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$15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief (20517 Views)

Arms Deals: EFCC Seizes Ex-chief Of Army Staff’s N4B Estate / Arms Panel Indicts Ex-army Chiefs, Generals / $2.1b Arms Deals: Anxiety In Jonathan’s Camp Over Likely Arrest Of More Suspects (2) (3) (4)

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Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by rrikado(m): 8:18pm On Aug 13, 2016
All those who blame buhari in everything are brainless and stupid

3 Likes

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Lexusgs430: 8:20pm On Aug 13, 2016
This military thiefs (sorry meant chief's), just bled Nigeria dry!!!!

1 Like

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by adeusolu: 8:20pm On Aug 13, 2016
[size=118pt]EFCC CHASING SHADOWS WHILE THE COLLOSAL CORRUPTION OF BURATAI AND DANBAZUA SERVE AND STAND BEFORE THE FANTASTICALLY CORRUPT GOVERNMENT OF BUHARI[/size]
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by ANAKONDA: 8:26pm On Aug 13, 2016
They were busy milking the country dry whilst they exposed our soldiers to BH's sophisticated weapons with outdated rifles and when the soldiers complained, they were yet heartless enough to court-marshall and sentenced them to death.
Savages in uniform

1 Like

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by ANAKONDA: 8:29pm On Aug 13, 2016
adeusolu:
[size=118pt]EFCC CHASING SHADOWS WHILE THE COLLOSAL CORRUPTION OF BURATAI AND DANBAZUA SERVE AND STAND BEFORE THE FANTASTICALLY CORRUPT GOVERNMENT OF BUHARI[/size]


Chasing shadow because your hero is in the firing line. Turn by turn,:just relax.
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by ANAKONDA: 8:33pm On Aug 13, 2016
Oh God, Olorun o, Oghene, Chineke.

Shey you hear your name ?

I take God beg you please we need a Rodrigo Duterte in Nigeria ASAP.
Thank you.

2 Likes

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Vatsyayana: 8:34pm On Aug 13, 2016
freeze001:
They should properly verify the information, ensure sufficient evidence, charge the culprit(s) to court and ensure diligent prosecution until a befitting punishment/sentence is secured! No more shoddy reports n prosecution please!

The rule of law must prevail to punish wicked thieves; there should be no sacred cows either! All or nothing!

Of course rule of law must prevail in kind of case. But if na poor man steal meat for market na jungle justice them go met upon am...we're done for in this country!

1 Like

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Nobody: 8:46pm On Aug 13, 2016
Until a rawlings revolution/therapy is applied on nig's ailment, d country will keep runing on a spot!
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by rusher14: 8:47pm On Aug 13, 2016
I'm mostly concerned about the Shekau Toyota vehicles that were never delivered.

Something real fishy happened there.
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Sctests: 8:50pm On Aug 13, 2016
AfroKnight:
Stealing everywhere. So much waste. Thanks to the ineffectual buffoon, the hero of ipob drug dealers.

What stops your Sherrif-in-town from jailing GEJ?
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by franklynsunny(m): 8:53pm On Aug 13, 2016
I nid answer?

Can Nigeria ve capital punishment like death for corrupt convicted tif

Can all dis old faces frm Buha to GEJ to 1975 regime resign frm politics n let fresh young brains try leading Nigeria again?

Why is it possible for common Maggie tif given jungle justice rite dere he was caugt but wen one big guy steal billions,he will b cruising on yachts and his trial will b on postponement till d judge dies?

All the recovered funds? We're e dey now,which acct?

Y is Govt still fightin only his past haters?

When will Usd equal abit to N100 and not N1?

When will I b able to just sight and see loaded N1billion in a room for the first time in my life? Will I survive the shock for some1 to steal it 1million times?

1 Like

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by adeusolu: 9:08pm On Aug 13, 2016
ANAKONDA:



Chasing shadow because your hero is in the firing line. Turn by turn,:just relax.


