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Exposed: Rot in Imo State Investment Promotion Agency, as retiree Accountant refuses to hand over

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…Remains signatory to Agency account one year after retirement

…Appoints cashier, other senior staff without authorisation

Imo State Investment Promotion Agency (ISIPA), led by it’s Director General, Dr Jude Nzeakor is in a mess over allegations of fraud, miss-management, sharp practices, abuse of office and disobedience to laid down rules and procedures.

This is even as Mr. Alloyius Okolie who retired as an accountant of the Agency since May 2020, a year ago, continued to hold sway as the accountant of the agency and a signatory to the agency’s account. . IMO Breaking News has gathered.

It was also alledged that Mr. Alloysius Okolie who should have proceeded on retirement a year ago continued to abuse civil service rules by jettisoning laid down civil service rules to reject authorized staff posted to the agency from the ministry of finance to employ top officials, including a cashier whom he made a signatory to Agency’s account. IMO Breaking News reports.

A letter uptained by Imo Breaking News and signed by the Permanent Secretary, Ministry of Finance, Mr. Chikezie Moses, revealed that the Imo State Investment Promotion Agency (ISIPA) refused to honour the posting of new accountants from the Imo State Ministry of Finance to replace Mr. Alloysius Okolie on who retired as the accountant of the ministry since May 2020.

The letter informed the Imo State Investment Promotion Agency (ISIPA), that the posting of accounting officers whom the Agency rejected was a normal posting of Accountants and Accounting officers which was done at the instance of the Commissioner for Finance.

The letter alleged that the Imo State Investment Promotion Agency (ISIPA) led by Nzeakor, imployed a staff and made him cashier and signatory of the Government agency account same day of employment against government laid down rules.

It directed the Agency to implement the posting order involving new Accountants from the Ministry of Finance and do away with Mr. Alloysius Okolie who retired as the accountant of the ministry since May 2020.

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