Home » Paris Club Refund: Wike Received N60billion And Squandered It On Travelling Around The World

Paris Club Refund: Wike Received N60billion And Squandered It On Travelling Around The World

Nigerian billionaire, Ned Nwoko has once taken a jab at the Governor of Rivers State, Nyesom Wike.

Naija News recalls that Wike in a video had fingered Nwoko over the $418 Paris Club refunds.

However, reacting in a statement issued by his Media Directorate and signed by him, Nwoko vowed that Wike would end up in jail after his time as governor runs out due to his various nefarious deeds.

In the statement made available to Naija News, the senator alleged that despite Wike’s allegations against him the governor had received 60 billion Naira from the Paris Club refunds, but spent it on frivolous projects and phantom travels.

According to him, “Wike carelessly dabbled again into the issue of the $418 Paris Club refunds, a legitimate entitlement of Prince Ned Nwoko, whose patriotic ingenuity, as a time-honoured lawyer, secured billions of dollars in favour of local and State governments, including Wike’s administration as a beneficiary.”

He wondered why Wike would chastise him for laying claim to monies he genuinely earned and approved by the Federal government following various court judgements and 3 separate EFCC reports supporting the payments.

When has demands for professional fees duly sanctioned by statutory authorities and scrutinised by anti-corruption agencies like EFCC and DSS become ‘fraud’.

“We are appalled by Wike’s wicked and despicable wild goose chase, he added

Speaking further, the billionaire alleged that the Rivers State governor received “a whopping share of over 60 billion Naira from the Paris Club refunds to States, thanks to the sterner stuff of Prince Ned Nwoko who took the Federal government to Courts on behalf of the States and local governments and won, over the arbitrary deductions.”

Nwoko claimed to have infallible evidence that Wike not only collected the huge funds but squandered the proceeds through phantom projects and frivolous travels around the world in crude obscene ego trips.

Like discerning members of the public, we are aware of Wike’s primitive hoarding of illicit loot for elections, a dubious game plan that can only be contrived by a man of opaque character, the statement added.

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