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Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money - Politics - Nairaland

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IBB Returns Home After 7-week Medical Trip / The Fear Of Buhari: IBB Returns Part Of $12.4bn Gulf Oil Windfall Money / Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money (2) (3) (4)

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Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by Buharifan: 11:19am On Aug 26, 2015
Unconfirmed reports indicates that former Nigerian head of state , Gen Ibrahim Badamosi Babangida has allegedly returned ‘part’ of $12.4bn Gulf oil windfall money.

According to a source within the presidency, the retired gap tooth general “secretly returned the money this weekend to the nations coffers”.

Though our source could not elaborate on the details surrounding the sudden action of the retired Minna general.

Daily Onus recalled that a Federal High Court in Abuja has dismissed the suit filed by civil society groups against the Attorney General of the Federation, AGF, and the Central Bank of Nigeria, CBN.

The presiding judge, Gabriel Kolawole, delivered the ruling on Thursday November 29 2012 in Abuja. The judge averred that the applicants lack the locus standi to institute the case.

Mr. Kolawole however said the plaintiffs should not be seen as busy bodies but patriotic citizens.

Six civil society groups, including the Socio-Economic and Accountability Project (SERAP), sued the Attorney- General of the Federation (AGF) and the Central Bank of Nigeria (CBN) over the much publicised $12.4 billion oil windfall, which the country recorded between 1988 and 1992, while former military dictator, Ibrahim Babangida, was in power.

The groups wanted the court to compel the government to release a report of a probe panel headed by Pius Okigbo which probed the spending of the money by the government.

The Federal Government raised many arguments against the suit including: that the report was missing, only the AGF could demand for such a report, and the court had no jurisdiction to entertain the suit.

Former president Olusegun Obasanjo was reported to have returned $200 millions to the federation account, If Babangida’s case is finally confirmed he will be the second ex-president to have returned looted money back to Nigeria.

source: http://dailyonus.com/fear-of-buhari-ibb-returns-part-of-12-4bn-gulf-oil-windfall-money/#sthash.InqIeRgu.0UfP5Nkr.dpuf
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by sammyj: 11:21am On Aug 26, 2015
This is good for our country. Thank God for giving us a man of reputable Government !!!! shocked
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by experimentist: 11:22am On Aug 26, 2015
IBB, silent bad motherfuckerr.. you just kept quite since, Dan iska

1 Like

Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by TheNonce: 11:22am On Aug 26, 2015
Buharifan:
Unconfirmed reports indicates that former Nigerian head of state , Gen Ibrahim Badamosi Babangida has allegedly returned ‘part’ of $12.4bn Gulf oil windfall money.

According to a source within the presidency, the retired gap tooth general “secretly returned the money this weekend to the nations coffers”.

Though our source could not elaborate on the details surrounding the sudden action of the retired Minna general.

Daily Onus recalled that a Federal High Court in Abuja has dismissed the suit filed by civil society groups against the Attorney General of the Federation, AGF, and the Central Bank of Nigeria, CBN.

The presiding judge, Gabriel Kolawole, delivered the ruling on Thursday November 29 2012 in Abuja. The judge averred that the applicants lack the locus standi to institute the case.

Mr. Kolawole however said the plaintiffs should not be seen as busy bodies but patriotic citizens.

Six civil society groups, including the Socio-Economic and Accountability Project (SERAP), sued the Attorney- General of the Federation (AGF) and the Central Bank of Nigeria (CBN) over the much publicised $12.4 billion oil windfall, which the country recorded between 1988 and 1992, while former military dictator, Ibrahim Babangida, was in power.

The groups wanted the court to compel the government to release a report of a probe panel headed by Pius Okigbo which probed the spending of the money by the government.

The Federal Government raised many arguments against the suit including: that the report was missing, only the AGF could demand for such a report, and the court had no jurisdiction to entertain the suit.

Former president Olusegun Obasanjo was reported to have returned $200 millions to the federation account, If Babangida’s case is finally confirmed he will be the second ex-president to have returned looted money back to Nigeria.

source: http://dailyonus.com/fear-of-buhari-ibb-returns-part-of-12-4bn-gulf-oil-windfall-money/#sthash.InqIeRgu.0UfP5Nkr.dpuf


My friend take your bloody amateurish lies to a pdp rally abeg! They will surely brush you up there! Nonsense!

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Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by ayatt(m): 11:30am On Aug 26, 2015
really? even ibb self dey fear
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by yatch360: 11:32am On Aug 26, 2015
even u.....
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by slimfit1(m): 11:40am On Aug 26, 2015
I don't believe it and what about all the interest that did money had generated all this time abi he put the money safe for us big lie men.
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by worthytalk: 11:46am On Aug 26, 2015
Only a coward will be afraid of coconut head buhari. I see buhari as a cow so why should one be scared of a cow?

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Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by GudluckIBB(m): 11:46am On Aug 26, 2015
Daily Onus ko! daily Anus nii !!!

Fake news medium everywere.

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Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by bluecircle470: 11:49am On Aug 26, 2015
This is a big lie

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Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by specimen23(m): 12:11pm On Aug 26, 2015
another propaganda....d fear of buhari would soon be turned to a religion by some sychophants grin!

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Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by Naijacitizen(m): 12:27pm On Aug 26, 2015
Unconfirmed report Ok.



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Don't worry, it is just a matter of love.

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