Gov. Ihedioha freezes bank transactions on Imo govt accounts

Imo State governor, Emeka Ihedioha, has directed that all banks that have relationship with the State Government should not honour any withdrawal instruction by cheques, transfers or any other form.
A statement by Steve Osuji, the Special Adviser to the Governor on Media, on Thursday, said no financial mandates or any form of financial instruction should be treated.
The statement reads in part, “All outstanding financial instructions already with banks and financial institutions should be put on hold.
“This directive covers, but not limited to, all the accounts of Ministries, Departments, Parastatals, Local Government councils, Quasi-government Agencies, and all revenue generating organs of government.
“Banks and non-bank financial institutions are to take note and ensure compliance as the state government will not be responsible for any disbursement effected contrary to this directive.”
He said the directive will remain in force until otherwise advised.
“Heads of government agencies, departments, parastatals, permanent secretaries and relevant officers will be held responsible for any breach. This directive takes effect immediately
Gov. Ihedioha freezes bank transactions on Imo govt accounts Gov. Ihedioha freezes bank transactions on Imo govt accounts Reviewed by Legitnews247 on May 30, 2019 Rating: 5

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