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Osinbajo Must Answer For N5.8b Fraud, Reps Insist - Politics - Nairaland

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Osinbajo Must Answer For N5.8b Fraud, Reps Insist by chidima2019: 5:58am On Nov 14, 2018
• Indictment flawed, baseless, says vice president
• ‘Ex-Gov Shema used N5.7b SURE-P funds for politics’

The House of Representatives ad-hoc committee on Emergency and Disaster Preparedness yesterday offered insight into why it indicted Vice President Yemi Osinbajo on the alleged diversion of N5.8 billion meant for emergency intervention in the north east.

The Chairman of the committee, Mr. Ali Isa J.C., who addressed reporters at the National Assembly Complex in Abuja, explained that there was no way Osinbajo could be exonerated from the alleged mismanagement of the fund.

Isa said: “Yes, of course, he (Osinbajo) does have questions to answer. He may have questions to answer because he is the chairman of the governing council of National Emergency Management Agency (NEMA) and he was the acting president that gave the approval.”

To justify his position, he brandished a memo (reference number SH/OVP/DCOS/HMF/010), dated June 1, 2017, which drew the attention of the former finance minister, Mrs. Kemi Adeosun, to an approval for the purchase of 30,905,08 metric tonnes of grains worth N5,036,644,933.26 and the cost for logistics and distribution of the grains put at N829,026,456.

The lawmaker also brandished another memo (HMF/FMF/CBN/FOOD/1/2017) dated June 2, 2017, in which Central Bank Governor, Mr. Godwin Emefiele, drew the attention of Adeosun, Osinbajo and the Accountant General of the Federation Ahmed Idris to the payment instruction for the aforementioned amount of money.

He further claimed that in breach of laid down procedure, the money was paid directly to five companies: Dangote Rice Limited (N936.1 million); Golden Agric Input Limited (N1.3 billion); BUA Rice Limited (N1.3bn); WACOT Limited (N453.6 million); and WACOT Limited (N939.9 million) while NEMA received N829 million for the transportation of the goods.

Isa, who insisted the report was not politically motivated, urged anti-graft agencies not to shirk their responsibilities by bringing to book anyone found wanting in the alleged theft.

In a report adopted last week, the House had indicted top government functionaries involved in the approval, processing, release and diversion of the money on the ground that they contravened the provisions of Section 80 (2) of the 1999 Constitution as amended.

But a statement by Osinbajo’s spokesman, Laolu Akande, criticised the committee’s “conclusion”, describing it as “false and misleading.”

The statement reads in part: “These presidential approvals were well within the clear constitutional authority of the acting president, who needed to take emergency steps to forestall acute food shortages in the affected states and there was nothing illegal or unconstitutional about them. The approvals were duly communicated by the Deputy Chief of Staff to the Central Bank Governor, Director General of NEMA and the Minister of Finance for implementation.

“On account of the emergency nature of the procurement, the House committee’s assumption that the ordinary rules of procurement would apply was wrong. Section 43 of the Public Procurement Act makes provision for emergency procurement, in which case the procuring entity is allowed to engage in direct contracting for goods and file a report thereafter with the Bureau of Public Procurement.

“It is also wrong to assume that taxes and interests accruable to government from these transactions in food items were deliberately ignored or waived by neglect. Of course, we expect that any loans advanced to any of the companies would be recovered with the agreed interests, and that any profits made by such companies would be liable to tax in the usual manner.

“The suggestion that the grains were never delivered to the target states is also blatant falsehood. In actual fact, in order to ensure effective distribution of the grains, an Emergency Food Intervention Project Team was established, consisting of the Director General of NEMA and representatives of the National Security Adviser, Chief of Defence Staff, Chief of Army Staff, Chief of Naval Staff, Chief of Air Staff, Department of State Security, Nigeria Police and the Presidency.

“The committee also worked with respective State Emergency Management Agencies, as well as humanitarian agencies such as World Food Programme, International Committee of the Red Cross, and the United Nations Office for the Coordination of Humanitarian Affairs. Deliveries were publicly made directly to the intended beneficiaries.

“In fact, the then acting president personally inspected the electronic truck-tracking unit established in Maiduguri for the purpose of monitoring the transportation and flagged off the food distribution on June 8, 2017. Besides, there was the integration of a robust monitoring and evaluation system into the operation, in order to facilitate a transparent and accountable process.

“Therefore, all insinuations on this matter regarding purported indictments and perceived violations of due process or the constitution are baseless and totally false. Such interpretations are flawed and should be utterly ignored.”

This came as the Peoples Democratic Party (PDP) asked Osinbajo to desist from “juggling figures” and “making false claims about the nation’s debt profile.” Accusing him of “playing to the camera”, the opposition party said: “Osinbajo is challenged to present to Nigerians the empty scorecard of APC’s failed administration, for which President Muhammadu Buhari has now lost his carriage as a leader.”

