thefakestan:
I cant believe that going through the entire comments on Nairaland only 2 reasonable persons could see this is a rooster and bull story.


2 trillion naira! Out of a budget of about 4.5 trillion naira

2ndly those talking about voters inducement, is it new to you?

Thirdly anytime they write such nonsense its always from a "reliable" source abi na sauce, banga sauce ort pepper soup sauce.

Lastly the report always ends with all calls put through to Mr. A or B didnt go through or didnt respond to text messages, one wonders why they couldnt wait to confirm the story before publishing.

wait till after may 29th, this is just season one of the journey of Jona

People don't read news with their brains in Nigeria - especially those news that feed their bias!

How were they moving the trillions of naira in the country and there is no inflation yet? How were they moving $10 billion?

The guy that got $150m and went back for $20m - how did he move this cash? $150m is equivalent of N3 billion naira and that is about one or two trailer loads of N1,000 notes! Na so e easy to dey carry cash around?

Now if this happened all over the country, which transport company carried all these cash? The CBN controls the inflow of dollars into the country including those that eventually find their way to the black market through Bureau de Change. Which Bureau de Change converted the monies from dollars to cash? How much dutch auction has CBN sold to BDCs in the last 12 months? How much are all the BDCs themselves worth?

Did they wire these monies through banks?

Of course Jonathan and PDP must have spent a lot of money but these figures are too incredible! They must have been exaggerated!

asadike:
What! Pekele pekele, arugbo je gbese, ta lo san? I have always known that jonathan's cabinet is filled with betrayers. people that don't give a hoot about him. Some wished him failure albeit secretly, while some were for buhari and pretending to work for uncle joe at d same time. The hand writing was written all over d wall, but uncle joe is just too trusting too notice.

/
It is not betrayal.

What planet is Jonathan living?

There is no love in Nigeria as far as politics is concerned.

People are in it to make money and that's why the are called AGIP.

Apparently he is not a good student of history.

Jonathan betrayed himself and Nigerians.
\

dondo83:
if this figures can be proven then Gej has to go to jail. See them calling figures like its monopoly money they are spending

go skool u will nt,then listen to news so dt u will update urself and b current u will nt
Dis money is nt a govt money
Nothing concern Govt wit dt money
It is called Fund-Raise
It is a money individual including members of PDP raised for d campaing like APC and other Political Parties
Is Pdp is asking for d money since they didn't use it

That's human for you, you guys hold that kind of money when many are suffering in street,....well life goes on,

asadike:
What! Pekele pekele, arugbo je gbese, ta lo san? I have always known that jonathan's cabinet is filled with betrayers. people that don't give a hoot about him. Some wished him failure albeit secretly, while some were for buhari and pretending to work for uncle joe at d same time. The hand writing was written all over d wall, but uncle joe is just too trusting too notice.

Hmmmm. They thought Good luck would win but he didn't. No more free Olore tin.Refund the money. Yopi Yopi CSS tinz

silami:
Following the defeat suffered by President Goodluck Jonathan and his party, the Peoples Democratic Party, during the March 28 and April 11 elections, the President has asked the party and government officials who handled campaign funds to refund monies not spent, or those not judiciously expended, SUNDAY PUNCH can authoritatively report.

Jonathan, credible sources said, has also set up a committee of five to get those with the funds to return them.

Sources within the party and government told our correspondents that President Jonathan was disturbed that despite giving campaign coordinators, ministers, special advisers, close aides and friends, support groups and traditional rulers over N2trn in cash, most of them could not deliver their polling booths and local governments.

The President was said to have been further irked by the results of an investigation he ordered. The probe showed that some coordinators used campaign funds to buy very expensive properties, especially in Abuja, and luxury cars. Some of the funds have also been traced to the bank accounts of senior party and government officials who were charged with the disbursement of funds to voters and groups.

A reliable source within the Presidency told our correspondents that one of the President, who recently admitted to a few close aides that it would be difficult to retrieve all the funds, was bent on getting senior party and government officials who received funds to account for all monies collected.

The source who is a close associate of the president said monies given to traditional rulers in different parts of the country, for example, would not be demanded for. But the source was quick to add that the President was determined to get his ministers, close aides and special advisers to make refunds.

