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12 Popular12 Corruption Cases Under President Jonathan Admin - Politics - Nairaland

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12 Popular12 Corruption Cases Under President Jonathan Admin by smsshola(m): 7:36pm On Sep 14, 2015
Corruption is a deadly virus to any country who allow it to operate without taken bold step in eradicating or removing it.

According to most Nigerians and foreigners, Nigeria experiences large currption practices under the watch of President Jonathan


According to Naij.com these are the 12 most popular corruption scandals under the regime of President Jonathan.

1. N195 Billion Maina Pension Scam

It is believed that Alhaji Maina misappropriated billions of naira worth of pension funds, which he claimed to have recovered from pension thieves. The senate committee probing pension funds management accused him of mopping up pension funds from banks and depositing the money in his private accounts. According to the committee, this mopping of such funds had made it impossible to pay thousands of pensioners across the country for months. When he was summoned to appear and clear the air on the committee’s findings, Alhaji Maina instituted a N1.5bn case against the senate and the inspector general of police. Things came to a head last week when the senate passed a resolution asking the presidency to sack Alhaji Maina within two days or face its wrath. Although the presidency had initially insisted that only the head of service could sack Maina, it subsequently changed its tone and ordered that disciplinary action should be taken against him for absconding from his duty post without permission.

Punishment: None fled Nigeria.

2. Kerosene Subsidy Scam

The Former Governor of the Central bank and Now Emir of Kano Mr Sanusi had shown that the kerosene subsidy was eliminated in 2009 by a directive of the late president Umaru Yar’Adua. Further evidence, in the form of official data from across Nigeria, shows that nowhere in the country is kerosene sold at a subsidised rate. It is bought by the NNPC at N150, sold to marketers at N40-N50, but retails at N170-N250. Mr Sanusi estimates that $100m goes astray this way each month.

“The margin of 300-500 per cent over purchase price is economic rent, which never got to the man on the street. In dollar terms every vessel of kerosene imported by NNPC with federation money cost about $30m and it was sold at $10 or $11m generating rent of $20m per vessel to the syndicate,” he writes.

It was learnt that since the national assembly members concluded their investigations, no officials of the NNPC or the marketers have been sanctioned, thus emboldening them to continue to import kerosene and allocate to themselves and their cronies.

Apparently due to alleged pecuniary benefits, the NNPC has continued to import kerosene and allocate in questionable circumstances to individuals and groups at the ex-depot price of N40.90.

But rather than selling the product at the subsidised price of N50 per litre at filling stations, the beneficiaries of these allocations sell the product to middlemen at N95 or N100 per litre at the gates of the depots.

These middlemen, it was learnt, truck the product to the filling stations and sell between N130 and N150 per litre.

It was alleged that marketers give some of their allocations to some top PPMC officials to ensure that they turn blind eye to the scam.

The failure of the NNPC to implement a presidential directive removing subsidy from kerosene has fuelled suspicion among the stakeholders.

Punishment: None.

3. $6bn Fuel Subsidy Scam

Nigeria’s parliament has discussed a report said to reveal that $6bn (£4bn) has been defrauded from the fuel subsidy fund in the past two years.

The debate, which was televised live, made official findings that have been widely leaked in recent days.

The fuel sector probe was set up in the wake of angry nationwide protests in January after the government tried to remove a fuel subsidy.

Nigeria is a major oil producer but has to import most of its fuel.

Notable members of the PDP or their families were involved in the scam like Mamman Ali and Mahmud Tukur.

Punishment: Ongoing court cases, no convictions. House of reps report taint
Re: 12 Popular12 Corruption Cases Under President Jonathan Admin by Seuncoded(f): 7:41pm On Sep 14, 2015
Iranu
Re: 12 Popular12 Corruption Cases Under President Jonathan Admin by ademoladeji(m): 7:46pm On Sep 14, 2015
Enough of Jonathan's administration...
Let's move forward pls

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