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Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala - Politics (6) - Nairaland

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Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by DecemberIV: 10:02am On Dec 10, 2015
obailala:
Well I dont think NOI has done anything wtong in this one... she sourced for funds, got an approval from the president and she realeased the funds to the NSA.

However in order to forestall any future flimsy accusations, it would be bice if NOI just prepared a comprehensive register of all approvals she have for fund disbursements. It's obvious that everything about the way government was run was shrouded in undue secrecy, you cant blame people for wagging their tongues and throwing accusations around when they keep seeing details of fund movement without records of what the funds were used for.

NOI goofed by seeking Jonathan's approval for funds that were not appropriated (despite knowing it was wrong) by the National Assembly. Its that simple.

Lets even ignore the fact that she irresponsibly and expressly washed her hands off the monitoring of the funds.

Excerpts from the letter she wrote to Jonathan;


“This letter is to seek your approval to borrow these funds, for now, to disburse to the NSA. These funds form part of the projected Federal Government Independent Revenue, to be appropriated, in the light and for accountability, given the peculiar nature of security and intelligence transactions, we would expect the NSA to account to Your Excellency for the utilisation of the funds,” she concluded.

http://www.premiumtimesng.com/news/headlines/194870-how-jonathan-okonjo-iweala-illegally-diverted-n61-4-billion-abacha-loot-to-nsa-sambo-dasuki.html

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Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by Uwaomapaul(m): 10:07am On Dec 10, 2015
blazetitov:
Some Nigerians are just funny. A minister or president does not have the power to spend any funds not budgeted for. That money should have been paid into the federation account and a supplementary budget sent to the NA for approval.

GEJ and NOI should be ashamed of themselves especially the so called Harvard graduate who oversaw the looting of the country's wealth.

She should save her defence for EFCC because they will soon be knocking on her door.
go and get sense, what of Buhari that said any money recover from looted found will go to Women Affairs, is that in the budget he presented to NA as a CnC he has right to use the money for Nigeria problem.
Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by agabaI23(m): 10:16am On Dec 10, 2015
GoodGovernance:



Hellooooooooooooooooooooooooooooooooooooooooooooooo........!


Explaining why you did something does not make what you did appropriate!

The constitution of the country remains sacrosanct.You cannot divert government revenue unconstitutionally without proper appropriation and approval by the national assembly!
There you go again. Which law of the FGN did they contravene please? The money was recovered and the external bodies advised it should be used for developmental purposes.

Do you have a law that guides the use of repatriated revenue? I honestly don't know. As far as that money not have been counted as part of the revenue accruing to the FG.

Money was disbursed for the sake of fighting insurgency.....
Helloooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo!!!
Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by frankyychiji(f): 10:26am On Dec 10, 2015
Berrylite:
The expectations of everyone over NOI, being a Harvard graduate was cut short. She couldn't live upvto her certificate, thus the accusations and counter accusations against her....
In short, she really messed up
Yet she has moved on to other international assignments and her profile keeps soaring while you retain the bare floor whining.
Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by Nobody: 10:28am On Dec 10, 2015
DecemberIV:


NOI goofed by seeking Jonathan's approval funds that were not appropriated (despite knowing it was wrong) by the National Assembly. Its that simple.

Lets even ignore the fact that she irresponsibly and expressly washed her hands off the monitoring of the funds.

Excerpts from the letter she wrote to Jonathan;


“This letter is to seek your approval to borrow these funds, for now, to disburse to the NSA. These funds form part of the projected Federal Government Independent Revenue, to be appropriated, in the light and for accountability, given the peculiar nature of security and intelligence transactions, we would expect the NSA to account to Your Excellency for the utilisation of the funds,” she concluded.

http://www.premiumtimesng.com/news/headlines/194870-how-jonathan-okonjo-iweala-illegally-diverted-n61-4-billion-abacha-loot-to-nsa-sambo-dasuki.html
Buhari also goofed by diverting over N700billion not appropriated by the NASS on bailout packages for states
Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by blazetitov: 10:30am On Dec 10, 2015
Uwaomapaul:
go and get sense, what of Buhari that said any money recover from looted found will go to Women Affairs, is that in the budget he presented to NA as a CnC he has right to use the money for Nigeria problem.

