Obj(baba) is undesputedly the best president Nigeria ever had ,but funny enough he is hardly appreciated,Baba did indescribably well for this country unfortunately he his the man "they love 2 have".Quite ironical.pls post your views and give reasons why you think obj is treated this way

You mean by all [size=18pt]LOW[/size]standards, right?

May be that is why he chose two incompetents to head the nation after his tenure.

Ehyncmosync: Obj(baba) is undesputedly the best president Nigeria ever had ,but funny enough he is hardly appreciated,Baba did indescribably well for this country unfortunately he his the man "they love 2 have".Quite ironical.pls post your views and give reasons why you think object is treated this way

even by the lowest standards

He

is

still

amongst

the very worst two (with IBB)

[size=18pt]Trailing Obasanjo's loot[/size]

http://saharareporters.com/news-page/saharareporters-discovers-trails-objuba-loot
Posted: June 25, 2007 - 01:00


Saharareporters discovers trails of OBJ/Uba loot…Andy
Uba screened out of Yar'Adua's ministerial list.

Saharareporters has discovered highly irregular
business schemes that beam a light on the methods used
by former President Olusegun Obasanjo and his former
aide, Emmanuel Nnamdi (Andy) Uba to siphon public
funds.
Saharareporters investigations have revealed that Obasanjo and Uba
used front companies to open foreign accounts into
which huge amounts of funds were deposited before they
were then moved out to the Cayman Islands, Jersey and parts of the Carribean.
The schemes involved a Nigerian born British citizen,
Lillian Nwoko whose modus operandi was akin to that of
Loretta Mabinton, the Portland, Oregon-based attorney
who served as a money-laundering front for Andy Uba
before she was caught by the US secret service.

Lillian Nwoko similarly helped Andy Uba to register
companies in the UK which were then used to open
foreign bank accounts for money laundering purposes.
Each company was then voluntarily closed. Three of
such companies were registered with the address as
259A Grays Inn Road in London, UK.

Lillian Nwoko was named as the secretary in the three companies.
The first company, UNIC Securities Limited, was formed
in September 2000. Its business was declared as “cargo
handling and business consultancy.” Lillian Nwoko was
listed as the secretary. There were two other
directors, Ibrahim Hauwa and Dr. Lame Ibrahim Yakubu,
fronting for Andy Uba. The two directors gave their
address as Plot 1503 Abidjan Street, Wuse Zone 3,
Abuja-Nigeria.
The UK company house report indicated that the
company did not file any financial reports before it
was dissolved in July 2003.

The two other companies, SENTREX Ventures Limited and
Fontana Ventures Limited, were incorporated on the
same date and have Andy Uba and Lillian Nwoko as the main
directors. Andy Uba used Plot 772 Ibrahim Taiwo Road
Asokoro, Abuja as his address. He gave his date of
birth as December 14, 1958 and his citizenship as
Canadian. Incidentally, Plot 772 Ibrahim Taiwo Road
was the same address to which Loretta Mabinton (Andy
Uba's lady accomplice in the Portland, Oregon money
laundering scandal) shipped the Mercedes Benz she
bought for Andy Uba with proceeds of laundered cash
brought to the US on former President Obasanjo's
presidential jet. The US Secret Service initially
confiscated the Mercedes Benz, releasing it only after
Uba paid a fine of $26,000.

SENTREX and FONTANA Ventures Limited merely gave the
nature of their business as “other businesses.” The
two companies, which didn't file any financial
reports, were also dissolved in 2003.

A financial fraud expert who asked to remain anonymous
told Saharareporters that the formation and
dissolution of companies without filing financial
statements was “highly suspicious.” The expert, who
lives in England, said “such practices are used to
avoid detection by the prying eyes of the public.” One
source in Abuja told us that the method “is consistent
with former president Obasanjo's style of corruption,”
adding that the former president’s hidden assets were
“in the billions of dollars.”

