All posts by: RCDIJ

by in Economy, Investigations

Investigations… SEC suspension of Heritage Capital Markets and the untold story

The Securities and Exchange Commission (SEC) had recently informed Nigerians that it had suspended Heritage Capital Markets Limited indefinitely from all capital market activities. The regulator, however, did not tell industry stakeholders and Nigerians in general of the circumstances that led to the action, or how its own internal communications gaps led to what could […]

by in Governance & Policy, Investigations

Investigations…Facts, lies and how Okorocha allegedly corners state resources for self, family (3)

SQUANDERING OF RICHES Okorocha’s ardent critics allege that he is squandering the State’s meagre resources by conceptualizing and abandoning projects. Ripples Nigeria findings show that the criticisms may not be entirely misplaced. It could not be confirmed, however, that the reason for the abandoned projects was to deliberately siphon state funds as alleged by critics. […]

by in Governance & Policy, Investigations

Investigations…Facts, lies and how Okorocha allegedly corners state resources for self, family (2)

Facts and lies ROADS/INFRASTRUCTURE In terms of numbers, Ripples Nigeria investigation showed that Governor Okorocha, indeed, scored good marks in roads development in Owerri and other adjoining cities. The roads include 1st, 2nd, 3rd inland roads, and the ‘tunnels’, among others, that were not in existence prior to his becoming the state governor. Further findings, […]

by in Governance & Policy, Investigations

Investigations… Facts, lies and how Okorocha allegedly corners state assets for self, family (I)

He is hailed, ‘My Governor-My Governor’ by his many admirers. To others, however, Governor Rochas Okorocha of Imo State represents a nightmare, and has been called unprintable names for his seemingly awkward style and approach to governance. And, while his teaming supporters believe he is the only governor aside late Sam Mbakwe to have brought […]

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