An active criminal is more dangerous than a redundant one. A government thaaat shields its corrupt officials is fantastically corrupt as aptly described by cameron
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by reuben79: 9:54pm On Aug 13, 2016
Chief of army staff kee?so dat d reason why lpob don't wnt jonathan to leave d gov? No wonder,d government sweet them like yam......we ar waitin them in 2019
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by brosammy(m): 9:57pm On Aug 13, 2016
From $2b to $15b,this is terrific, the most painful part of this story was the life of inocent soldier who joined militry cos of their daily bread, i could recall last year when some soldier refuse to go on operation cos of antiquated wepon and their oga intended to kill they all, they call the act one yeye name. All of them are unjust even PMB, you will all face the wroth of God.
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Odegbami1(m): 10:00pm On Aug 13, 2016
spartan50:
Abeg make we see road. Na noise EFCC dey make. This is just a media stunt to try and divert Nigerians from the current hardship we face. Fix the economy Oga Buhari.. Stop all this media propaganda.

Shup up thief
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by millionaireman: 10:06pm On Aug 13, 2016
How many Nigerians are interested in a story like this from Daura EFCC, Daura DSS, Daura Police, Daura Nigeria Army, Daura President, Daura this Daura that, now running Nigeria like a Daura county council? Mtchew.
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Orikinla(m): 10:11pm On Aug 13, 2016
Chimezie250:
$15billion no longer 2.1 billion continue
.
Read.
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by bejeria101(m): 10:20pm On Aug 13, 2016
Chimezie250:
$15billion no longer 2.1 billion continue

Bros na fear i fear o!
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by jahsharon: 10:27pm On Aug 13, 2016
ATM-Dasuki

1 Like

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by millionaireman: 10:34pm On Aug 13, 2016
Orikinla:
.
Read.


HOW COME BOKO HARAM IN NIGERIA?

Next una go fetch another firewood infested with red ants.
Next una extremist religious practice go fetch Maitatsine or Taliban to Nigeria.

Without the Sharia your ogas adopted in their north, Boko Haram couldn't have come to Nigeria.

How much billions of dollars has Nigeria lost since sharia in the north followed by Boko Haram? Seven years of Boko running - In Nigeria, little or no foreign investors, no tourists;

oyel money spent on arms to fight Boko, lots of the arms sabotaged and handed to Boko by people sympathetic to the sharia cause which Boko says it's fighting for;

same oyel money for extra pay to soldiers fighting Boko in war front.

Which kain country be this una Nigeria sef?
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by jahsharon: 11:13pm On Aug 13, 2016
millionaireman:



HOW COME BOKO HARAM IN NIGERIA?

Next una go fetch another firewood infested with red ants.
Next una extremist religious practice go fetch Maitatsine or Taliban to Nigeria.

Without the Sharia your ogas adopted in their north, Boko Haram couldn't have come to Nigeria.

How much billions of dollars has Nigeria lost since sharia in the north followed by Boko Haram? Seven years of Boko running - In Nigeria, little or no foreign investors, no tourists;

oyel money spent on arms to fight Boko, lots of the arms sabotaged and handed to Boko by people sympathetic to the sharia cause which Boko says it's fighting for;

same oyel money for extra pay to soldiers fighting Boko in war front.

Which kain country be this una Nigeria sef?


Oyel money, that is the only thing you shout. Oyel is now about $40 per barrel and it will still go down further. Very soon, I mean very very soon, you will start hawking your oyel in traffic hold ups like gala and la casera when oyel becomes $10 per barrel and Nigeria fully diversify the economy towards agriculture, solid mineral and industry.

1 Like

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Afritop(m): 11:26pm On Aug 13, 2016
THE SAME WAY BUKOLA SARAKI GOT HIS SHARE FROM HIS FATHER AND IS USING THAT TO SHAKARA EFCC THAT HE IS INFLUENTIAL BEFORE ATTAINING ANY POLITICAL OFFICE
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by maasoap(m): 11:42pm On Aug 13, 2016
Ahmeduana:

FROM 2.1 TO 15 BILLION, EVEN SELF ONE NONENTITY SAID 95 BILLION ALL IN DOLLAR and them wan tell us new story again and i reply THAT GALALA NO BE NEW SONG AGAIN.
2.1 billion dollars was for Dasuki alone while 15 billion dollars cover military spending on weapons between 2007 to 2015.
We need to stop defending the people who are impoverishing us because of politics. We might be of the same tribe, we need not to forget that they only stole for themselves and their families, they didnt steal for you.
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by maasoap(m): 11:47pm On Aug 13, 2016
brosammy:
From $2b to $15b,this is terrific, the most painful part of this story was the life of inocent soldier who joined militry cos of their daily bread, i could recall last year when some soldier refuse to go on operation cos of antiquated wepon and their oga intended to kill they all, they call the act one yeye name. All of them are unjust even PMB, you will all face the wroth of God.
Hope you are well, that you are not sick upstair?
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Nobody: 1:11am On Aug 14, 2016
Tolexander:
And the citizens are brainless!