Meanwhile, Andy Uba appears unable to buy any reprieve
from his political misfortunes.
On June 14, the Supreme Court kicked Uba out of the
governorship seat he usurped in Anambra, ruling that
incumbent Governor Peter Obi has the constitutional
mandate to remain in office till March 2010.

Following his judicial defeat, Uba reportedly hopped
in his multi-million dollar Gulf Stream private jet
and flew to see Obasanjo in Ota to bemoan his ordeal.
Obasanjo reportedly sent him to see Umar Musa Yar'adua
to make a case for his inclusion in the yet-to-be
formed cabinet.

If Andy Uba seriously expected to get a ministerial
spot, he was in for a huge disappointment. Yar'adua
refused to see him, instead directing that Secretary
to the Government Baba Gana Kingibe meet with him to
discuss his concerns. When Andy met with Kingibe the
next day, he was confronted with the government’s
concern that he bought a house within the premises of
the Presidential Villa that houses some security
gadgets meant to safeguard the Villa.

Broaching the issue of his ministerial appointment,
Uba told Kingibe that he wished to withdraw the name
of his brother and former Senator Ugochukwu Uba, one
of two names he had nominated for ministerial
appointment. Uba’s other nominee is Jerry Ugokwe. In
place of his brother, he told Kingibe, he now wanted
to put in his name.

According to our source, Senator Uba’s nomination was
already troubled even before Andy Uba’s attempt to
remove his brother’s name. Yar’Adua’s closest advisers
had counseled against rewarding Ugochukwu Uba who was
implicated in bribing two of the three judges of the
Federal Court of Appeal assigned to determine whether
he was the rightful winner of a senatorial seat in
2003. The bribery charges came to light after the two
judges read a majority verdict that gave the contested
seat to Senator Uba. The two judges were subsequently
dismissed from the bench.

As soon Andy Uba finished making a case for a
ministerial position, Kingibe told him that he must
head for the PDP secretariat to tell the press that he
has accepted the judgment of the Supreme Court. The
secretary to the government made it clear that Uba’s
public acceptance of the verdict was a precondition
for responding to his request. Kingibe also asked that
Andy Uba give him time to consult with Umar Musa
Yar'adua.

By the time Andy Uba returned from the Wadata Plaza
headquarters of the PDP, Baba Gana Kingibe asked him
to furnish his office with certified copies of his
degree certificates. Our source said Uba was stunned
by the demand, and seemed to realize that his
ministerial dreams had been torpedoed. Investigations
by Saharareporters had revealed that Uba, who claims
to hold a PhD in science, has lied about his academic
qualifications. He does not have even a first degree.
When Kingibe insisted that hard copies of his degrees
would be required to consider him for any ministerial
appointment, Uba replied that an Abuja High court
headed by Justice Babs Kewunmi had already ruled in
his favor in a case inspired by his certificate scam.
Unimpressed, Baba Gana Kingibe told Andy Uba that
degrees are issued by universities, not courts.

A forlorn Uba was said to have explored the
possibility of becoming the chairman of the ruling
party since the position has been zoned to the
southeast zone. Kingibe then made it clear that the
government was unlikely to support his chairmanship
bid, citing his unresolved controversies.
After the meeting, Uba hurriedly left Abuja for the
Southeast where he tried to rally his supporters with
a pep talk. He also used the occasion to settle hotel
bills and other debts incurred by his numerous
hangers-on in various hotels and restaurants. Uba’s
campaign had attracted many such hangers-on, many of
them US-based “expatriates” and “consultants” who
relocated to Awka in the hope of making quick money
off of Andy Uba. Uba, who bragged that he was going to
transform Anambra State, put his parasitic praise
singers in hotels and encouraged to hang around until
he settled in as “governor.”

With the Supreme Court kicking him out last week, he is reported to be
anxious to cut his dependents loose.

