Obiano left N400 million cash and over N100 billion in debt – Soludo


The new governor of Anambra State, Prof. Charles Soludo on Tuesday opened up on the state of the state which he took over from Mr Willie Obiano, saying he met a paltry sum of 300 to 400 million in coffers of the State government.

Soludo according to a report by Sun News also noted that his barely one week administration inherited debts and liability running in billions.

The ex-governor has been arrested by the Economic and Financial Crimes Commission (EFCC) in connection with unaccounted N42 billion.

The revelation from Soludo comes after the Economic and Financial Crimes (EFCC) recently arrested former Governor Willie Obiano at Murtala Muhammed International Airport, Lagos.

‘First, in terms of finances, there is an audited account of Anambra as at December 31, 2021, which is a public document which anyone can access. Between the audited accounts as at the end of the year 2021, everyone knows that the state finances are not quite robust. In terms of debt, it is in the range of over N100 billion and then cash at which the state has is N300 or N400 million, but we are still going to have all the reconciliations and all the accounts from January to the date we had the handover,’ he revealed.


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