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Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala - Politics - Nairaland

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Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by DONSMITH123(m): 2:42pm On Dec 10, 2015
Socio-Economic Rights and Accountability Project (SERAP) has asked former Minister of Finance Ngozi Okonjo Iweala to “apologise to Nigerians for claiming recently that recovered Abacha loot was transparently spent while she knew that $322m (about N63billion) recovered Abacha funds were inappropriately released to finance the fight against Boko Haram.”

SERAP’s statement today followed Mrs Okonjo-Iweala’s confession that she released about $322m to the former National Security Adviser Sambo Dasuki for military operations.

In a statement today by SERAP executive director Adetokunbo Mumuni the organisation said that, “The truth about the spending of Abacha loot is now coming out, and it is clear that Mrs Okonjo-Iweala was wrong to accuse SERAP of bias while she knew that we are simply seeking truth, justice and accountability on the spending of recovered Abacha loot.”

“Mrs Okonjo-Iweala’s approach of ‘no answers, no apology’ on how Abacha loot was spent is doing her reputation more harm than good. We hope that she will take cue from the World Bank (her former employer) when it defined ‘accountability and probity’ as knowing what task has been set, accepting to do it, and going about it with a sense of probity. Probity implying the willingness to self-disclose such information to which a specific stakeholder group has a right as well as tolerance of the scrutiny of such a stakeholder group on information to which they have a right,” the organisation said.

“We therefore urge her to now come out for the sake of millions of Nigerians living in extreme poverty but also of generations as yet unborn and tell Nigerians the whole story about what exactly happened to recovered Abacha loot, as well as publicly apologise for claiming that Abacha loot was transparently spent. She should be willing to be held to account,” the organisation added.

The letter, dated January 20, 2015, which was addressed to former President Goodluck Jonathan, revealed that $322m of Abacha loot was transferred following a January 12, 2015 request by the office of the former National Security Advise Sambo Dasuki for funds for the procurement of arms and ammunition as well as intelligence equipment. The letter reads: “Please find a request by the National Security Adviser (NSA) for the transfer of $300 million and £5.5 million of the recovered Abacha funds to an ONSA [Office of the National Security Adviser] operations account. The NSA has explained that this is to enable the purchase of ammunition, security, and other intelligence equipment for the security agencies in order to enable them fully confront the ongoing Boko Haram threat. His request is sequel to the meeting you chaired with the committee on the use of recovered funds where the decision was made that recovered Abacha funds would be split 50-50 between urgent security needs to confront Boko Haram and development need (including a portion for the Future Generations window of the Sovereign Wealth Fund)”.

It would be recalled that SERAP had raised some questions for Mrs Okonjo-Iweala to answer regarding how Abacha loot was spent.

According to the Bank, ‘Given the weakness of general budget reporting systems at the moment, this decision greatly undermined the opportunity for tracking the returned Abacha funds and analysis of their utilization.’ Nigerians would like Mrs Okonjo-Iweala to explain why this was the case under her watch.”

Cc: lalasticlala

http://www.vanguardngr.com/2015/12/abacha-loot-arms-are-not-roads-electricity-health-serap-tells-okonjo-iweala/

18 Likes

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by OnankpaBa(m): 2:44pm On Dec 10, 2015
“Mrs Okonjo-Iweala’s approach of ‘no answers, no apology’ on how Abacha loot was spent is doing her reputation more harm than good. We hope that she will take cue from the World Bank (her former employer) when it defined ‘accountability and probity’ as knowing what task has been set, accepting to do it, and going about it with a sense of probity. Probity implying the willingness to self-disclose such information to which a specific stakeholder group has a right as well as tolerance of the scrutiny of such a stakeholder group on information to which they have a right,” the organisation said.

“We therefore urge her to now come out for the sake of millions of Nigerians living in extreme poverty but also of generations as yet unborn and tell Nigerians the whole story about what exactly happened to recovered Abacha loot, as well as publicly apologise for claiming that Abacha loot was transparently spent. She should be willing to be held to account,” the organisation added.




