http://saharareporters.com/2015/12/01/arms-contract-scandal-senator-saraki-blackmailed-cbn-officials-pay-n250-million-hush

According to the document, in third week of February 2015 the former NSA requested for $250 million from the CBN, but got $200 million. In the fourth week of February, the NSA put in a request for $150 million but received $125 million.

In the first week of March 2015, with Nigeria’s postponed elections a few weeks away, the NSA made a request for another $250 million, but only got $204 million. In the second week of March, Mr. Dasuki again called for $250 million, but the CBN provided $104 million and N3 billion.

According to the whistleblower, Abbas Umar Masanawa who was appointed as the Executive Director in charge of Finance and Strategy at the Nigerian Minting Company by the Central Bank Governor, Godwin Emefiele as soon as he resumed as CBN governor in 2014 played a major role.

Our source said Mr. Abbas then oversaw “the printing of an unprecedented amount of naira by the Mint,” adding “the printed cash was passed on to President Jonathan.” Masanawa was key aide of Mr. Emefiele while he was the MD of Zenith Bank before he got appointed to the Mint.

The source told SaharaReporters that Mr. Jonathan and former NSA Dasuki withdrew close to $600 million from the Central Bank of Nigeria within a period of three to four weeks. He said the funds were mostly used for election purposes.

TheCable alleged that a Nigerian senator, on learning about the illegal withdrawals, threatened CBN officials that he would reveal the questionable payments unless they gave him N5 billion. The site, which did not name the senator in question, stated that he was now a principal officer of the Senate.

But a source at the Nigerian Presidency told SaharaReporters that the person in question was then Senator Bukola Saraki, who is now Senate President.

Although TheCable did not disclose if the senator got paid the hush funds or not, SaharaReporters learned that, as recently as May 2015, Mr. Saraki received N250 million from CBN officials.

The cash transfer was deemed part of the hush payment to ensure that Mr. Saraki keep quiet about the questionable withdrawals ostensibly meant for arms purchases.

SaharaReporters has learned that Senate President Bukola Saraki blackmailed officials of the Central Bank of Nigeria (CBN) to hand him N250 million as “hush” funds after the senator had found out that ex-President Goodluck Jonathan had illicitly approved N60 billion for the former National Security Advisor (NSA), Sambo Dasuki, to purchase “arms.”


A source, who is a senior CBN official, disclosed that bank officials paid the sum to Mr. Saraki, who was not the Senate President at the time, to ensure that he and other senators kept silent about the irregular withdrawals by the NSA and the Jonathan administration.

The PDP is such an EVIL Party, looting this country like evil bandits. The Senate President MUST step down after this revelation if it is true!!!

end time people

citizenisb:
The PDP is such an EVIL Party, looting this country like evil bandits. The Senate President MUST step down after this revelation if it is true!!!

Funny.... Because, it seems most of the looters are now in APC. Who are the bandits now?

sahara reporters,okay...vivian gist pls confirm if it is true

If Jonathan did the right thing, he would not have even needed to print 1 dollar. They printed so much illegal money and this is why our currency is falling. NOT because of the present administration. Saraki the blackmailer, I hail. You have mind.

.

With the current spate of things happening in this our country, its either Buhari is having Badluck or He is absolutely dull.!

citizenisb:
The PDP is such an EVIL Party, looting this country like evil bandits. The Senate President MUST step down after this revelation if it is true!!!

pdpevil party yes, more evil than apc, No no no! Apc is Demon personified.

RUBBISH...... Who takes Sahara reporters serious these days..... SR mouth piece of Jagagban, Tinubu cannot still come to terms that SARAKI is the Senate president

citizenisb:
SaharaReporters has learned that Senate President Bukola Saraki blackmailed officials of the Central Bank of Nigeria (CBN) to hand him N250 million as “hush” funds after the senator had found out that ex-President Goodluck Jonathan had illicitly approved N60 billion for the former National Security Advisor (NSA), Sambo Dasuki, to purchase “arms.”


A source, who is a senior CBN official, disclosed that bank officials paid the sum to Mr. Saraki, who was not the Senate President at the time, to ensure that he and other senators kept silent about the irregular withdrawals by the NSA and the Jonathan administration.

Can you see the bbbbiiiigg faaat lllllliiiieee

hope this is true ooi

Why is Saraki's image always surrounded with negative news? Obviously this man's hand is not clean, whether this news is fake or not. Little wonder why he is tenaciously holding on to this his position with all his might, cos it's the only thing protecting and saving him from going to jail.


*mycandidopinion*

Saraki may God help you, everything around you is corrupt.

As things dey go APC go soon die on top GEJ matter

Front page please

Why didn't you people report it long ago,why now that the deeds have been done.

Okokobioko oooooo

Following

yawa don gas!

AwiLand:
RUBBISH...... Who takes Sahara reporters serious these days.....

I do

D tym wey dis people take dey generate dis figures and reports, dem for don use am either correct some of these so called wrongs or even go court since dem get all d so-called facts. ..

These guys didn't get a four year term to have committees with GEJ hanging on their lips and nothing more.

The pessimism in today's government is drowning investors courage in a pool of uncertainty, the political state of instability is neither helping us as a nation.

PMB should sit up, he now wails more than the bereaved. He hasn't been in any fuel queue of recent, his family members don't die of bomb attacks, he hasn't got businesses that are shut down on daily basis for one protest or the other, he doesn't also know that sending money to fund children's school fees have been hit badly by devaluation and critical inflation.

If it takes 6 months or more to complain of the errant and ousted government it might take a tenure to resolve on what policy direction must be plied to ensure appropriate restructuring.

This story

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