Governor Rochas Okorocha of Imo State has said that his government has not borrowed from any bank, stating that opponents of his government have been talking about his borrowing from banks because of the numerous projects his administration has executed, Vanguard reports.
Governor Okorocha spoke during a breakfast meeting with journalists in the state at his private residence in Owerri on Tuesday, March 14, 2017, adding that instead of his administration borrowing, what it had done was to pay the money borrowed by administrations before him and he has done that
so that the state won’t be in debt after him.
He claimed that his opponents have been imagining that he has borrowed money to be doing all that his administration has achieved in five years, stressing that the truth of the matter is that his government is not indebted to any bank.
His words: “For posterity ,this government is not owing any bank or person any amount except for the bailout fund for which 100 million naira is being deducted from the source monthly. Any subsequent government that comes and says that Rochas borrowed is a criminal one”.