I love this part. Okonjo Iweala still has alot to answer to. She should stop making noise and make sure she comes out clean or jail is waiting for her.

75 Likes 3 Shares

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by SLIDEwaxie(m): 2:45pm On Dec 10, 2015
A lame man is a king in the land of the blind!

Now, just close your eyes and imagine how the people from that side will be supporting how that frog eyed biatch spent the dollars with eyes closed to the fact that even in the budget, the govt only gave 13% for over 150million people.

40 Likes 3 Shares

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by OnankpaBa(m): 2:46pm On Dec 10, 2015
SLIDEwaxie:
A lame man is a king in the land of the blind!

Now, just close your eyes and imagine how the people from that side will be supporting how that frog eyed biatch spent the dollars with eyes closed to the fact that even in the budget, the govt only gave 13% for over 150million people.


that woman and Diezani has alot to answer to.

48 Likes

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by DONSMITH123(m): 2:49pm On Dec 10, 2015
SERAP’s statement today followed Mrs Okonjo-Iweala’s confession that she released about $322m to the former National Security Adviser Sambo Dasuki for military operations.

In a statement today by SERAP executive director Adetokunbo Mumuni the organisation said that, “The truth about the spending of Abacha loot is now coming out, and it is clear that Mrs Okonjo-Iweala was wrong to accuse SERAP of bias while she knew that we are simply seeking truth, justice and accountability on the spending of recovered Abacha loot.”



am patiently waiting to see if Madam Economy will come out and tender apology.

29 Likes 3 Shares

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by OnankpaBa(m): 2:53pm On Dec 10, 2015
DONSMITH123:
SERAP’s statement today followed Mrs Okonjo-Iweala’s confession that she released about $322m to the former National Security Adviser Sambo Dasuki for military operations.

In a statement today by SERAP executive director Adetokunbo Mumuni the organisation said that, “The truth about the spending of Abacha loot is now coming out, and it is clear that Mrs Okonjo-Iweala was wrong to accuse SERAP of bias while she knew that we are simply seeking truth, justice and accountability on the spending of recovered Abacha loot.”



am patiently waiting to see if Madam Economy will come out and tender apology.



GEJ girlfriend? GEJ should come out and tell us what happened as well.

20 Likes

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by OsusuMustFlow(f): 2:54pm On Dec 10, 2015
cheesy
Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by oluwaSmith1(f): 2:56pm On Dec 10, 2015
lipsrsealed
Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by DONSMITH123(m): 2:59pm On Dec 10, 2015
grin
OnankpaBa:




GEJ girlfriend? GEJ should come out and tell us what happened as well.

1 Like

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by OnankpaBa(m): 3:00pm On Dec 10, 2015
Pa Chukwudi44 come out here and defend her again.

31 Likes

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by MizMyColi(f): 3:01pm On Dec 10, 2015
Last I checked,
Security is also a basic need.


She said, and I quote
the NSA’s office was to account for the spending to the President who was the Commander in Chief, given the fact that the Minister of Finance is not part of the security architecture and does not participate in the Security Council.

The Onus is now on Dasuki and GEJ to provide evidence on how said funds was appropriated.

Give the woman a breather please.

16 Likes 4 Shares

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by Dannyset(m): 3:01pm On Dec 10, 2015
The money was given to Dasuki just a month to election before it was shifted to March. Now imagine if the money wasn't allocated purposely for the election!

NOI is definitely a thief trying to play smart. But he has forgotten that the more she saves her head, the more she implicate the SACRED JONTHAN.

It's a shame she is part of this mess!