He said, “Some ministers did not get less than N20bn each. None of them can deny it because this fact isn’t hidden within government circles. The only problem with such monies is that there is no receipt to show that they collected money. The sad part is that almost all of them performed woefully. Even in the states where the PDP won, some ministers could not deliver 100,000 votes. They could not mobilise their people to come out. The President is not happy. They all went property and car shopping. This was the most expensive election in the history of this country, yet there was no result.

“The sad part was that even after the President lost on March 28, more money was given to all of them to make up for the dismal outing by winning their states during the April 11 elections. But that turned out to be a bad decision because apart from losing the governorship election, we didn’t perform well at the National Assembly and House of Representatives polls.

“They must give an account of the money since they didn’t use it for the election. The President is not particular about the funds spent on genuine campaign needs like the hiring of jets, advertisements and the rest that also cost billions of naira. His focus is on the individuals that collected billions to deliver their states but couldn’t even win their polling booths.”

Our correspondents gathered that apart from the N20bn given to some key ministers and senior special advisers, especially in states where the PDP hoped to capture from the opposition All Progressives Congress, some pro-Jonathan support groups received about N16bn.

A former legislator who was to print five million recharge cards, T-shirts and base ball caps has also come under pressure to account for the billions she received because only a few people got the items she was paid to produce. Also, a top female politician in Lagos who got a contract to produce and supply thousands of mobile phones with pro-Jonathan messages was said to have produced just a few and pocketed most of the funds.

It was learnt that the funds Jonathan released were disbursed in three phases. Some were released before the March 28 elections, others on the day of the presidential election and more before the April 11 governorship polls.

Already, the committee of five has started asking some of the campaign coordinators and ministers who received a minimum of N20bn each to give an account and also refund residual funds where applicable.

However, our correspondents learnt that most of the people who received the funds had not cooperated with the committee. While some have not been forthcoming, others have simply ignored the committee.

Jonathan is said to be particularly focusing on the South-West and northern states.

In Lagos, a popular PDP chieftain who lost in his polling booth reportedly received $50m in cash a few days before the governorship elections.

A senior PDP party member who spoke to one of our correspondents in Lagos over the weekend confirmed the cash splurge in Lagos.

The source said, “Lagos was a show of shame. A few days to the governorship poll, about $150m was received in cash by about five top campaign coordinators. But they failed again, even more than we did in the presidential poll because we lost some areas we won on March 28 to the APC on April 11. They were to share this money to the local governments and the masses.

“Please understand me, I am saying that the sum of $150m was just for the governorship election in Lagos. We are not talking about the sums they got for the presidential election. Only one out of the five people that shared the money gave some of it to local government chairmen. This person disbursed about N2bn. The rest of them sat on the money.

“The coordinator that collected the sum of $50m later went to a Federal Government agency and complained of not having enough funds for the election and got an additional $20m. The story is the same in almost all the South-West especially Oyo, Osun, and the northern states. A female minister from the North, who got the highest amount of funds for that region, lost her state in a shameful manner.”

Confirming that campaign directors in different parts of the country had been asked for an audit, the PDP Campaign Director in Akwa Ibom, Mr. Idongesit Nkanga, said the instruction was not new.

He stated that the PDP’s campaign organisation in the state had concluded its audit.

“It is the normal thing. It is the right thing to do for transparency’s sake,” he said.

Nkanga said he would not be able to comment on the refund because he did not collect money from anyone.

According to him, the PDP’s campaign organisation in Akwa Ibom State received a letter for an audit from the PDP campaign headquarters.

He explained that “because the letter emanated from the national headquarters of the party, they were under obligation to submit the audit report about the campaign’s expenditure to them.”

He maintained that at the campaign headquarters, some of the information was available, adding that he would not be able to give SUNDAY PUNCH accurate details offhand to avoid possible conflict in the figures.

Asked what sanctions would be meted out to defaulters, Nkanga said they might be prosecuted.

However, our correspondent reports that prosecution, while not impossible, may be difficult as most of the monies disbursed were not receipted.

Contacted, the national leadership of the ruling PDP said it did not know anything about the money spent on its presidential campaign.

National Publicity Secretary of the party, Mr. Olisa Metuh, stated this in an interview with one of our correspondents in Abuja on Saturday.