Go grab a book on public sector accounting. You will definitely gain not only sense but wisdom.
Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by Utchman1: 10:43am On Dec 10, 2015
Mr Paul C Nwabuikwu, the question or bowl of contention is not whether she transferred the funds with the authorization of the then president, but whether she had the right to transfer funds that were not appropriated by the National Assembly.

2 Likes

Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by offorkansi: 10:49am On Dec 10, 2015
Promhize:


"Following the discussions and based on the urgency of
the NSA’s memo, Dr Okonjo-Iweala requested the
President to approve the transfer of the requested amount
to the NSA’s Office for the specified purposes."


Now I know you have comprehension issues, "request the president to approve" not "request for permission to approve".

Seems you just learnt about the word "repugnant"

You are the one that seems to have comprehension problem. It is the job of the national Assembly to appropriate and approve funds not the responsibility of the President. It is wrong for Okonjo Iweala to disburse funds that were neither captured in the budget not approved by the NASS. Moreover, the money belongs to the Federal republic of Nigeria and should have been shared between the three tiers of government.

It is always good to understand issues to avoid making a nuisance of yourself.

1 Like

Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by ArcIbrahim38(m): 10:53am On Dec 10, 2015
Was the money appropriated by the NA for that purpose if No the spending is illegal simple...

1 Like

Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by steve440: 10:53am On Dec 10, 2015
doctokwus:

So part of the work of the finance minister is to approve extra budgetary expenditures.
Sometimes it's repugnant hailing from the same country with people like u.
pls,keep calm and give superior reasoning some space to prevail. that's if u wish to sincerely understand the meanings conveyed by the bolded texts in the said write-up. I don't even know why u think unleashing ur vent on people ,through ur usage of some derogatory and retrogressive words,will drive home ur distorted view.
Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by ikorodureporta: 11:00am On Dec 10, 2015
NOIConnect:


https://www.naij.com/662414-okonjo-iweala-opens-illegal-diversion-abacha-funds.html


...supervising minister of corruption,,,thtz hw they crashed d world economy

1 Like

Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by Holak: 11:57am On Dec 10, 2015
Bevista:
An important issue has not been addressed by that response: Was the Funds budgeted for or was it extra-budgetary expenditure? If there was genuine need to use the funds, why not approach the National Assembly to inform them that there has been an inflow of funds and that they should approve for it to be used to combat terrorism.

I am seriously beginning to think NOI was indeed complicit in most of the corrupt transaction that happened during the last administration.

National Assembly only approves budgets which was done. They don't approve particular sources of funds that should be used for that fund. Nothing amiss on the part of NOI except for propaganda purposes.
Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by Ayatullah(m): 12:30pm On Dec 10, 2015
feldido:
They think this woman is Naive like them... She knows what she's doing.
She's not shaking, no matter what they try to do.

SHE WILL SHAKE AND FALL!
She will shake and fall when the right time comes. Everyone knows she was just doing Jonathan biddings when in power. Can she commit this sort of impunity with the international organisation she is working for?
Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by Nobody: 12:31pm On Dec 10, 2015
bokohalal:
Did she know that the National Assembly must approve the spending?




She refused to comment on that. You donnt spend any monies not appropriated by the National Assembly.
Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by mbulela: 12:36pm On Dec 10, 2015
All the hundreds of billions collected from Abacha, I have never seen one classroom block or public toilet that can be traced to that loot recovery. Seems the money is recovered to be relooted.
Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by Bevista: 12:43pm On Dec 10, 2015
Holak:
National Assembly only approves budgets which was done. They don't approve particular sources of funds that should be used for that fund. Nothing amiss on the part of NOI except for propaganda purposes.
I'm sure you've heard of the term "Supplementary Budget".

When the Executive has the need to spend money that was not iinitially budgeted for, what they (ought to) do is approach NASS and present them with a Supplementary Budget detailing what needs to be done and how the funds will be sourced. The funds in question is outside what was initially budgeted for security/defense.

