Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,195,070 members, 7,956,993 topics. Date: Tuesday, 24 September 2024 at 02:05 AM |
Nairaland Forum / Nairaland / General / Politics / Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment (62731 Views)
21-storey Business Tower By Akwa Ibom State Govt. To Gulp Another N13billion In / How CBN Gave NIA The N13 Billion Uncovered In Ikoyi, Lagos, Apartment / Whistleblower Narrates What Transpired In The Lagos Apartment Where EFCC Seized (2) (3) (4)
(1) (2) (3) ... (5) (6) (7) (8) (Reply) (Go Down)
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by Keballl: 4:29pm On Apr 15, 2017 |
tHE DELUSIONAL ARESSA/ARESA IS HERE TO ENTERTAIN US. lmao. |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by Splashme: 4:32pm On Apr 15, 2017 |
greatgod2012: |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by deomello: 4:38pm On Apr 15, 2017 |
Obanikoro refunds N134m to EFCC, promises N450m more in 2017 See looters returning propaganda money that was never stolen. |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by Keballl: 4:42pm On Apr 15, 2017 |
Aresa, we wtill haven't seen any proof that Dasuki stole $2.1 billion dollars. Kiakiakiakiakiakiakiakiakia !! |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by deomello: 4:43pm On Apr 15, 2017 |
N1.3 billion Scam Iyiola Omisore Returns N100 million to EFCC Why are these looters returning stolen funds that was never stolen and was all propaganda. Too many corrupt minds and illiterates on NL for real. |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by deomello: 4:46pm On Apr 15, 2017 |
Jafaru Isa refunds remaining N70m to EFCC Another looter returned propaganda money that was never stolen. |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by deomello: 4:48pm On Apr 15, 2017 |
Metuh Willing To Refund N400m He Received From Dasuki To FG – Lawyer Even Metuh sef won return propaganda money. |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by deomello: 4:52pm On Apr 15, 2017 |
The Sun newspaper returns N9million it got from ex-NSA, Dasuki Sun too returned Dasuki propaganda money that was never stolen. |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by deomello: 4:53pm On Apr 15, 2017 |
This is why you should never argue with ignorant and corruption loving ipob trolls on NL. |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by Jessestunch: 5:55pm On Apr 15, 2017 |
deomello: Stupidity is when you come online and type rubbish and support it with another rubbish.. You said 2billion US dollars but you are coming up with a fishy document of 300million US dollars and 5.5m pounds.. Are you this stupid? How does that piece of paper justify your 2 billion US DOLLARS claim? And below is GEJ denial of ever approving such contract www.vanguardngr.com/2015/11/2b-arms-procurement-jonathan-finally-speaks/ |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by thinkdip(m): 6:41pm On Apr 15, 2017 |
greggng:Ode |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by deomello: 6:45pm On Apr 15, 2017 |
[s] Jessestunch:[/s] Stupidity is when you lack the capacity to read and comprehend before jumping all over the place. I never asserted that GEJ awarded contract, I said GEJ approved the release of the 2 billion shared by Dasuki and the finance minister Okonjo officially released the memo she sent to GEJ for approval to release the funds to Dasuki which he did. I don't even know where in this thread it was stated that GEJ awarded contract and there is a difference between contract award and approval of funds. Did GEJ deny approving the money Dasuki shared? No If you are going to argue, argue based on what was said and also first learn how to read and comprehend. |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by thinkdip(m): 6:45pm On Apr 15, 2017 |
MidasTouche01:Where have you been and where do you come from that you are talking like a dumb guy, who told you these money aren't kept in a bank or a classified account...who told u abeg? |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by MidasTouche01(m): 6:54pm On Apr 15, 2017 |
thinkdip: Why can't u say what u want without insulting me? 1 Like |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by chrisxxx(m): 8:38pm On Apr 15, 2017 |
deomello:I have told you as an inspired insider. |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by deomello: 9:03pm On Apr 15, 2017 |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by chrisxxx(m): 9:54pm On Apr 15, 2017 |
deomello:The facts as evidence trails are incontrovertible. Res ipsa loquitur. |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by coolplanet: 10:04pm On Apr 15, 2017 |
dre11: Hmmm.this is just a distraction of not paying the whistle blower.what is his/her gain now.they must pay him by keeping to their promise o.Government money by mistake or not |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by deomello: 11:07pm On Apr 15, 2017 |
chrisxxx: chrisxxx: You are not any kind of insider in anything, you are just another GEJ ipob troll on NL. |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by chrisxxx(m): 12:22am On Apr 16, 2017 |
deomello:Apology Afonja |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by gabng(m): 12:51am On Apr 16, 2017 |
#Revelations The contents of the article below lends credence to the narrative the the ikoyi apartment funds emanated from the $289 Million suspicious disbursement in 2015 to the NIA by the previous administration in the run up to the 2015 election's. Nigeria: Buhari’s 2016 budget continues use of secretive ‘security votes’ BY MATTHEW PAGE JANUARY 14, 2016 Nearly $50 million has been set aside in unaccountable items notorious for being misdirected. Nigerian security forces in Kaduna. Credit: Mr Ulster. Nigerian security forces in Kaduna. Credit: Mr Ulster. Under President Muhammadu Buhari, the fight against corruption in Nigeria has unquestionably turned a corner. Shortly after taking office in May, he vowed to “plug revenue leakages”, made sweeping changes in the notoriously corrupt Nigerian National Petroleum Corporation (NNPC), and took steps to tighten control over public spending. He gave the Economic and Financial Crimes Commission free rein to pursue former officials, several of whom have been arrested. However, despite these advances, Buhari’s 2016 budget raises awkward questions. According to official details just released by the Nigerian government’s Budget Office, the 2016 budget contains over 