Metuh said only those put in charge of the funds were in a position to account for the monies.

He said, “The national leadership of the PDP is not aware of any campaign fund. We were not part of it and therefore we can’t be asked to account for what we didn’t know anything about.

“There was a campaign committee and only the committee is in the position to account for any fund.”

Efforts made to speak with the Director-General of the PDP Presidential Campaign Organisation, Sen. Ahmadu Ali were unsuccessful.

Ali, a former national chairman of the party, did not pick his call and also failed to respond to a text message sent to him.

Similarly, efforts to get the Presidency’s reaction did not yield any result as calls made to the telephone line of the presidential spokesman, Reuben Abati, as at 10.30pm did not connect.http://www.punchng.com/news/jonathan-demands-n2trn-election-funds-refund-audit/

in response to the above the, find below :

Jonathan denies spending N2trn on
April elections, campaigns
on april 19, 2015 at 7:53 pm in news
Facebook Share Twitter Share
By Adekunle Aliyu


The Presidency has denied that it spent N2
trillion on April 19 election according to a media
report not Vanguard.

The Presidency through Reuben Abati, Special
Adviser to the President Media and Publicity,
made this statement on Sunady.
The statement read thus
The front-page story of the Sunday Punch of
April 19 alleging that the Presidency spent a
whopping N2 trillion on the 2015 General
elections, and that a Committee of Five has
been set up by President Jonathan to conduct an
audit on how the funds were disbursed by party
members and state officials is mischievous, false
and embarrassing.

The President has not set up any committee as
alleged in that story. It is also not true that the
Presidency and the Peoples Democratic Party
used state funds, or spent N2 trillion during the
campaigns. The innuendoes are wrong-headed;
the motives behind the story are suspicious.
The story alleges, for example, that the
Presidency spent N2trillion on elections and
embarked on a money-sharing spree to party
members, support groups and state officials.
The authors of the story and their self-
appointed megaphones further insinuate that
public funds were deployed in this regard. Their
allegation of a theft of public funds is extremely
malicious.

How much is the budget of the Federal
Government of Nigeria? The annual budget of
the Federal Government is a little over N4
trillion. The story is practically suggesting that
half of the federal budget was spent on
elections. This kind of reckless insinuation is
meant to incite the public and instigate national
crisis.

With FAAC having to do everything possible
every month to ensure disbursements and with
the Federal Government heavily committed to
the war against terror in the North East, where
is the alleged N2 trillion from the Federal purse?
President Jonathan and the People’s Democratic
Party conducted the 2015 elections in strict
accordance with the rule of law. The suggestion
of any unlawful conduct cannot be sustained
under any circumstances.

President Jonathan has done his best to protect
and strengthen democracy and promote peace.
He justly deserves all the accolades that he has
received from both Nigerians and the
international community for this. Certain
persons and interest groups may not be happy
that his profile has further risen and that his
legacy is assured; but they do their country
gross disservice when they act so unpatriotically.
Anyone who is engaged in imposing a crisis on
the country by any means is not being fair to
Nigeria. We can only appeal to the public to be
wary of such reckless tactics now on display,
which form the substance of an odd, malicious
campaign after the elections.

We are particularly worried that since the March
28 and April 11 elections, some persons have
continued to work very hard to diminish the
Jonathan Presidency. They need to be reminded
that the time for politics is over; it is now time
to focus on the in-coming government, with
emphasis on national development and moving
the country forward.

Scholes007:
what money are you talking about? do you know what 3tr is for someone to steal without a trace

What is "without a trace?" U can never steal without a trace. That's why we know the likely amounts. We know OBJ signed off $16bn for "power revolution" without giving us a single megawatt and also $4.5bn "railway infrastructure " without installing a single railway line. Even Yar'Adua spoke of those figures when he assumed power. The amounts were released with Senate approval. Sanusi saw the trace, he raised an alarm and was fired. Barth Nnaji saw the trace of billions of dollars in the power sector raised alarm and was fired. We know they steal and we know the amounts. They try coded games but traces are left. Constitution offers them immunity so u can do nothing while in power. My brother, lets not hero-worship Jonathan. He allowed his subjects to steal big time. He uselessed this country.

