The presidency has described the alleged looting of military fund by Col. Sambo Dasuki as alarming and reckless. Dasuki who was the national security adviser is standing trial for four-count charge of money laundering and illegal possession of firearms and was accused of embezzling $2 billion which was meant for the purchase of arms in 2007 to date.

Leadership reports that the presidency was shocked by revelations contained in an interim report on how security funds were looted in the country presented to it by a 13 man committee a week ago. Mr. Femi Adesina who is the special adviser to the president on media and publicity said the result of the reports were worrying considering the fact that the intervention funds were made available during the period when the military fighting insurgency desperately needed ammunition and equipment.

Adeshina said the committee analyzed financial interventions from some organizations provided to the office of the NSA, defence headquarters, army headquarters, naval headquarters and Nigerian air force headquarters, both in local and foreign currencies. He said the report instigated the president’s order that Dasuki be arrested and other persons connected with the transaction.

He said: “So far, the total extra budgetary interventions articulated by the committee is Six Hundred and Forty Three Billion, Eight Hundred and Seventeen Million, Nine Hundred and Fifty Thousand, Eight Hundred and Eighty Five Hundred Naira and Eighteen Kobo (N643,817,955,885.18).

“The foreign currency component is to the tune of Two Billion, One Hundred and Ninety Three Million, Eight Hundred and Fifteen Thousand US Dollars and Eighty Three Cents ($2,193,815,000.83).

“The committee also observed that of 513 contracts awarded at $8,356,525,184.32; N2,189,265,724,404.55 and €54,000.00; Fifty Three (53) were failed contracts amounting to $2,378,939,066.27 andN13,729,342,329.87 respectively.” - See complete story and more at: http://www.exlinklodge.com/2015/11/you-looted-country-too-recklessly.html#sthash.edd4OqwE.dpuf





cc lalasticlala

This our Government sef.... I wonder the type of corruption we are claiming to be fighting in this country....... Instead of gathering evidence and charging him to court for trials and prosecution, you are there "Blasting".... As if your words are Bomb

“The committee also observed that of 513
contracts awarded at $8,356,525,184.32;
N2,189,265,724,404.55 and €54,000.00; Fifty
Three (53) were failed contracts amounting to
$2,378,939,066.27 andN13,729,342,329.87
respectively.”

I just d imagine how helpful and useful this amount of money will be to the people of Swaziland

And this same Dasuki served Under GEJ.

Some people will come here now and say GEJ was a saint.The best thing that has happened to this country

Question is, which ammunition is the Nigerian army using to fight BH, after whch they claim they had no weapons to withstand BH?

GudluckIBB:
And this same Dasuki served Under GEJ.

Some people will come here now and say GEJ was a saint.The best thing that has happened to this country

shhhhh there.. Enof of the complains. Power dey una hand to arrest and jail. Oya arrest and jail na!!! Give us fuel and life!!! Enof of the blame game. Gosh!!!