39 Likes 1 Share

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by Texcoco(m): 3:02pm On Dec 10, 2015
Texcoco:
This witchunt has turned into a kangaroo circus or how else can somebody not understand that you need security before you talk about putting infrastructure on ground? So she must apologise to Nigerians for setting her priorities right as far as the people of north east are concerned? How else can that be done without the input of the prime security agency like the NSA on the matter? So if funds released to the NSA by NOI for arms and security is looted by elements of that NSA,how is she culpable in the imbroglio? Was she given a part for her troubles? can any paper trail be linked to her checking account?? Or are all these elaborate but comical attempts at witchunting?

7 Likes

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by dammytosh: 3:03pm On Dec 10, 2015
Okonjo has plenty case to answer.

Bilions of Naira moving out of CBN and NNPC's account like water.


She decieved us that Nigeria is not broke even when we were bleeding

Soludo said over 30Trilion Naira was stolen under her. With all these revelations, we will soon get to that number.

40 Likes 3 Shares

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by Nobody: 3:03pm On Dec 10, 2015
Great
Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by OnankpaBa(m): 3:03pm On Dec 10, 2015
Texcoco:
witchunt....


nooo....Cow-HUNT...

11 Likes 3 Shares

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by olapluto(m): 3:04pm On Dec 10, 2015
Even those arms were not purchased. The money went into PDP's failed reelection bid. I am seriously angry about the mess PDP put this country into. So much money that could have made significant impacts on the lives of average Nigerians.
I am currently crowdfunding for some widows of soldiers killed by BH to have a wonderful Xmas and New year celebration. We are struggling to raise 0.1 million naira, while some people are casually looting TRILLIONS.
God will surely judge them all.

56 Likes 4 Shares

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by SmithEnemona(m): 3:05pm On Dec 10, 2015
SEND HER TO JAIL

6 Likes

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by Reportersgame: 3:05pm On Dec 10, 2015
o seti!!! cheesy
Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by Toeyoursea(m): 3:05pm On Dec 10, 2015
1. The said money was not in the budget (main budget or supplementary budget)
2. The money was paid according to NOI in first week of Febuhari 2015 (in the thick of the election)
3. The military denied any new arms entering their inventory from November 2014 till date (where are the arms)
4. According to a statement released by NOI the money was used for Arms purchase and Completion of infrastructure (where are the completed infrastructures)
5. NOI didn't sign any cheques the same way Fashola didn't sign cheques (She is not guilty until found otherwise)

20 Likes 2 Shares

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by OLUJOSHINS(m): 3:05pm On Dec 10, 2015
9ja
Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by yehmi01(m): 3:05pm On Dec 10, 2015
Who really can we trust then in this country called Nigeria.

if the stolen money that was returned after years of intended hardship can be returned to nigeria and only for it to be stolen again then how are they better than abacha in the first place.

To know that innocent people died for nothing when we had more than enough money to fix our problems.

Its really sad.

And as a nation until we put differences aside and send every body and any body found guilty in this matter to prison then we are not still ready to fight corruption.

If Nigerians won't kill corruption then corruption will kill Nigeria.

So what's the difference between the former petroleum minister and the finance minister.

Today its 13 billion tomorrow its 60 billion next is another million and billion and the ordinary man is going through hardship everyday.

God really can't come down and change Nigeria, I tell people that we have passed the stage of praying for this nation. God has blessed Nigeria already with what most countries don't have and still we make it look like we cant just make any thing work as a nation.

And for the record I think GEJ should by arrested ASAP and other ministers as well.

Stealing is Now Corruption and MR GEJ you have betrayed a lot of us that had trust in you.

Honestly no politician or Goverment offical is to be trusted in Nigeria until proven innocent.

Fashola also saying he does not sign Cheques but moneies can be flying every where under you and none was accounted for as a legitimate expense.

And AIT is been paid by the Department of National Security to run adverts for PDP and he says he also is innocent.

I weep for Nigeria.

