Fresh trouble is brewing for the presidential candidate of the Action Congress of Nigeria (ACN), Malla Nuhu Ribadu, as the House of Representatives resolved to probe a ‘missing’ N20 billion recovered from former Inspector General of Police (IGP), Mr. Tafa Balogun after his trial for graft.

Ribadu was calling the shots at the Economic and Financial Crimes Commission (EFCC) when the ex-IGP was arrested, tried and jailed for corrupt practices. Upon conviction, Balogun entered into a plea-bargaining to return part of the money traced to him as a ransom for his freedom.
The case of the missing money surfaced yesterday at the plenary during the debate for a bill for an act to establish the Nigeria Police Reform Fund and for matters connected therewith, 2010.

Sponsored by the executive, the Bill was introduced by the House Leader, Tunde Akogun, who urged members to support it for second reading in view of the fact that the fund would help in improving the police in terms of training, equipment and welfare. But contributing to the debate, Mr. Halims Agoda (PDP Delta state) queried the disappearance of the N20 billion recovered from the ex-police boss, arguing that the recovery of the stolen fund should be concluded first.
“While we are all concerned about the paucity of funding for the Nigerian Police Force, in spite of rising insecurity, we must, as a House, bear in mind that the N20 billion recovered from former inspector general of police by the EFCC, just disappeared into nowhere.

“Our Committee (Police Affairs) has looked for it everywhere. We have gone to the Central Bank of Nigeria (CBN), but the money is not there, we went to the Accountant General’s Office, the money is nowhere; we went to the Police Accounts, and nothing was there. The money has just disappeared.

“So the EFCC and the police must produce this money, because it belongs to the police and must be returned to the police. Mr. Speaker, my dear colleagues, we cannot afford to have the money go like that. It is the responsibility of this House that that money is recovered and sent back to the Police Account.” Agoda reminded the House that funds earlier raised by past administrations were used without the approval of the National Assembly.

“It can be recalled that past efforts were made to set up a fund for the police, but the past administration wasted the funds.” Speaker Bankole interjected by asking the Chairmen of Committees on Police and EFCC- “Where’s the money, where’s the money?” At the end of the submission by Agoda, they resolved to direct the Committee on Drugs, Narcotics, Economic and Financial Crimes Commission to investigate where the money recovered from Mr. Tafa Balogun was kept.

The issue of missing money recovered by the EFCC was first brought to the attention of the House last year by Mr. Abdul Ningi through a motion on “recovery of money and proceeds from sales of confiscated property from corrupt public officers by the EFCC.”

Ningi’s motion sailed through and the House mandated Mr. West Ehioge Idahosa to “thoroughly investigate the matter pursuant to Section 88 of the 1999 Constitution and report back to the House.”
Idahosa was yet to report back to the House as at yesterday when the matter was raised again.

http://sunnewsonline.com/webpages/news/national/2011/feb/24/national-24-02-2011-003.htm

Na wa for this type of presidential candidate!

Nonsense!!!!!!!!!!!! Ignorant fools that think every one is dumb like them. Money recovered by EFFC is not kept in EFFC's custody mind you.

^^^since you know too much about EFCC and where the money is kept, why don't you help the house of Rep's solve the puzzle.

About time, let him receive a taste of his own medicine.

This looks like some pretty serious shyte hitting the fan.

Now we know where Saint Ribadu got the monies he used in buying his houses in Europe

Where is the money?

About time too.
This Ribadu must be a Christian I tellya.

Group of fools lead by an arrogant young thief named Bankole questioning Ribadu's integrity. Rubbish!!

If Ribadu could hand over $15m bribe that Ibori gave him under the table, only a nincompoop would assume that he should disappear N20bln which has been logged and recorded in the public sphere

rasputinn:

Now we know where Saint Ribadu got the monies he used in buying his houses in Europe

The words of an incorrigible and unscrupulous dolt!!!

Ribadu has most defffinately "disobeyed" obansanjo in one way or the other (probably proving stubborn to sell out ACN secrets, strategies and the rest to him) to he needs to keep ribadu struggling to stand upright.
He might just start preparing to go on exile a second time.

But dudes open your eyes, it is OBJ to tell us where the monies are and NOT RIBADU.

I WILL SAY IT AGAIN, THE ONLY POLITICIAN THAT IS CORRUPTION FREE AS FAR AS NIGERIA ISCONCERNED TO IS GENERAL MUHAMMED BUHARI.

GEJ, RIBADU, PAT UTOMI, and Others all have one corruption case traced to them or the other.

Lets leave sentiments, religious or ethnicity differences and vote the right person.

