Governor Alex Otti Freezes Abia State Accounts and Dissolves Boards in Swift Action

…By Dorcas Funmi for TDPel Media.

Governor Alex Otti of Abia State has wasted no time in implementing significant changes as he assumes office.

Advertisement

He has directed the freezing of all state accounts, including those of state agencies held in banks and financial institutions across the state and country.

Additionally, he has ordered the dissolution of all boards of state agencies.

Ceasing Honoring Unauthorized Documents

According to a statement released by the governor’s Special Adviser on Media and Publicity, Ferdinand Ekeoma, starting from Monday, May 29, 2023, all banks and financial institutions are instructed not to honor any cheques, documents, instruments, or directives that are not expressly approved by or emanating from Governor Otti.

Also on TDPel Media:  Postal Deserts, Royal Mail Statistics Reveal Poor Delivery Performance in Some Areas

Full Statement by Governor Alex Otti

The full statement issued by Governor Alex Otti’s media office reads as follows: “The Governor of Abia State, His Excellency, Dr. Alex Otti, OFR, has directed the immediate freezing of all accounts of the Abia State Government and those of its agencies domiciled in every bank and financial institution across the State and the Federation.

Also on TDPel Media:  Reno Omokri Slams Critics of Fuel Price Hike, Urges Understanding of Consequences

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

Similarly, Governor Otti has directed the immediate dissolution of all boards of the Abia State Government agencies and parastatals and subsequently ordered the chief executives of these organizations to hand over to those next in line to them.”

Advertisement

Also on TDPel Media:  TransUnion to Provide Privacy-Protecting Credit Scores for Blockchain-Based Loan Applications

Swift Implementation of Change

Governor Alex Otti’s directive to freeze state accounts and dissolve boards showcases his determination to bring about immediate changes in Abia State.

By taking these decisive actions, he aims to exert control over the state’s finances and ensure that all financial transactions receive his explicit approval.

The dissolution of boards further emphasizes his commitment to restructuring and reorganizing state agencies to align with his administration’s vision.

Advertisement

Read More On The Topic On TDPel Media

Leave a Reply