30 so-called “security votes”. In theory, security votes are catch-all line items inserted in the budget to give recipients the flexibility to cover ad hoc security expenditures. But in practice, they are opaque slush funds that officials have long used to embezzle state funds or redirect them for political purposes. Security votes are distinct from the type of extra-budgetary defence spending that may have been misdirected or stolen by the previous government, but they resemble them insofar as they are spent with scant legislative oversight or outside scrutiny. In light of his record and rhetoric, Buhari’s decision to use security votes raises doubts about whether his anti-corruption strategy is comprehensive enough to put Nigeria back on track. Thinly-veiled theft A relic of military rule, security votes were used to siphon public funds during Nigeria’s Second Republic from 1979 to 1983. In fact, when the military overthrew the government and Buhari became a military head of state in 1983, he arrested former officials and investigated fellow military officers for embezzling security funds. Max Siollun suggests that these actions contributed to Ibrahim Babangida’s decision to topple Buhari in 1985. And under Babangida and later Sani Abacha, the use of security votes as a tool for self-enrichment was perfected and institutionalised. Following Nigeria’s 1999 return to civilian rule, soldiers-turned-civilian officials such as President Olusegun Obasanjo and former National Security Adviser Aliyu Mohammed Gusau ensured that security votes survived. Although it makes sense that a few select military and intelligence expenditures should remain classified even in a democracy, the widespread use of security votes by federal, state, and even local officials is anathema to norms of transparency and accountability. Yet top politicians have long turned a blind eye to the practice or even attempted to excuse it. As one now-opposition party heavyweight recently griped: “Why are we probing security votes now? You see, security votes to my understanding can be used for native doctors, it can be used to hire Alphas [soothsayers] and it can be used for churches to pray for the country. It can be used for even sponsoring things.” And the winners are… In Buhari’s proposed 2016 budget, the top ten security votes amount to about N9.3 billion ($46.5 million), which his 25% less than the equivalent amount tucked into his predecessor President Goodluck Jonathan’s 2015 budget. Although these votes make up less than one-half of one percent of overall recurrent expenditure in the 2016 Appropriation Bill, they represent huge windfalls for the handful of top officials entrusted with spending them. The 2016 budget contains a N576 million ($2.9 million) security vote for the National Security Adviser, even though the last NSA, Sambo Dasuki, allegedly diverted up to $2 billion from the security budget in office. Although 10% less than Jonathan gave Dasuki in 2015, the amount indicates that the political and financial pre-eminence of the NSA among Nigeria’s top brass will continue. As it did under Jonathan, the shadowy State Security Service (SSS) is set to receive the largest security vote in 2016: about N2 billion (roughly $10.4 million) or 10% less than last year. Since Buhari took office, the SSS has been increasingly assertive under the leadership of Lawal Musa Daura, who hails from the president’s home town. Daura has purged officers accused of misconduct and corruption from the top ranks of the SSS. Nigeria’s small foreign intelligence arm, the National Intelligence Agency (NIA), will enjoy a N1.2 billion ($6 million) security vote in 2016, a little less than it received last year. Buhari has retained Jonathan’s NIA director, Ayo Oke, who even joined the new president on his July 2015 visit to the US. Nevertheless, his stewardship of NIA finances have been called into question. A recent pbs documentary showed evidence that the agency received a suspicious disbursement of $289 million from the NNPC on the eve of the 2015 election, an amount more than twice its annual budget. Last but not least, the Ministry of Defence and the three branches of the Armed Forces are set to receive security votes totalling approximately N5 billion (roughly $25 million). This amount is about half of what they received in 2015. This reduction might reflect Buhari’s concerns about alleged financial malfeasance by the military under President Jonathan. Looking ahead President Buhari is undeniably working to root out and deter corruption from the top down. Nigerians elected him to do so and, to an unprecedented degree, he and his government are making progress. Yet the unfolding Dasuki affair should be a reminder that secretive security slush funds can easily end up paying personal, rather than operational, dividends. If the Buhari government continues to use security votes, it could at least work with the National Assembly to better monitor how such funds are spent. It could also enable citizen oversight by declassifying how the money was spent after two years. Having said that, even if he wants to maintain the use of these secretive funds, Buhari may soon find that as more embarrassing details of security sector corruption emerge, he has no choice but to address security votes, one of the most durable forms of corruption in Nigeria today. Matthew Page is an international affairs fellow at the Council on Foreign Relations. This article represents the views of the author and do not represent the official policy of the Department of State or the government of the United States. You can follow him on Twitter at @MatthewTPage. |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by akigbemaru: 5:46pm On Apr 16, 2017 |
gabng: |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by CrownStarPro(m): 1:05pm On Apr 18, 2017 |
Unimaginable123:But I didn't mention his name.. Nor did I post his pictures |
Re: Untold Story Of The N13billion Recovered From Ikoyi, Lagos Apartment by nwadiuko1(m): 2:42pm On Apr 18, 2017 |
LordAdam16:baba na careless yarn be this........let the time for snitching come first and we go knw who be SM |
(1) (2) (3) ... (5) (6) (7) (8) (Reply)
Oby Ezekwesili Shares Cryptic Post After Tinubu Got INEC'S Certificate Of Return / Saraki Shines As Atiku Campaigns In Lagos, Gives Lagosians 'Shaku' / Video Of Saraki's 'Attack' At The Praying Ground Earlier Today
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 94 |