No man is perfect and as well Buhari Isn't. Above all HE HAS LEARNT HIS MISTAKES AND IS MAKING AMENDS THE BEST WAY HE CAN WHICH IS "LEARNING / CONTROLLING HIS ULTERANCES"

Yar'adua accused Ribadu of lack of asset declaration after finding nothing worthwhile. A charge that has been declared invalid by GEJ's admin.

Does it occur to these nicompoops that Yar'adua who found the smallest dirt on OBJ's people and badly wanted to deal with Ribadu would have brought this up. This is the same way they started the $15 million Ibori bribe story, until the CBN confirmed they have Ibori's money.

Let them keep stoking the fire. We'll see who ultimately gets burnt by it.

NASS investigate him

NASS investigate him

y r we all actin lik we dont knw wat is goin on in this country, do u think if Ribadu knew were the money is,he wouldnt av settled all this 'NASS' members, think abt it,they all jst want their cut frm the large loot,thats if they dont already knw were it is,

This looks like some pretty serious shyte hitting the fan.

@beaf,
under yar adua, how many cases were hanging on ribadu's neck? is it not this same jonathan that cancealed all cases in our law court and with the nigerian police only to forcefully impose ribadu on the nigerian police and nigerians in the name of presidential pardon?
why this noise again when ribadu is telling jonathan the truth on his wastefulness with our national funds?
this is a shame of a president who cannot take decissions and stand by them.
jonathan tot ribadu will come to serve him but unfortunately, the reverse is the case. in nigeria, the only criminals are those who challange the govt.
if ribadu supports joanthan today, like dokpesi, he will no longer be a criminal.

in nigeria, the only criminals are those who challange the govt.
if ribadu supports joanthan today, like dokpesi, he will no longer be a criminal.

TRUE TALK!

For the handful of scrupulous educated lawmakers in the National Assembly it must be a real ordeal to be associated with Bankole's house of rep. What a shameless bunch of arrogant thieving unintelligent buffoons.

Cheap blackmail. The truth will soon be unfolded.

Is it not obviously stated in the article that the bill is SPONSORED BY THE EXECUTIVE? Is it not obvious that this is an attack by Goodluck on Ribadu? Some people are dumb sha! No further comments jare!

^^^

The case of the missing money surfaced yesterday at the plenary during the debate for a bill for an act to establish the Nigeria Police Reform Fund and for matters connected therewith, 2010.

Sponsored by the executive, the Bill was introduced by the House Leader, Tunde Akogun, who urged members to support it for second reading in view of the fact that the fund would help in improving the police in terms of training, equipment and welfare.

oga read the statement very well naa b4 u begin provoke. the bill in context is for the passage of an act to establish the Nigeria Police Reform Fund and for matters connected therewith. not a bill to probe Ribadu.

Can u imagine these thieves want to bring Ribadu in!Anyway I am not bothered, i trust Ribadu will come out with a response that will put them where they belong.

doja:

Can u imagine these thieves want to bring Ribadu in!Anyway I am not bothered, i trust Ribadu will come out with a response that will put them where they belong.

God bless you. NASS that could not pass a single bill in 4 yrs, that couldn't conclude anything apart from increasing their allowances and an over concentration on oversight functions. Just another shameless charade that will come to nought.

Can u imagine these thieves want to bring Ribadu in!Anyway I am not bothered, i trust Ribadu will come out with a response that will put them where they belong.

Ribadu is toast, he'll soon be sent to prison if he cant properly defend himself

I'll just chill and watch how some few utterance from Ribadu will shame our honourable thieves.

Patiently waiting I tell ya!

Is this not thesame Ribadu that said Tunubu is very corrupt? Now he is dinning and wining with him. Paddy paddy people. Make ona leave mata abeg. Ask him now he will Say he never said so.

Vindy:

Is this not thesame Ribadu that said Tunubu is very corrupt? Now he is dinning and wining with him. Paddy paddy people. Make ona leave mata abeg. Ask him now he will Say he never said so.

No let the rascals in the SW here you o for you have slandered their god tinubu and his anointed presido ribadu

nice drama

rasputinn:

Now we know where Saint Ribadu got the monies he used in buying his houses in Europe

You know any of his ''houses'' in Europe?

Mr, It cost just 3 pounds to check who own a house in UK and this can be done online.

The smear campaign is about to begin against Ribadu.pdp should try harder cuz this won't stop him.just like they did to Atiku.

Akolawole:

You know any of his ''houses'' in Europe?

Mr, It cost just 3 pounds to check who own a house in UK and this can be done online.

Pls which wesite can i check that