APC accuses Jonathan, appointees
of looting at least N11.11trillion,
says they must face the law






The ruling All Progressives Congress has accused
the past administration led by Goodluck
Jonathan of looting at least N11.11 trillion (or
$55.68 billion at N199.5 to a dollar) of public
funds while in office.
In a statement Sunday, the National Publicity
Secretary of the party, Lai Mohammed, said, the
rate at which public funds were stolen during
the last regime was too “massive”, “spine-
chilling” and “mind-boggling” to ignore.
The party listed the funds unaccounted for by
the regime to include:
– 3.8 trillion Naira out of the 8.1 trillion Naira
earned from crude oil (2012-2015) withheld by
NNPC
– 2.1 billion US dollars from Excess Crude
Account unaccounted for
– Department of Petroleum Resources’
unremitted 109.7 billion Naira royalty from oil
firms
– 6 billion US dollars allegedly looted by some
Ministers of the last Administration
– 160 billion barrels of crude worth 13.9 billion
US dollars lost between 2009 and 2012
– 15 million US dollars from botched arms deal
yet to be returned to Nigeria
- 13 billion US dollars​ in NLNG dividends mostly
unaccounted for
- 30 billion Naira rice waiver​
- 183 billion naira​ unaccounted for at the Niger
Delta Development Commission.



The party said the listed ‘missing’ funds
constituted just a tip of the iceberg since they
are mostly from a few sectors of the economy,
mostly the oil sector, and were discovered even
before the forensic audit now being undertaken
in some key areas.



”The level of looting that went on in other
sectors is better imagined, hence the need for all Nigerians to
rally around the Buhari Administration to recover the loots,
bring the looters to justice and to put in place measures to
prevent such looting in the future,” Mr. Mohammed said.
”The level of looting that went on in other sectors is better
imagined, hence the need for all Nigerians to rally around the
Buhari Administration to recover the loots, bring the looters to
justice and to put in place measures to prevent such looting in
the future,” he added.
He said any worthy leader would not close his eyes to such huge
plundering of public resources before
“… Nothing but the total recovery of the funds will be acceptable
to all patriotic Nigerians,” he said.
Mr. Mohammed said anyone who attempts, either by deeds or
words, to sabotage the recovery efforts is not a patriot and
deserves nothing but public opprobrium.
The statement thanked “Nigerians for their overwhelming
support for the Buhari Administration in its tough but
important task of tracing and recovering the loots, while also
ensuring that the looters face justice”.


It added, ”It is absolutely gratifying that Nigerians are
vehemently opposed to the few who would rather have the
government of the day turn a blind eye to the looted funds and,
in their words, carry on with the process of governance.



”Truly, what sort of governance can go on if the billions of
Naira in a few hands are not recovered? In the first instance,
the government needs every kobo of the funds it can muster to
bring about the change it has promised Nigerians. Secondly,
leaving such hair-raising funds in the hands of the few looters
is dangerous, because they can use the funds to destabilize any
government. In fact, no one will be surprised if the looters use
their dirty funds to sponsor public demonstrations against the
government’s determination to recover the funds.




”Thirdly, allowing those who privatized the commonwealth to
get away is offering a thumbs-up for looting. No responsible
government will do that,” the APC said.
The party said already the looters have embarked on a relentless
and an increasingly-bold campaign to discredit the government
of the day and sabotage the funds’ recovery process, using
newspaper columnists, ‘talking heads’ and otherwise respectable
opinion leaders.




”They and their paid hirelings have tried to employ sophistry to
muddle the waters, but Nigerians are much wiser, and will not
succumb to the dirty antics of the looters’ megaphones,” it said.
The APC said it is necessary to remind Nigerians of the kind of
massive looting of the treasury that took place in the past few
years, so they can better appreciate the seriousness of the issue
at stake.





http://www.premiumtimesng.com/news/headlines/188478-apc-accuses-jonathan-appointees-of-looting-at-least-n11-11trillion-says-they-must-face-the-law.html

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jail jona'daft

Stop complaning n do d needful

Thats how the Jews kept accusing senselessly then. Today they pray ceaselessly to have back that which they already crucified. Hypocritical APC!
Thank God its only the Courts that jail people based on proved facts. Silly Noise makers.

Apc pls live jona alone,, hasnt he done enuf by sacrificing his position for ur buhari

this is serious

If it was gej as president who looted much of the money it would have even been better. But he sat back and watched while his employees looted much more than he did, some of which he was completely ignorant of. How could your people loot more than you, making you seem like a f00l. That's why it's all so annoying.

APC foolish thieves

APC should go to work already. Are they still campaigning with this their method of smearing GEJ.

They will continue to accuse GEJ of corruption till 2019. This guy's don't even say anything about healthcare policies, education, infrastructure or all the common and basic benefits Nigeria citizens yearn for.

I have come to understand that, this their shout of GEJ this, GEJ that is just to cover the incompetence of Buhari.

They should go to work already, campaign is over.

Nonsense!! noise makers!! liars!! fools!!

160billion barrels of oil can never be that amount they posted there. Abi oil was less than 50cent when they were stealing it?
Apc n lies, they way they r lying, the devil don turn saint o.
All hail d lying liars

I dey laugh here.......na only jonathan waka Apc should trend softly!

APC should stop all these wild allegation and face governance Such are signs of weaklings and cluelessness as to how to govern

Una no dey tire? Shuoooo! Make Una leave Jonathan oooooo.Una just dey call him name any ya like say na Una giv am d name.

APC face your work, stop disturbing the public with silly allegations.

Useless liars. You are complaining when you have the Courts. Useless people