Jonathan:
Obasanjo is a miserable, wicked, old fool and a thief.

One of the most greedy, careless and wicked president to ever rule this county.

He sold Bakassi peninsula

Sold almost all our public companies

Increased petrol price from N20 to N75

The 16 BILLION DOLLARS he stole in the power project is enough to buy Nigeria 16000 wind turbine because an average wind turbines cost around a million dollars (16000 WIND TURBINES IS ENOUGH TO GENERATE 12000 MEGAWATTS OF ELECTRICITY)
Today, Nigeria cannot even boast of 8000 megawatts, a country of almost 200 million people while Japan with about 150 million can boast of almost 1000000 megawatts.

Obasanjo is supposed to die in prison.

ekems2017:
Am just surprise that all of a sudden Obasanjo is corrupt. I thought it was only Jonathan's government that was corrupt.

34webers:
Oya idiotic pigs of biamumus come and defend ur role model with explanation. While insulting buhari, dont forget to provide figures of what he "stole", not just some figures pulled from ur asses.

Paperwhite:
"OBJ is a courageous patriot & stateman who tells the truth to those in power when he is convinced leaders are going wrong."
President Buhari-March 4th. 2015.
Criticize the dullard & pronto he & his lapdogs will suddenly remember that one have a dusty file that needs to be probed.

nwabobo:
Did you read the article at all?

Beremx:
So Obasanjo is not corrupt? Lol

Jonathan:

Keep fooling yourself

Please list of the achievements of that senile bastard thief in his 11 years as head of state and president.

---

Some ignorant mumus will say he gave it gsm. How did Obasanjo give us gsm?
Is Obasanjo Nokia, sagem, Motorola Sony Ericsson or mtn, buddie, econet etc?

Just because gsm came into the country when ge was the president doesn't mean that he brought it or gave us.

34webers:
Oya idiotic pigs of biamumus come and defend ur role model with explanation. While insulting buhari, dont forget to provide figures of what he "stole", not just some figures pulled from ur asses.

sorom4:
OBJ should answer for the power but my problem with Buhari is that he ONLY goes after those who castigates him. Some days ago; he was the one that praised OBJ during his birthday but immediately he criticized Buhari; his corruption case was brought forward.

If Buhari hears that the dead Abacha criticized him from the grave....he no go happy and his belief that Abacha is not a thief will immediately change. He will even ask EFCC to go and exhume his body and charge him to court

MPESA:

NA BECAUSE BABA IYABO DON TALK AGAINST PMB AND APC ADMISTRATION.
NA WETIN I KNOW SELF NO BE THEM, OBJ NA PART OF OUR PROBLEM TOO AND BABA ALSO FOLOW SELL PMB TO US BECAUSE OF MATTER WEY DHEY BETWEEN HIM AND GEJ.
SHALOM.

globalresource:
[i
What EFCC found

The EFCC said based on its own investigation, Bells Schools started off in 1991 with two blocks of burnt bricks hostels, one each for boys and girls, as well as a few number of classrooms.
“That by 1998 two additional blocks of hostels were added, again one each for both and girls. Investigations revealed that these blocks of hostels were built by direct labour contrary to the claims in the petition that it was built by Strabag Construction Company Limited,” the report said.
The report noted that Strabag Construction Company never participated in building the sports complex or hostels at any of Mr Obasanjo’s institutions.
On the Defence contracts, the EFCC said investigators showed that the Ministry awarded contracts ranging from military equipment to other related hardware valued at about ₦6.7 billion, $28 million, €26 million, DM6 million.

“All documents pertaining to importations, bank statements, payments and supplies made by Ministry of Defence were scrutinised and nowhere did it show that any benefit accrued to any individual or group associated or in any way linked to Chief Olusegun Obasanjo,” stated the report.

On the various contracts awarded by the NNPC and the Petroleum Ministry, the investigators also found that contracts valued at over $300 billion and ₦500, awarded to over 20 different companies, were neither directly nor indirectly linked to Mr Obasanjo.

The report’s findings on the Presidential Library showed that its fundraising launch on May 14, 2007, realised ₦3.5 billion and $250,000. Of that sum, ₦1.3 billion was paid to the project contractor, Messrs Gitto Construction Company of Nigeria, as well as the sub-contractors and the project consultants.

On May 26, 1999, three days before he was sworn in as President, Mr Obasanjo entered into a Trust Agreement with Lucky Egede, a lawyer, and Daniel Atsu, whose both addresses were situated at Obasanjo Farms Nigeria Limited, Ota, Ogun State to handle the affairs of the entire farm, according to the report.

The former president’s name was also removed from the list of Directors of the Farms in 1999 when he was going into public office, the report added.

The Trust Agreement with Messrs Egede and Atsu were terminated immediately after Mr Obasanjo left office in 2007.


“That investigation revealed that the Obasanjo Farms had steadily grown its balance sheet over the year (sic) through credits obtained from various banks long before he was president,” stated the report.

“That between 1988 and 1998, over ₦41 million was borrowed from First Bank, Union Bank, NAL Merchant Bank, Afribank, and UBA and this was used to grow the Farms while proceeds through profits were reinvested into farms.

“These loans, it was gathered during investigation, had since been repaid.”

On the Transcorp shares, the EFCC said the blind trust managers of the former president’s businesses approached the UBA for ₦500 million credit with which they bought 500 million units of Transcorp shares as ₦1 each.

“It was also revealed that the shares were used as collaterals and when the president was approached on the matter, he opted to yield back the shares to UBA as it became apparent that this has a strong public concern.

“The decision he took was to return it to UBA where it had been warehoused all along.”

The EFCC further stated that between 1999 and 2007, the PHCN received over ₦273.65 billion and not ₦521 billion and that the appropriation was for its day to day activities, including generation of electricity, transmission, and distribution.


The various contracts awarded in relation to electricity generation, according to the report, amounted to ₦22 billion, $445 million, and €29 million.

“All the documents relating to payments have been checked and scrutinised and there was no reference whatsoever to the former president, his relations, or any front benefitted from the contracts.”

The report further stated it could not establish that Mr Obasanjo diverted public funds for the pursuit of his ‘Third term’ agenda even after the Commission “threw public challenges soliciting for evidence from anti-third term forces in the National Assembly.”

“Going by the evidence from the facts assembled during the course of the investigation, Chief Olusegun Obasanjo could not be directly linked with the allegations,” the report concluded.

Source: https://www.premiumtimesng.com/news/headlines/269831-inside-efcc-report-on-corruption-allegations-against-obasanjo.html

buhariguy:
the sa thief obj also agreed with me that buhari is the best thing that ever happened to Nigeria.

But today, he change his mouth, because buhari no see tipper not to talk of the driver driving the tipper.
Buhari was minding his business when thief obj distracted him to look his direction.

BoboKush:


Nokia.. Mtn... Econet etc just stroll and start operation na..... Ode

mathinips:
just discovered most nairalanders don't read before commenting. Most comments above shows that clearly.

The write-up by the OP shows OBJ was exonerated from corruption base on EFCC investigations findings

Read this �

34webers:
Oya idiotic pigs of biamumus come and defend ur role model with explanation. While insulting buhari, dont forget to provide figures of what he "stole", not just some figures pulled from ur asses.

Baybat:
This must be Larmode report . A construction work like Bell even if done through Direct labour what about the funding? Where did the fund come from?.
It was visible to even the blind when constructions was going on , the equipment , tractors and the white people , All are also direct labour .No be so