By Valentine Amanze
The Governor-elect of Imo State, Hon. Emeka Ihedioha, has warned all banks and financial institutions transacting business with the state government against granting or giving approvals to loans, overdrafts and credit facilities allegedly being sought for by the outgoing government in the state.
Ihedioha gave the warning on the allegation that the Governor Rochas Okorocha-led administration was requesting for credit facilities from the financial institutions on behalf of the state government.
The governor-elect, through his Media Aide, Chibuike Onyeukwu, advised banks not to grant such requests, warning, “Any financial institution which fails to heed this warning, does so at the risk of future business relationship with the government of Imo State.”
His words: “Pursuant to confirmed information reaching the Imo State Governor-elect, His Excellency, Rt. Hon. Emeka Ihedioha CON, on the reckless, irresponsible and selfish applications and requests for loans, overdrafts and other credit facilities being hurriedly and wickedly made by the outgoing Governor Rochas Okorocha, on behalf of Imo State Government; all banks and financial institutions, having business relationship with Imo State Government are hereby warned against granting or giving approvals to such loans, overdrafts and credit facilities.
“You have been sufficiently warned!”
