8.4 C
New York
Sunday, December 10, 2023

Ogbaru Market Boss in N57m Mismanagement Scam



- Advertisement -


From Nweke Nweke, Awka


There is possibility of heads going to roll very soon in relief main market, Ogbaru Local Government Area, Anambra State following the alleged mismanagement of over #57 million naira released by the immediate past governor of the state, Mr. Peter Obi for the compensation of those whose shops were demolished in the market.


Investigation conducted on the impending upheaval by 247ureports.com reveals that the past administration in the state has demolished over 400 shops tagged as illegal structures facing the notorious Upper Iweka and that of Obodoukwu road; the action of the government according to sources was to allow the flow of floods around the market.


Carpeting the benevolence of the government, the leadership under the able leadership of Mr. Cyprian Okoye (Cymanco), the market leaders in trying to swell up their bank account to the detriment of the demolition exercise allegedly extorted between #100.000.00 and above from some of the traders who were inching not to mislay their shop(s) to the government’s bulldozers.

READ ALSO  Nigerian Monarchs, PGs Deserve Special Security — UN Ambassador Advocates, Hails Soludo


On 247ureports.com’s visit to the market, it was discovered that constructions of the shops at the very point government had mapped out as no go areas were in progress with the claims from the office of the President General, Ogbaru Main Market that the Local Government Chairman gave approval to the construction exercise and not him.


Accusing the President General of controversial Ogbaru Main Market to have been opposing the peaceful atmosphere led down by the administration of His Excellency, Chief Willie Obiano, some of the traders who spoke under the condition of anonymity alleged that Cymanco as he is fondly called by his admires has concluded plans to allegedly cause havoc in the market by make move to murder any person that may stand his way against his second term bid.

READ ALSO  Anambra Journalists Lose Colleague, Anoliefo, Rally Support for Her Children


Apart from having failed to pay greater percentage of the victims of the demolishing exercise, Cymanco is also accused to have defrauded each of the affected traders of #100,000 as the amount used in attracting the compensation team from the Government House, Awka last year.


When contacted, the man said not to be enjoying the full support of his executive members denied the allegation, stating that it is those who never whished seeing his face as the leader of the market is painting him black

Hey there! Exciting news - we've deactivated our website's comment provider to focus on more interactive channels! Join the conversation on our stories through Facebook, Twitter, and other social media pages, and let's chat, share, and connect in the best way possible!

Join or social media

For even more exclusive content!

Of The Week


- Advertisement -

Of The Week

247Ureports Protects its' news articles from plagiarism as an important part of maintaining the integrity of our website.