As controversy over the $43 million discovered by operatives of the Economic and Financial Crimes Commission (EFCC) in an apartment in Ikoyi, Lagos continues, Nigerian Times investigation has revealed that the money actually belongs to the National Intelligence Agency (NIA).

The money, Nigerian Times checks with top intelligence sources, was warehoused at the NIA safe house for the purpose of purchasing weapons for the Nigerian military through back channels after the American government had blocked official avenues for weapons purchase by the Nigerian government under former president Goodluck Jonathan. It was also meant to be used in carrying out other clandestine operations on behalf of the Nigerian government.
The origin of the discovered millions dates back to 2013 when former President Goodluck Jonathan visited Israel. The official story put out at the time was that Jonathan, who went to the Middle East state with a sizable number of aides, was on a pilgrimage to Jerusalem.

The reality however, was that he went to seek the help of the Israeli government in the procurement of weapons. At the time the Jonathan administration was finding it difficult to procure weapons in the open market as the Americans, citing human rights abuses, had blocked every avenue open to the Nigerian government to acquire weapons to fight off the insurgency in the north east of the country.

The American government had turned on the squeeze after the Baga massacre of early 2013 where hundreds of civilians had been killed and some human rights groups had accused the Nigerian military of being responsible for the killings.

In that 2013 trip to Israel, Jonathan had met with Prime Minister Benjamin Netayanhu who advised him to source weapons in the “black market”. It was pursuant to this advice that the Nigerian government sought to purchase weapons through back channels in South Africa in late 2014,with Jewish middle men, which backfired after the South African government seized the sum of $15 million found in a plane in South Africa.

A source in the intelligence community told this paper that the Jonathan administration had informed President Zuma of its intention but the matter had run into a hitch after the United States Government had tipped off the South African intelligence agency, which had been kept in the dark by the Zuma and the Nigerian government.


http://nigeriantimes.ng/news/exclusive-43-million-cash-discovered-by-efcc-meant-for-purchase-of-arms/

Ok

...and controversy continues...

Nice cover up jare...

I thought this was the same money being 'shared' by some 'accussed' abi its the double side of the money being reportedly discovered by the efcc...

So many cover-up and double standards...

Abi I lie ni?

I rise...

Hahahahahahahahahahahaha

Tomatoes seller says he owns the money.

Fingers pointed at Amechi as the owner which he denies.

NIA initially denied ownership of the cash.

Governor Wike says it belongs to Rivers state.

Now we hear it's for arms via black market. Oya ask Dasuki if he were the one that kept the cash there. I know he will vehemently deny too. So we will be back to square one again.

This is very annoying and irritating from these people, especially the NIA.
Now, in advanced climes from where we borrowed the intelligence agency- NIA, the equivalent of CIA in Nigeria, if they get busted for a covert operation, they deny everyone and everything. Its here in Nigeria all secret agencies bare it all. In Nigeria we never follow global best practices.
Its annoying.

Am sure, a very close APC member to bihari owns that money

Story story story

Lol... BMC doing what they do best

This writer tried sah but he/she need to try more next time

This spin is Dead on Arrival

So the money is not for covert operation for the period of 20yrs again.nawah ooo.BMC

AngelicBeing:
Not again, useless presidency, useless government, useless sin-ators, useless institutions, what a jungle, in all this , l pity the masses, what a country, what a jungle, next news jare, trust this useless government at your own peril, l am certain this money belongs to someone in this current useless government, how l wish this jungle is a sane clime, citizens would have been on mass civil disobedience but hey this is Nigeria where white is called black, useless government, can something like this happen in the US, UK, AUSTRALIA, NEW ZEALAND OR ANY SANE COUNTRY, AND THERE WILL BE NO UPROAR, ONLY IN A JUNGLE CALLED NIGERIA, NONSENSE

.....womanbeing!
are you soak on something?
how can you take all the nation for rubbish?
for how long do I tell you that the money belong to pdp!

[s]

oyinkinola:

.....womanbeing!
are you soak on something?
how can you take all the nation for rubbish?
for how long do I tell you that the money belong to pdp!

[/s] Hian, you call me a womanbeing, lie down, oya olokpa give him 90,000 lashes

The question Fayose asked and the NIA have not been able to answer is when did private houses start being banks for government agencies? Is it that the Ikoyi home belong to Government? Or private individuals?

All these bloggers and their concocted lies. NIA housing $43m for nearly 2 years and the Presidency is not aware? Who believes this nonsense, sourceless crap?

Mtcheew...

[quote author=oyinkinola post=55630158][/quote]

If U can believe this...
then U should also believe that
No Politician has ever stolen any money in Nigeria.

Lol... Same excuse used by the jonathanians few years ago...

anoda damage control junk to decieve d gullible. first they say ikoyi loot was PDP's campaign money, now they ar saying d loot was meant to buy arms. i wonder wat concoction they will cook next. govt of lies n propaganda. buari's govt web of lies will set d tone for its downfall.

These people are thieves, and big thieves for that matter including the one claiming to be fighting corruption.

Why wouldn't NIA use a house they have exclusive control of? Why an apartment in an apartment building? Makes ZERO sense.