May God help Nigeria

Nigeria’s lawmaking body, the National Assembly, is entangled in horrid abuse of the nation’s financial regulations, especially in its banking transactions, in the last six years, PREMIUM TIMES can authoritatively report.

Investigation by this newspaper, spanning weeks, revealed that between 2009 and 2015, the management arm of the federal legislature led by the Clerk, Salisu Maikasuwa, his predecessor, Yemi Ogunyomi, and their representatives, extensively violated the Money Laundering Act (2004, 2011) in banking transactions leading to the withdrawals of about N42 billion of public funds.

Some members of the lawmaking arms of the legislature – Senate and the House of Representatives – were also involved in the violation of an Act they laboured for months to enact.

Documents exclusively obtained by PREMIUM TIMES showed that the a huge chunk of the funds were withdrawn at different times in cash from Senate Accounts Numbers 321/212606/1/1/0 and 321/212606/1/1/3; House of Representatives Account Numbers 321/212606/1/1/1 and 321/212606/1/1/2; National Assembly Management Account Number 321/212603/1/1/0; as well as the National Assembly Service Wide vote Account 326/253550/1/1/0 and 326/253525/1/1/0, all domiciled in the Guarantee Trust Bank.

The withdrawals were made without recourse to the Money Laundering Act, 2011 and 2004.

Other huge withdrawals were also made from Account Number 1007323323 domiciled in the United Bank for Africa within the same period.

While a total of N26.69 billion involving 149 beneficiaries was drawn from the GTB accounts, N15.85 billion, involving 222 beneficiaries, was taken out of UBA.


https://www.premiumtimesng.com/investigationspecial-reports/195920-special-report-inside-the-massive-money-laundering-in-nigerias-national-assembly.html

GOD HAVE MERCY O.....

JESUS CHRIST !! #bringbackourmoney!!

Buhari...ride on, I dey your back !!

SAI BUHARI

Moderator pls this should be a from page material

Premium times should go and do investigation about buhari budget and stop trying to divert our attention.


We don't give a cent about NASS let's talk about. #BuharieatYams

See pure criminal actions where was FIU in all this?