26 Likes 2 Shares

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by tomholly: 3:07pm On Dec 10, 2015
Season 1 don Start oooooo. Oya Dr NgoZi reply now

1 Like

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by smemud(m): 3:08pm On Dec 10, 2015
A
Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by LadyExcellency: 3:08pm On Dec 10, 2015
Was Dr Ngozi Iweala the President of Nigeria?

Moreover, Abacha's loot is not only from one country hence the agreement on repatriation from one country is not binding on all recoveries.

2 Likes

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by olapluto(m): 3:08pm On Dec 10, 2015
MizMyColi:
Last I checked,
Security is also a basic need.


She said, and I quote


The Onus is now on Dasuki and GEJ to provide evidence on how said funds was appropriated.

Give the woman a breather please
.
Those who died as a direct result of her misappropriations will never let her rest. They will pursue her till she joins them. FACT.

42 Likes 2 Shares

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by smemud(m): 3:08pm On Dec 10, 2015
MizMyColi:
Last I checked,
Security is also a basic need.


She said, and I quote


The Onus is now on Dasuki and GEJ to provide evidence on how said funds was appropriated.

Give the woman a breather please.
Give which woman a breather and which security are u talking about.U are a prat.May d god thunder strike u for what u wrote,many citizens and soldiers lost the lives while agent of darkness share our money.If u continue defending the looters I only have one prayer for u MAY THE GHOST OF DIED HUNT U AND THE SO CALLED AGENT OF DARKNESS(PDP).

25 Likes

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by blazetitov: 3:08pm On Dec 10, 2015
It is gettin brighter for NOI grin grin grin grin grin grin

On a serious note, this is sad and am SMH for those people still supporting her like she is the best thing to ever happen to this country. She is a big time failure for allowing all these to happen under watch as the so called coordinating minister of the economy and minister of finance. I won't vote for her to run a ministry for local government affairs. All of these revelations put a question mark on her capability and integrity. She should have resigned long time ago.

11 Likes 1 Share

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by 9jatriot(m): 3:10pm On Dec 10, 2015
SERAP, is this the letter you wrote on the 29th of November that you are referring to ?

