Financial Scandal Rocks Imo Transport Company, ITC, Over Diversion of IGR Running Into Millions of Naira
By Okey Alozie
Looting allegations and diversion of internally generated revenue by the outgoing rescue mission government of Imo State has continued to make waves in pages of Newspapers especially the local tabloids of Imo State.
This time around the management of Imo Transport Company (ITC) is said to be under fire again over the alleged diversion of internally generated revenue from the establishment.
Information has it that the Commissioner For Transport, Chief Lasbrey Okaforanyanwu purportedly dissolved the legally recognized registered governing body of Taximo franchise multi-purpose cooperative society limited for his own hand-picked committee to take over the branding. Registration and fleeting of cars chargingN60,000 per vehicle and it was alleged that over 600 Taximo and 800 Busimo vehicles, totalingN840,000,000 (N8B) was alleged to have been diverted by the management.
We gathered that those who refused to surrender their vehicles to the committee for branding and fleeting were said to have been forced to pay N110,000 as penalty.
Report revealed that prior to the coming of the commissioners gang of committee between Nov 2017 to February 2018 when the commissioner and had not started the diversion, the governing body of the corporative society was able to remit up to N5m monthly revenue to government of Imo State through IGR account with Fidelity Bank Plc. The daily sales of ticket was also said not be accounted for properly rather after collecting ticket money from Bus and Taxi drivers the committee was alleged to diver the money to private pockets.
The transport commissioner in a chart with our reporter recently denied all the said allegations.
Some of the workers of ITC especially the drivers have complained bitterly on how things have been turned upside down there.
The drivers are now calling on the authority to probe the management of ITC on the funds realized so far.