Sentiments apart,can any of you guys name a better president Nigeria has had.Please adduce achievements to buttress your point.Thank you

pls post your views and give reasons why you think object is treated this way

@o.poster,
the line above is the last line of your post and i like especially where u call him an object which he is for real.
let me start by telling u this; EVERY SUCCESS WITHOUT A SUCCESSOR IS EQUAL TO FAILURE.
if you have a very industrious father, very rich and popular by all standards and at the end of the day, non of his wards succeeds him after death, permit me to call such father a failure. my concern is ur age and educational background because if you know how much we were buying garri, rice and beans under shagari and then compare it with object's regime, u won't post what u just did.
how much did ur object spend on electricity and what is the outcome where ever u are living? as strong and noisy as he was, the slow and quiet yar adua was able to jail Bode George whom obj(object) could not even call corrupt.
talking about education/information, from 1999 till date, nigeria is yet to have a change in govt so permit me to say that object is still in power. for abetter understanding of my view, i urge you to go and read about a political party.
look at nigeria from 1999 till date, you can't point to one, i am saying one single institution in place. by institution, i mean organisations like police, nafdac, judiciary, efcc or inec that is why as soon as mr. uduaku comes to power, he will start changing everybody from a-z. institutions are above party politics. they remain in place from january to december and they are not about individuals but about a constitution.
in comparing obj(object) with other presidents, you must ask, which other nigerian has done 8 yrs in office as an elected president?
to whom much is given, much is expected and obasanjo crowned himself as the only president who could sleep with his own daughter inlaw for the woman to get federal contracts.
abeg make una try to dey get shame for eyes.

[size=18pt]President Obasanjo's regime launches fake anti-corruption drive[/size]

05/05/2005

But government privatisations are corruption and theft on a huge scale

By a Democratic Socialist Movement (DSM) member, Lagos

Some Nigerians may consider President Obasanjo’s regime current anti-corruption posture as serious, particularly as a handful of government officials were publicly exposed and sacked for being corrupt, and some were arraigned in the court of law for possible prosecution on corruption charges.

The list of the scapegoats in the latest anti-corruption publicity stunt by Obasanjo, the grand master of corruption himself, includes Tafa Balogun, (ex-Inspector General of Police forced to retire over N13 billion naira (US$ 98 million), illegally acquired wealth), Mrs. Bola Osomo, former Housing Minister dismissed over a federal government property sale scandal, Professor Fabian Osuji and Chief Adolphus Wabara, former Education Minister and Senate President, respectively, who lost their positions after facing corruption charges involving N55 million (US$ 417,000), in a Senate bribery to increase the budgetary allocation to the education ministry.

Previously, the Obsanjo regime also arraigned in court some of its top figures, including the deceased former Internal Affairs Minister, Sunday Afolabi, and two dismissed ministers over a national identity card scam worth US$242 million. However, nothing is heard any longer about this case after the demise of the principal culprit, Sunday Afolabi, who was earlier reported to have confessed that a substantial part of the stolen money was used to “capture” southwest Nigeria from the Alliance for Democracy (AD) for the Peoples’ Democratic Party (PDP).

As expected, the press is awash with praises by government officials, from all levels, who are themselves corrupt, for the anti-corruption stance of Obasanjo. This is done to try to deceive the public when, in actual fact, huge corruption continues unabated in the system and in the corridors of power. The whole national drama is a public relations stunt to deceive the so called ‘international community’, the much vaunted foreign investors, and ‘Transparency International’, the organisation that last year rated Nigeria the third most corrupt nation in the world!
Privatisation is enormous corruption

Privatisation was the main thrust of the Obasanjo regime’s neo-liberal economic policies, since its inception, in 1999, apart from devaluation, commercialisation and cuts in government expenditure on social services. Which are all anti-poor economic policies determined by IMF/World Bank.

