Lawyer Lists Financial Sins Of Rivers State Sole Administrator, Retired Vice Admiral Ibok-Ete Ibas, For Prosecution

<h4>Lawyer Lists Financial Sins Of Rivers State Sole Administrator<&sol;h4>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that civil rights activist and lawyer&comma; Deji Adeyanju&comma; has listed the financial sins of Retired Vice Admiral Ibok-Ete Ibas who recently served as Rivers State Sole Administrator&period;<&sol;p>&NewLine;<p>To that effect&comma; the Independent Corrupt Practices and Other Related Offences Commission has confirmed receiving a petition demanding a probe into the handling of <a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">Rivers State<&sol;a> federal allocations by the state’s immediate past Sole Administrator&period;<&sol;p>&NewLine;<p>The petition&comma; filed by Deji Adeyanju&comma; came days after Ibas ended his administration of the state on September 18&period;<br &sol;>&NewLine;Speaking on Thursday in Abuja&comma; <a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">ICPC<&sol;a> spokesperson&comma; Demola Bakare&comma; confirmed receipt of the petition&comma; noting that it had been forwarded to the commission’s legal department for review&period;<&sol;p>&NewLine;<p><em><strong>&OpenCurlyDoubleQuote;Yes&comma; we have received the petition and will look at its merit&period; It has a process&period; We receive it at the registry&comma; the chairman gets it&comma; and he forwards it for a legal opinion&comma;”<&sol;strong><&sol;em> he said&period;<&sol;p>&NewLine;<p>Adeyanju’s September 23&comma; 2025&comma; petition was titled <em><strong>&OpenCurlyDoubleQuote;Petition for the investigation into the financial expenditure of Vice Admiral Ibok-Ete Ekwe Ibas &lpar;retd&period;&rpar;&comma; former Sole Administrator of Rivers State&period;”<&sol;strong><&sol;em><&sol;p>&NewLine;<p>The activist urged the ICPC to urgently investigate Ibas’s financial activities during his administration between March 18 and September 17&comma; 2025&period;<&sol;p>&NewLine;<p>Quoting official data from the Office of the Accountant General of the Federation&comma; Adeyanju claimed that Rivers State under Ibas’s control received a total of <a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">N283&period;3bn&comma;<&sol;a> excluding Internally Generated Revenue&period;<&sol;p>&NewLine;<p>He explained that the figure comprised N36&period;6bn in local government allocations for January and February 2025&comma; which had previously been withheld&comma; and N246&period;7bn in state and local government allocations between March and June 2025&period;<&sol;p>&NewLine;<p>Despite these massive inflows&comma; Adeyanju alleged that there was little or no evidence of tangible development carried out by the administration&period;<&sol;p>&NewLine;<p><em><strong>&OpenCurlyDoubleQuote;Aside from the cosmetic renovation and painting of the Rivers State House of Assembly complex&comma; the people of Rivers State saw no tangible projects or developmental efforts to justify the expenditure of such colossal sums&comma;”<&sol;strong><&sol;em> the petition stated&period;<&sol;p>&NewLine;<p>It also accused the administration of failing to publish the mandatory budget performance reports for the second quarter of 2025&comma; while faulting Ibas’s position that he was only answerable to the President and the National Assembly&period;<&sol;p>&NewLine;<p><em><strong>&OpenCurlyDoubleQuote;Disturbingly&comma; the administration under Ibas failed to publish the mandatory budget performance reports for the second quarter of 2025&period;<&sol;strong><&sol;em><&sol;p>&NewLine;<p><em><strong>&OpenCurlyDoubleQuote;Equally troubling are recent statements credited to him&comma; dismissing the authority of the Rivers State House of Assembly to probe his financial conduct&period; He insists that because he was appointed by the President and supervised by the National Assembly&comma; he was only answerable to the President and the National Assembly&comma;”<&sol;strong><&sol;em> Adeyanju stated&period;<&sol;p>&NewLine;<p>The activist urged the ICPC to ascertain how the funds were applied&comma; investigate possible acts of misappropriation or abuse of <a href&equals;"https&colon;&sol;&sol;punchng&period;com&sol;">office<&sol;a>&comma; and hold Ibas accountable if wrongdoing is established&period;<&sol;p>&NewLine;<p><em><strong>&OpenCurlyDoubleQuote;We trust in the commission’s mandate and commitment to combating corruption and safeguarding public resources&comma; and we respectfully urge you to give this petition urgent attention&comma;”<&sol;strong><&sol;em> he stated&period;<&sol;p>&NewLine;