OilGas:


What is "without a trace?" U can never steal without a trace. That's why we know the likely amounts. We know OBJ signed off $16bn for "power revolution" without giving us a single megawatt and also $4.5bn "railway infrastructure " without installing a single railway line. Even Yar'Adua spoke of those figures when he assumed power. The amounts were released with Senate approval. Sanusi saw the trace, he raised an alarm and was fired. Barth Nnaji saw the trace of billions of dollars in the power sector raised alarm and was fired. We know they steal and we know the amounts. They try coded games but traces are left. Constitution offers them immunity so u can do nothing while in power. My brother, lets not hero-worship Jonathan. He allowed his subjects to steal big time. He uselessed this country.

then they should prove that he stole not just writing trash to claim nonsense ...GEJ the HERO of our democracy... *simple*

Scholes007:

then they should prove that he stole not just writing trash to claim nonsense ...GEJ the HERO of our democracy... *simple*

Hihi. His immunity will soon end then details will come out. But as for PUNCH, u can't blame them. They can't always report with proof. They have no access to some facts.

Just imagine, money that was meant for Nigerians was been shared by agberos.
GMB make sure GEJ tell Nigerians where he got the money from and must be prosecuted.
Ole lasan lasan.

Asuokaa:


What! U just quoted a yoruba proverb...I don't even knw how to do so

it means: Peklee, Peklee, old woman owe debt, who go pay am?

mikron:
honestly im ashamed to be from the same state with GEJ at this time, N2 trillion? with the recent exchange rate of the dollar to the naira that should come to $10 whooping billion D. recall $700m was found in diezani's house recently and when asked she cleverly said she is keeping the money for GEJ? no wonder our external reserves fell from $36b to $34b last month, these thieves are busy withdrawing from our revered foreign external reserve just for these electoral campaign selfish purpose? and here we re crying over the poor state of our power sector in the midst of plenty, and who will give out money for anything without having the reveiver sign for such monies baffles me, if na me i go deny say u give me money na. i pity GEJ. Buhari should do the needful, in spite of any gentlemanly agreement. JAIL, JAIL, JAILLLLLLL THEM ALL

what has reserve gat to do with this.
pls, go make proper findings.

Nigerian a place where many know less and say more.

how much was in our excess crude oil account before 2015?

If u wanna nail someone, do with facts but perception.



N2tr!

Seriallinks:






LWTMB , I must look and laugh, I must look and laugh...~!

Buzugee, I greet you my kind sire. I have been residing in the Valley of Dry Bones ! I'm back bruv!

hehe my bros welcome back. trust you had a great weekend

ona do propaganda against GEJ make em loose election OK fine and done many fell for it and now they successfully removed him from power but still ona de propaganda dis same GEJ. ona no go live d man make em rest Abi e get watin APshit and it deceitful followers de find.



well as for me and my family.

sky blue is my colour
PDP is my party
mancity is my club
GEJ my hero
FAYOSE my role model

I better dine with d devil and feel comfortable
than with an angel con de parnick


if u like quote me and death is urs

Igwezeugo:
go skool u will nt,then listen to news so dt u will update urself and b current u will nt
Dis money is nt a govt money
Nothing concern Govt wit dt money
It is called Fund-Raise
It is a money individual including members of PDP raised for d campaing like APC and other Political Parties
Is Pdp is asking for d money since they didn't use it

You just displayed foolishness mr igwe, its an irony that the self proclaimed literate like you cant even type a single sentence without making an error. They did fund raising and we heard the figure they got was 5billion naira. The figure in this news is 2trillion ! i know you probably haven't seen 10million cash in your lifetime so let me break it down to you.. 1000 billion makes 1 trillion . so the difference between 5Billion and 2trillion is 1995billion naira

[quote
author=asadike post=32873553]What! Pekele pekele, arugbo je gbese, ta
lo san? [/quote]

For an Anambra babe, you try die? but na ..ta nio san?

meaning...who go pay am?

kai nawa oooo...c moneyyyy....2trillion? :okai nawa oooo...c moneyyyy....2trillion?

kai nawa oooo...c moneyyyy....2trillion? :

Jibola10:
hi, ur face looks familiar, is dis mariam henhy

Yes it’s mariam......lol
U still recognize me for here? Nana o