By design, the privatisation programme is to transfer ownership of public properties and investment to mega-rich, privileged private individuals and corporate bodies at give-away prices. The beneficiaries of these transactions are mostly government officials, their fronts and foreign partners. The Bureau of Public Enterprises (BPE) and the National Council of Privatisation (NCP) are the government’s octopus bodies perfected to hand over public property to private hands. Recently, the past activities of the bureau under El-Rufai, have been called into question, even from unexpected quarters – for example, the National Assembly with respect to the privatisation scandal in Nitel -Pentascope deal, the Ajaokuta Steel debt buy back, and Sheraton Hotels, which ran into billions of naira. Yet today, El-Rufai is the apple of the presidency’s eye.

The same regime has conveniently looked the other way against all cries that the former Works Minister, Tony Anenih, should be probed for squandering over 300 naira billion (US$ 2.25 billion) meant for federal road construction and maintenance. With nothing to justify the huge sum, the former minister and a close confidant of the president, rather than being investigated, was promoted to Chairman of the ruling party’s (PDP) board of trustees.

In the recent exposure of the fraudulent sales of 207 choice properties of federal government at Ikoyi, Lagos, five of the beneficiaries were direct relations (brothers, sisters and in-laws) of Stella Obasanjo, among other top government officials, including serving ministers, governors and senators.

The Ikoyi house sale scandal is a vivid example of what privatisation means in the true sense - legalised stealing of public wealth. Quoting ‘The Guardian’ (Sunday April 17, 2005, page 10) one of the affected occupants of the sold houses, a woman who resides at 25, Ilabere Street, called Ikoyi, has an agonizing tale to tell: “I am one of the victims. My house was sold. My husband, a Colonel, is still in service. As far back as 3rd of February, some guys came to inspect our house. They said that my house has been sold along with my neighbour’s house. They said they have documents from the ministry of Housing to back up their claims. They didn’t allow me to read the letter…I asked him who bought the house? He said it is a directive from the presidency, that an official in the presidency bought the two houses”.

The cancellation of the deal by the president was not a self-righteous step but a pre-emptive one, hurriedly taken to forestall embarrassment the deal would have caused him with the involvement of his household. Stella Obasanjo, using fronts, has her fingers in many blue chip companies. Her business involvement, and that of Gbenga Obasanjo, the President’s son in other shady deals, remains un-investigated.

The major face of corruption in the government is the privatisation programme, which sees government officials rush to buy under-valued public property with stolen public money. These properties/establishments are, in most cases, re-sold at exorbitant prices, while workers and residents are thrown out in order to maximize profit.

Obasanjo’s regime has made over N10 trillion, mainly from oil, in its six years in office, yet there is no visible development in infrastructure or standard of living of the poor masses. The lot of the people is unemployment, mass retrenchment, and insecurity of life and property. So, while government makes more money than ever before in the history of the country, life has become more miserable for the poor working masses.

According to the United Nations Industrial Organisation (UNIDO), about $107 billion of Nigerian money is held in private accounts in Europe and the US. With the country’s fictitious foreign debt quoted at $35 billion, the World Bank says the country is now poorer in terms of income levels than Bangladesh.

The Department For International Development (DFID), says over 70% of Nigerians live on US$1 daily. Between 80 and 90 million are living in absolute poverty, while 29 percent of the country’s children are underweight. Yet, government embarks on wasteful spending on ‘white elephant’ projects, such as the 8th All-African Games (COJA), which swallowed N3 billion on official figures. The President has spent, as at the time of going to press, 512 days outside Nigeria, since coming to power, at a cost yet to be determined. Before the end of this year, another twenty one government establishments, including Nigerian Ports Authority, are to be sold off cheaply, to corrupt government officials and their business associates. The effect will be mass retrenchment of workers in those establishments, adding to country’s misery. The regime is united in corruption against the poor working masses.
Obasanjo fiddles while Nigeria burns

The tough image against corruption being depicted by Obasanjo is mere political bravado. Nobody should be deceived. The regime is a child of corruption. The elections that brought Obasanjo and the ruling PDP to power were a monumental fraud. Apart from collecting money from dubious characters, including 419 fraudulent politicians and government officials to execute the elections, Obasanjo’s election in his home state, Ogun, was declared an electoral fraud by a court of law. Obasanjo was also an accomplice to several electoral frauds in different states.