True talk!!! Brainless, ignorant, stupid, naive, foolish, you name it. If not the socalled heartless leaders wouldn't dare such.
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Aroh48(m): 3:46am On Aug 14, 2016
The money no dey finish? God make them no trace dis money reach my side oooo!
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by dadexcel: 4:48am On Aug 14, 2016
giftadene:
The Presidential Committee on Audit of Defence Equipment Procurement (CADEP) has traced about N2billion, meant for the purchase of vehicles for the Nigerian Army, to the accounts of five children of a former Chief of Army Staff.

The accounts were said to have been frozen as at the time of filing this report.

Also, the panel discovered that about 42 units of Armoured Personnel Carrier (APC) rejected by Iraq were resold to Nigeria to fight Boko Haram insurgents.

It said the poor equipment accounted for the loss of lives and soldiers in the North-East.

The panel’s findings are contained in a brief which was obtained by The Nation.

The outcome of the panel’s investigation suggested that the children of the ex-Chief of Army Staff allegedly used two companies for the deal.

The panel said: “The committee reviewed the procurement carried out by Chok Ventures Ltd and Integrated Equipment Services Ltd, two companies that shared the same registered office, had one name as common controlling shareholder and sole or mandatory signatory to the various banks accounts of the companies.

“The committee further established that between March 2011 and December 2013, the two companies exclusively procured various types of Toyota and Mitsubishi vehicles worth over N2, 000,000,000.00 for the Nigerian Army without any competitive bidding.

“Most of the contracts awarded to the companies were also split, awarded on the same date or within a short space of time at costs and mobilization higher than the prescribed thresholds.

“For instance, on February 13 and 15, the two companies were awarded contracts worth N260, 000.000.00 and N315, 000,000.00 respectively for supplies of various vehicles. The Nigerian Army could not justify the exclusive selection of these vendors against other renowned distributors of same brands of vehicles procured.

“More seriously, the committee found no credible evidence of delivery of the vehicles by the two companies as there were no receipt vouchers, but only unauthenticated delivery notes, invoices and waybills that were purportedly used for the deliveries.

“Nevertheless, the vendors were fully paid based on job completion certificate authenticated by the then Chief of Logistics, Maj Gen D.D. Kitchener (rtd). The payments were also made without deduction of Withholding Tax (WHT). Furthermore, analyses of the various bank accounts of the two companies showed transfers to individuals , some of who are believed to be children of the army chief.

“Thus, the committee recommends further investigation to determine delivery of the vehicles and relationship of funds beneficiaries with the former COAS and the two companies. Furthermore, the panel said that Lt Gen O. A. Ihejirika (rtd), Maj Gen D. D. Kitchener (rtd), Col A. M. Inuwa and Mr Chinedu Onyekwere should be held accountable for the issues arising out of the contracts.”

The panel observed that the award of contracts in the Nigerian Army was fraught with irregularities.

It said a company was registered on November 17, 2014 and awarded $125,179,299.10 on the same day.

It said: “The Nigerian Army, between April and August 2014, entered into four contract agreements with Societe D’Equipmenteux Internationale (SEI Nig Ltd) for procurement of Cobra Armoured Personnel Carriers, Shilka Self-Propelled Artillery Guns, Armoured Fighting Vehicles (AFVs) as well as various ammunition and spares funded by the ONSA.

“The contracts for the Cobra APCs and Shilka Guns were not executed as they were not funded. However, the costs for procurement of the AFVs; ammunition and spares were $398,550,000.00 and $484,765,000.00 respectively totalling $883,315,000.00.

“In November 2014, the ONSA awarded contract to Conella Services Limited for procurement of 72 various arms and ammunition that included MRAP vehicles, Mi-17 helicopter at the cost of $125,179,299.10.

“The committee observed that the company was registered in Nigeria on 17 November, 2014 and awarded the contract on the same date, while the EUC for the procurement was issued a day later on 18 November, 2014. Furthermore, the ONSA paid $36,996,530.00 and N2,209,582,296.00 to the vendor between November 2014 and 15 April, 2015.