The Socio-Economic Rights and
Accountability Project (SERAP) has
“received several documents from the
World Bank totalling over 700 pages
on information on the spending of
recovered assets stolen by the late
General Abacha, with some of the
documents suggesting that Abacha loot
was spent on roads, electricity,
education, health and water.”
This information was disclosed by
SERAP executive director, Adetokunbo
Mumuni, in a statement dated
November 29, 2015.
The organisation said, “SERAP can
confirm that last week we received
several documents from Ann May of
the Access to Information Team of the
World Bank following our Access to
Information Request to the Bank. We
also received a letter dated 24
November 2015 from Mr. Rachid
Benmessaoud, Director of the World
Bank in Africa.”
“In total, SERAP has received over 700
pages of documents, which we are now
closely studying and scrutinising with a
view to discovering whether the
documents contain details that
Nigerians would like to see and
whether the information correspond to
the facts on the ground. After this
analysis, we will respond to the Bank
and consider our options, including
filing an appeal before the Bank’s
Access to Information Appeals Board
and taking other appropriate legal
actions nationally and internationally
to discover what exactly happened to
Abacha recovered loot,” the
organisation said.
The organisation said that “In the
meantime our preliminary review of
some of the documents and the letter
from Mr Rachid Benmessaoud have
revealed certain facts which raise more
questions about what exactly happened
to Abacha loot: First, that Mrs. Ngozi
Okonjo-Iweala as Minister of Finance
in a letter dated 9 January 2005
explained to the Bank that around
$500m (N65bn) of Abacha loot received
from Switzerland was programmed
into and spent in the 2004 and 2005
budgets on roads, electricity, education,
water and health across all 6 geo-
political zones of Nigeria.”
“Second, Mrs. Okonjo-Iweala explained to the Bank
that N18.60bn was spent on roads; N10.83bn spent
on health; N7bn spent on education; N6.20bn spent
on water; and N21.70bn spent on electricity. She
also said that part of the funds were spent on new
and ongoing investment projects. Mrs. Okonjo-Iweala
said that relevant federal ministries have the full
details on the spending of repatriated Abacha loot.
The Bank noted that there was no funds monitoring
and tracking mechanism in place to trace the
spending of Abacha loot,” the organisation also
disclosed.
“Third, Mr Rachid Benmessaoud confirmed that the
World Bank played a monitoring role in a return of
assets by Switzerland but that the Bank is not
currently involved in the monitoring of spending of
Abacha loot that have been returned to Nigeria in
recent years. He said that the Bank would be
prepared to set up a mechanism to monitor the use
of Abacha loot if the Nigerian government requests
the Bank’s assistance in this respect.”
“Given Mrs. Okonjo-Iweala’s involvement in the
spending of Abacha loot, SERAP calls on President
Muhammadu Buhari to urgently probe the role of
the Ministry of Finance and relevant federal
ministries at the time in the spending of Abacha loot
particularly given the strong allegations of
mismanagement that characterised the use of the
funds,” the organisation said.
“Although Mrs Okonjo-Iweala said that Abacha loot
was spent in the 2004 and 2005 budgets on roads,
electricity, education, water and health across all 6
geo-political zones of Nigeria, there is no evidence of
such projects as millions of Nigerians continue to
travel on dead roads, while they continue to lack
access to adequate electricity supply, water, health
and quality education. Therefore, President Buhari
can no longer continue to remain silent on this issue
of public interest if Nigerians are to continue to trust
him in his fight against corruption,” the organisation
also said.
It would be recalled that in a letter dated October 15,
2015 and signed by Ann May of the Access to
Information Team, the Bank said that “In response to
your request under AI3982, we would like to inform
you that we are still considering your request and
need additional time to provide you with a more
comprehensive response.”
The letter reads in part “In most cases, we will be
able to respond within twenty (20) working days
from receipt of a request for information. However,
we may need additional time in special
circumstances, for example, if the request is complex
or voluminous or if it requires further review by or
consultation with internal World Bank units, external
parties, the Access to Information Committee, or the
World Bank’s Board of Executive Directors.”
Earlier, SERAP had on September 21, 2015 sent an
access to information request to Jim Yong Kim,
President, World Bank Group urging him to “exercise
the Bank’s prerogative to release documents relating
to spending of recovered assets stolen by Late
General Sani Abacha”.
The group also asked Mr. Yong Kim to “disclose
information about the Bank’s role in the
implementation of any projects funded by the
recovered assets and any other on-going repatriation
initiatives on Nigeria with which the Bank is
engaged.”
The request was “pursuant to the World Bank’s
Access to Information Policy (The Policy), approved
by the Board on June 30 205. SERAP notes that one of
the Policy’s guiding principles is to maximize access
to information. There is also clear public interest in
Nigerians knowing about the Bank’s supervisory role
and specifically its involvement in the
implementation of projects on which repatriated
funds were spent.


http://www.premiumtimesng.com/news/top-news/194077-abacha-loot-spent-on-roads-electricity-others-okonjo-iweala-tells-world-bank.html?utm_source=&utm_medium=twitter
Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by sochima1989(m): 3:10pm On Dec 10, 2015
Okpolo eye no be open eye.....
World bank will di nigeria no good than lend you money to control your economy

2 Likes 1 Share

Re: Abacha Loot: Arms Are Not Roads, Electricity, Health, SERAP Tells Okonjo-iweala by MizMyColi(f): 3:10pm On Dec 10, 2015
olapluto:

Those who died as a direct result of her misappropriations will never let her rest. They will pursue her till she joins them. FACT.

In my opinion, in the light of the evidence I've seen?
The blame is not on her.

Dasuki should answer. GEJ should answer too.
Except of course, you naturally hate her and want to see her go down.

Good Luck with that.

5 Likes

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