What NOI and others did was pure abuse of office and it was done deliberately to divert the funds. If their intentions were genuine, they would have approached NASS, after all, they've done so severally in the past.
Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by princejayboss: 12:58pm On Dec 10, 2015
doctokwus:
Another over rated ph.D holder giving another uttely repugnant defence to cover her crass incompetence and complicity in the ra pe of our national treasury.


what have you illiterate
Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by olasunky15(m): 1:09pm On Dec 10, 2015
nutarious:
Depends on the way we see it(angle), if u see it from party partisan view then u will wanna defend or attack Nov. But if we all sit back and reason casting away tribal and political sentiment then we could reason well.

I don't see anything good that can come from IMF, personally, I Beleive NOI is more loyal to IMF than her nation.

She said a Commitee was setup, and the commite reached an agreement, this whole arrangements was funny, for nsa and her dept to be part of the commite is absurd.

Between the 6 years in total of GEJ rule, she has always been lieing to us in regards the economy. There is a way she brand her addresses that one would easily fall victim of her academia hypnosis. As of the time she left Nigeria was already bankrupt, now people will argue that it was oil sales that went down, but as a coordinating minister, she was there while money was been siphoned and she never said a thing. I personally don't trust her based on lots of failures and secrecy.

Lastly, after the abacha loot was siphoned to NSA, GEJ administration still went to further borrow 1billion dollars towards election and she Was still the coordinating Minister. If anyone Beleive this woman then it could only be for tribal or party reasons. She is an embarrassment to this country, what does her profile profit us? She led supported the most corrupt GEJ in democracy in Nigeria and we won't forget that.

Now tell me of Patriots and DORA Akunyili comes to mind, may God bless her soul.

not dat she is more loyal to IMF
just she believes here in naija, u can go away wit any shady deals.....
For IMF, Wu born monkey....

she ll got her ass tamed
Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by paramakina202: 1:19pm On Dec 10, 2015
Did Buhari get national assembly approval on 700billion naira bail out fund,?
Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by Nobody: 1:38pm On Dec 10, 2015
NOIConnect:


https://www.naij.com/662414-okonjo-iweala-opens-illegal-diversion-abacha-funds.html
madam u were complicit. U of all people should know that extra budgetary expenditure is subject to National Assembly's approval. Ur defense only proves ur incompetence
Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by umar4info(m): 2:16pm On Dec 10, 2015
Promhize:
Apc keeps on throwing useless allegations around with nothing to show for it
Nothing to show
Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by Charly68: 2:46pm On Dec 10, 2015
The memo this woman is written to defend her name is useless because she can nit claim she was not privy to the looting spree that was going on under the able leadership of Mr stealing is no corruption himself..she decided to hide under one clause or the order instead of throwing in the towel . Now the bublle burst & she is written memo.. Were billions not found missing & funds misappropriated. Were alarm not raised of Nnpc fund not remitted but she kept bamboozling the nation by raising audit team to find answers to questions instead for the auditors to solve the naughty question asked they too came up with more questionable reports. . Nothing tangible in their publicized report ..they claimed all manner of professional handicap ..etc ..Even Accountants are not helping,lawyers too are highly compromising ..even the so called SANS are very dubious in seeking frivolous injunctions at the court..Ask Daudu ...he will tell you that if they don't defend criminals their life will be meaningless .. Naija Naija ! T
Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by pre88: 4:13pm On Dec 10, 2015
Seriously speaking, what did NSA do with all this money, because soldiers complained daily of lack of weapons and allowances not paid during same period. Giving NSA the money without asking questions, wasn't she the coordinating minister? Am disappointed, some of us who were angry when obasanjo drop her can now see reasons why that happened.
Re: Allegations Of “Illegal Diversion” Of Abacha's Loot Baseless – Okonjo-Iweala by nortcentrallord(m): 4:28pm On Dec 10, 2015
Promhize:


What is repugnant and incompetent about the bolded? You need to learn the meaning of words before you use them.

You think big words will supersede superior reasoning accompanied by facts?!


God bless you. No one would have said it any better but some hollow heads will and can never learn so they are never to acquire knowledge.

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