It is not a hidden fact that before Obasanjo was sworn-in, in May 1999, the Obasanjo Otta Farm Project was completely abandoned. Where then did the resources come from that revamped the farm to a state where, according to Fani Kayode, it now generates N30 million as monthly profit?

Presently, the Minister of Finance, Ngozi Iweala, earns a whooping sum of US$247,000 (not paid in naira!) per annum. On top of this, her housing, food, transportation, telephone, education and healthcare expenses and for her family, are completely borne by the government. This takes place in a country where the minimum wage is 5,500 naira and where tens of millions are jobless and without any social security payment.

If the regime is serious about fighting corruption all the political/ public office holders should first declare their assets and give periodic assessments; earn average wages of skilled workers; government should give adequate funding of social services and amenities like education, health, transportation, security, electricity etc. But the regime will never do this. On the contrary, public office holders earn fabulous salaries and allowances, with some receiving their salaries in dollars, inflating contracts, etc. This is combined with the policy of privatisations and the commercialisation of public utilities. This allows a handful of rich people to steal, via business fronts, to grab properties at give away prices, at the expense of the poor majority. In this kind of situation, the regime’s ‘crusade’ against corruption is a farce.
Can the suffering end?

Under this capitalist regime, with its anti-worker, neo-liberal policies, the suffering of the workers and poor masses will continue. Things will get worse for Nigerian people. The coming period will witness more stealing of public fund by government officials, as they get ready to contest elections in 2007. The anti-people programmes of the regime means more jobs cuts, grinding poverty, starvation and homelessness for the poor working masses.

The only way forward is for the masses to rely on their own strength, and to mobilise, organise and build a movement that will struggle against the system. Such a movement needs the vision of replacing this unjust government with a working class-based government that will nationalise the commanding heights of the economy so that working people can begin to democratically plan the economy for common good. This can be achieved when workers, youth, farmers and the poor masses organise into a mass working class party with socialist perspective, programmes and ideas.

From a special May Day edition of ‘Socialist Democracy’, paper of the DSM, Nigeria


http://www.socialistworld.net/doc/1734

[size=18pt]Obasanjo’s hypocrisy in the eyes of Ribadu[/size]

Written by Aliyu Mohammed Danbaba Saturday, 17 September 2011 03:00

Gradually but surely, the chicken is coming home to roost. Apart from corruption that characterized privatization as revealed by the recent Senate investigation, former President Olusegun Obasanjo has received his latest moral shelling yet from his former boy, Mallam Nuhu Ribadu, who served as the chairman of the Economic and Financial Crimes Commission (EFCC).
In a recent diplomatic cable accounts brought to light by Wikileaks, the former chairman of the EFCC, Mallam Nuhu Ribadu was quoted as saying that, while Obasanjo was busy jailing others for corruption, the former president “was cleverly covering up his tracks.” In other words, Obasanjo is cleverly corrupt! But Ribadu’s heaviest bombshell was that corruption under Obasanjo’s administration was worse than the alleged stealing linked to the late General Sani Abacha’s regime.

This damning revelation is the biggest challenge to Obasanjo’s hypocrisy. As rightly observed by Ribadu, while Obasanjo established the EFCC and ICPC, the former president was allegedly infected by the same corruption virus that he set out to cure. It is a case a doctor afflicted by a disease he was trying to cure! Although Obasanjo’s hypocrisy on the anti-corruption crusade was public knowledge, the revelation by Ribadu has finally blown off the mask from the face of the former president. On the strength of the Wikileaks’ diplomatic cable accounts reporting a meeting between Ribadu and former U.S. Ambassador to Nigeria, Robin Sanders, it is now clear that Obasanjo himself undermined the anti-corruption crusade through his own double standard. It is also now clear that Ribadu knew the former President was corrupt, but had to look the other way to save his seat as EFCC Chairman.

