the people's stiff opposition to his class of leadership, he has also continued to ask for another N100 billion loan besides the over a trillion naira already collected.
'This has proved that we are not just crying wolf that the state is broke despite Amaechi's shameless denials, yet he is leaving no stone unturned in grabbing monies belonging to the state from all sources. We shall continue to stand against this broad-day roguery because we are all stakeholders and cannot remain silent in the face of this daring provocation by Amaechi and a few lawmakers and persons who are encouraging him so as to line their own pockets.'