However, the Nigerian Army denied receipt of any procurement from Conella Services Ltd.

“Similarly, the committee tried in vain to reach officials of the company to confirm execution of the contract. There is, therefore, the need for further investigation of Conella Services Ltd.

“The committee observed that SEI and its two associated companies, APC Axial Ltd and HK-Sawki Nig Ltd, were incorporated in May 2014 with two Nigerien brothers, Hima Aboubakar and Ousmane Hima Massy as the only directors.

“ Between May 2014 and March 2015, the ONSA mandated CBN to release various sums totaling $386,954,000.00 to SEI and the two associated companies for ‘procurement of technical equipment’, without tying the money to particular items of procurement.

“Thus, the allotment of the funds was left at the discretion of the vendor without input or consultation with ONSA or the Nigerian Army.

“Furthermore, some of the funds transferred preceded the formalization of SEI contracts with the Nigerian Army. There was also no evidence of any contract to justify the payments made by ONSA to the SEI associate companies. Consequently, it had been difficult for the ONSA, the Nigerian Army and SEI to reconcile the accounts vis-a-vis the equipment delivered.”

The panel also uncovered that 42 units of Armoured Personnel Carrier(APC) which were rejected by Iraq were later sold to Nigeria to fight Boko Haram insurgents.

It claimed that some of the APCs were either expired or unsuitable leading to loss of lives.

It added: “The committee observed that one of the new equipment SEI procured for the Nigerian Army from Ukraine was BTR-4E APC.”

However, according to the Ukraine’s state enterprise, Lviv Armour Repair Plant, the designers of the equipment, “some of the products sold to Nigeria in 2014 were actually among 42 units designed for Iraq which subsequently rejected them due to poor performance rating”.

“The Nigerian Army did not also undertake the mandatory pre-shipment inspections provided for in the contract agreements. Instead, the NA deployed an infantry officer, who lacked the technical knowledge to assess the capabilities and shortcomings of the equipment, to oversee the shipment of the items for the Nigerian Army from Ukraine.

“Additionally, the two-week training availed the technicians and operators was inadequate for them to comprehend the technical workings of the newly introduced equipment.

“The committee’s interactions with the field operators revealed that although the platforms and ammunition procured by SEI were deployed for the NE operations, some of them were aged or expired, lacked spares and prone to breakdown without immediate recovery equipment.

“Therefore, failure to carry out pre-shipment inspection and inadequate training resulted in procurement of some unreliable equipment that reduced the capacity of the Nigerian Army in the North East operations and resulted in the loss of lives and equipment.”

On some payments to SEI on T-72 Tanks, the panel said the company made about $93,000,000.00 profit without paying the mandatory 5 per cent Withholding Tax(WHT).

It said: “SEI submitted a document to the committee reconciling the items it delivered to the Nigerian Army vis-a-vis the payments made to it by ONSA.”

According to SEI, the total value of the contracts it executed amounted to $909,065,824.00 and not the $883,315,000.00 reflected in the two contract agreements it signed with Nigerian Army.

Furthermore, SEI claimed that it delivered goods worth $697,718,168.00 whereas only $198,289,672.00 was paid to it by ONSA.

http://thenationonlineng.net/15bn-arms-deals-panel-traces-n2bn-five-children-ex-army-chief/
......... ... I will be interested in all these stories when Dambazau and Buratai are also probed as alleged.... Otherwise it us still APC victimization campaign.....

1 Like

Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by awoluyi(m): 5:29am On Aug 14, 2016
What do they do with the stolen money? Enjoy life at the expense of others! The righteous Rewarder of all deeds, either good or bad is watching. When the plunderer is plundered, the loots shall turn to gravel in the looters' mouths and they will discover that they have been working for the jackals.
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by ANAKONDA: 6:42am On Aug 14, 2016
adeusolu:



An active criminal is more dangerous than a redundant one. A government thaaat shields its corrupt officials is fantastically corrupt as aptly described by cameron


The Law of Karma is indefatigable and shall surely deal with all of them at its own time.
Re: $15bn Arms Deals: Panel Traces N2bn To Five Children Of Ex-army Chief by Nuesbab: 6:43am On Aug 14, 2016
The news about money that was mismanaged by the last administration is no more a big deal. We all know they stole. I think EFCC should just recover the money, prosecute the thieves and government should show us what the recovered money is used for. Then let's move on shikena

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