Ihedioha puts financial transactions with Imo govt on hold

Imo State governor, Hon. Emeka Ihedioha has directed all financial institutions having relationship with the government not to honour any withdrawal instruction by cheques, transfers or in any other form.

The directive was announced in a statement by the governor’s Special Adviser on Media Affairs, Mr. Steve Osuji, in Owerri on Thursday.

According to him, no financial mandates or any form of financial instruction should be treated and all outstanding financial instructions already with banks and financial institutions should be put on hold.

Ihedioha said that the directive, which takes immediate effect, would cover all the accounts of ministries, departments, parastatals, local government councils, quasi-government agencies, and all revenue generating organs of government.

He directed banks and other financial institutions to ensure compliance, as the state government would not be responsible for any disbursement, effected contrary to the directive, adding that the directive would remain in force until otherwise communicated.

The Imo helmsman cautioned that Heads of government departments, parastatal agencies, permanent secretaries and relevant officers would be held responsible for any breach.

  • NAN

Leave a Reply

Your email address will not be published. Required fields are marked *