One is particularly attracted to the revelation by Ribadu that corruption under Obasanjo was worse than the situation during the military administration of the late General Sani Abacha. Nigerians were told by Obasanjo that Abacha had emptied the national treasury through large-scale official thievery. But how comes corruption still continues to grip the nation, despite the fact that Abacha is no more in power? What happened that, despite the billions of dollars recovered from the Abachas by Obasanjo’s administration, massive stealing still continued under a “born-again” president? Again, where did all these billions of dollars coughed out by the Abachas go? Until he left office on 29th May, 2007, former President Obasanjo didn’t convincingly tell Nigerians where the Abacha billions were invested to improve national infrastructure or the socio-economic conditions of ordinary Nigerians.

Nuhu Ridbadu knew what he was saying because he was a witness to power and incredibly close to Obasanjo who had also used the former EFCC chairman to fight or disgrace his perceived political adversaries, especially those opposed to his infamous third term agenda, which crashed on the floor of the Senate on May 16, 2006. Ribadu had to protect Obasanjo, despite his apparent private conviction that his boss was a clay-footed moral giant! Despite repeated petitions against Obasanjo’s alleged corrupt activities, Ribadu was not keen to touch any complaint pertaining to his boss, even after leaving office, which automatically ended his immunity.

A case in point was the petition against Obasanjo filed by the Coalition Against Corrupt Leaders (CACOL), led by a Lagos lawyer. In the petition, the anti-corruption organization wanted explanation about how the former President became a multi-billionaire after becoming a president, in contrast to the fact that he was “stone broke” when he was drafted into power in 1999. General T.Y. Danjuma was the first to use the phrase “stone broke” to describe Obasanjo’s pathetic financial predicament before coming into power. CACOL particularly wanted the EFCC to investigate by what magic a man saved from bankruptcy by friends before he came to power could have become a billionaire overnight after being elected a president. The former president was worth only N20, 000 in 1999, according to his assets declaration record at the Code of Conduct Bureau. The anti-corruption organization expressed open frustration at the EFCC’s apathy to their petition.

According to Edo State Governor, Adams Oshiomhole, N1.2 trillion was devoured by monsters of corruption from 1999 to 2007. Yet Gen. Abacha was not on the scene when this epic white-collar robbery was being committed against Nigerians by their so-called democratically elected leaders. Nuhu Ribadu’s acknowledgement that corruption was more devastating under Obasanjo’s administration should be a revelation to the fans of the Otta farmer, who were converted to the view that Gen. Abacha was the worst evil of corruption Nigeria had ever experienced. With Ribadu’s Wikileaks confessions, Obasanjo should not only apologize to the Abachas but also to millions of other Nigerians who he deceived with his so-called anti-corruption crusade.

While purportedly fighting corruption, the former President was using the same method to execute his selfish agendas such as the attempts to remove independent-minded National Assembly leaders, like former Speaker Ghali Umar Na’Abba and the use of public funds to mobilize support for his ill-fated third term ambition by bribing lawmakers. Despite the badge of corruption he hung on Abacha’s neck, Obasanjo refused to declare his assets publicly when leaving office, arguably because his new-found wealth is inconsistent with his financial status in 1999. A recent report released by Transparency International written by former U.S. Ambassador to Nigeria, John Campbell, raised questions over how the Otta chickens farm could have made over 250,000 dollars monthly income. It is public knowledge that Otta farms were in ruins when Obasanjo was in jail. Even former Special Adviser to Obasanjo on Public Communication, Chief Femi Fani Kayode told Nigerians that Otta farms were making N30 million every month to convince Nigerians that his boss didn’t make money from government. What he didn’t tell Nigerians however, was that Otta farms had virtually collapsed and struggling to survive before Obasanjo became a president in 1999. Therefore, Campbell’s revelation was only in line with what Obasanjo admitted about the unbelievable profitability of Otta chickens farm while he was in office.

Although the constitution doesn’t compel a president to declare his assets publicly, moral duty demands that Obasanjo should go the extra mile to convince Nigerians that he could convincingly defend his new incredible wealth by subjecting his assets to open scrutiny. After all, he takes the credit for establishing EFCC and ICPC. Therefore, if a man has nothing to hide, he shouldn’t have anything to fear in making his public life an open book. Nuhu Ribadu has dealt a mortal moral blow on Obasanjo and it is, therefore, high time the former President came out to defend the sources of his current stupendous wealth eight years after leaving office. General Abacha may not be a saint. Despite the vilification of corruption against him by enemies, his performance record in five years was still by far better than those leaders who had more oil revenues but failed to perform to justify the resources available to them.

[size=18pt]Obasanjo's massive corruption[/size]

http://www.vanguardngr.com/2011/06/corruption-jibe-et-tu-obasanjo/

The facts of Obasanjo’s corruption are difficult to hide. Indeed, the list is endless as the the nation’s treasury was looted with impunity, the Constitution violated without respect for the rule of law and due process. The following are a few instances:

Massive fraud involving over N3.5 trillion in the oil and gas sector, sale of Abuja houses, communications and the power sector of the economy.

Obasanjo was alleged to have illegally withdrawn as much as N231.4 billion from the Federation Account without due process or authorization from the National Assembly (Daily Sun of Thursday, February 5, 2009).

The Ad-Hoc Committee set up by the House of Representatives to probe the activities of the NNPC between 1999 and 2008, indicted Obasanjo and former MD of the Corporation, Mr. Funso Kupolokun, for violating the guidelines for the respective bid rounds, thereby finding them guilty of “preferential treatment of winners at the conclusion of the bid rounds”.

Obasanjo illegally approved the withdrawal of $68.8 million from the Bilateral Air Service Agreement, BASA, Fund into which a total sum of $86 million was paid.

A Senate Joint Committee, headed by Senator Abubakar Sodangi revealed that the plot of land originally belonging to the defunct National Primary Education Commission (allocated in December, 2005 to Inter-Projects Association Limited which immediately commenced development), was illegally allocated to Obasanjo Farms Limited, on May 28, 2007, a day before Obasanjo handed over power to the late President Yar’Adua.

Two Abuja lawyers sued Obasanjo and the Code of Conduct Bureau for mismanaging over N1.2 billion belonging to the Petroleum Technology Development Fund, PTDF.

Nuhu Ribadu, former EFCC Chairman, who fought his personal battles, was promoted by the former President without any recommendation from the Police Service Commission, thereby violating due process.

In the power sector alone, Obasanjo and his cronies bleached out a staggering $16 billion without anything to show for it. Also, N16 billion was paid to some 34 unregistered companies to execute projects under the National Integrated Power Project, NIPP.

In the oil sector, where Obasanjo was the Minister, the corruption stench was even more disturbing. He handed out oil blocks and other favours to whomever he pleased without recourse to laid down rules.

Obasanjo allegedly sold the country’s refineries at give-away prices. The Kaduna and Port Harcourt refineries were both sold for $750 million, far below their actual worth.

Using the vantage position of his authoritarian presidency and awesome state power, Obasanjo organised the launching of a personal N7 billion Presidential Library Project in Abeokuta and coerced state governors and local government chairmen to make donations.

For his own pecuniary interest, Obasanjo coupled a so-called Transcorp conglomerate and sold Nigeria’s prime assets to this group where he kept a personal N200 million worth of shares in the blind.

During the Obasanjo years, there were fraudulent payments made on railway projects worth N8.3 billion, including the lines running from Lagos to Kano with tributaries.

He was mentioned in fraud and contract manipulations with Siemens, Wilbross and Hallibuton.

koruji: You mean by all [size=18pt]LOW[/size]standards, right?

May be that is why he chose two incompetents to head the nation after his tenure.

he wanted to be a back seat driver