In a statement by its national publicity secretary, Kola Ologbondiyan, in Abuja yesterday, the PDP claimed “Nigerians are alarmed that Osinbajo, a professor of law, has allowed himself to be turned into a vendor of propaganda and false claims for a corrupt administration now hanging on straws. He is the head of Buhari’s bungling economic team and should therefore, not in anyway, parade himself as if he has no blame at all in the manifest failures of this administration.”

In another development, Mr. Nasiru Ingawa, a one-time special adviser to former governor Ibrahim Shema of Katsina State on SURE-P, yesterday told a Federal High Court in Katsina how Shema allegedly directed him to use about N5.7 billion state SURE-P (Subsidy Reinvestment and Empowerment Programme) funds for politics during his tenure.

The adviser testified at the resumed hearing of a fraud case against Shema.

The News Agency of Nigeria (NAN) reports that Shema is standing trial before the court on a 26-count charge bordering on fraud, in contravention of Section 15(2d) of the Money Laundering Prohibition Act, 2011, as amended. The offences are punishable under Section 15 (3) of the Act. The Economic and Financial Crimes Commission (EFCC) preferred the charges.

Ingawa told the court that he was the special adviser to Shema on SURE-P from June 2014 to May 2015. He said: “I remember him (Shema) telling me that we were going to use the funds for politics and that we would extract our savings from there.” He said they wrote memos for certain programmes and used half of the money, while the remainder went into savings.

Ingawa also said that the department made direct purchases from which a certain percentage would go into savings. He noted that sometimes, they wrote memos for programmes not implemented at all.

After the evidence, the prosecution counsel, Mr. O. I. Uket, applied for adjournment, which the defence counsel did not object to.

Justice Hadiza Rabiu Shagari adjourned the case till January 14, 2019, for the continuation of the trial.

https://www.google.com.ng/amp/s/guardian.ng/news/osinbajo-must-answer-for-n5-8b-fraud-reps-insist/amp

3 Likes 1 Share

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by EricBloodAxe: 6:09am On Nov 14, 2018
The thieving pastor VP and his certificate forging lifeless master in thief will totally ravage, loot and finish this country and her citizenry before May 29, 2019.

118 Likes 7 Shares

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by ALARAPE22(m): 6:12am On Nov 14, 2018
Chaiii...... deris God ooooo

12 Likes

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by MrAJQ(m): 6:20am On Nov 14, 2018
The NASS don't understand or understand but decides to ignore the full contest of Nigeria constitution.

The picture below explain the PDP in full context

24 Likes 7 Shares

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by Youngbbt: 6:21am On Nov 14, 2018
. . . . . . still a saint in the eyes of our dear MR President

18 Likes

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by mbaboy(m): 6:23am On Nov 14, 2018
Osibanjo has sold his soul to the devil

65 Likes 1 Share

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by Nobody: 6:24am On Nov 14, 2018
even pastors are now stealing


this is the worst government I have ever seen in Nigeria.

62 Likes 2 Shares

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by Olatunji1929: 6:24am On Nov 14, 2018
Osinbajo is a thief he is a bastard osinbajo symbolized fraud he is what we called green snake under the green grass we association of yoruba with functional brain (AYWEB)reject him we have disowed him and his lifeless boss

60 Likes 3 Shares

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by SouthEastFacts: 6:27am On Nov 14, 2018
So Pastor is a thief?

20 Likes

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by Elayna(f): 6:27am On Nov 14, 2018
Yahoo government scamming 180 million people daily

56 Likes 4 Shares

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by CilicMarin: 6:28am On Nov 14, 2018
Useless Rep!

8 Likes 2 Shares

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by cyberguy72(m): 6:35am On Nov 14, 2018
MrAJQ:
The NASS don't understand or understand but decides to ignore the full contest of Nigeria constitution.

The picture below explain the PDP in full context
Empty Vessel

47 Likes 2 Shares

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by NaijaRoyalty(m): 7:04am On Nov 14, 2018
CilicMarin:
Useless Rep!

Because they indicted your thieving pastor cum vice president ? cheesy

57 Likes 1 Share

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by Jax1: 7:09am On Nov 14, 2018
This pastor don become thief overnight.

Lesson: Don't roll with a thief if u don't wanna be seen as one.

6 Likes 1 Share

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by yerokunphilips: 7:14am On Nov 14, 2018
CBN made the proposal for approval of 30,905.08 Metric Tonnes at N5,229,685,333.26. Of that amount
These presidential approvals were well within the clear constitutional authority of the Acting President, who needed to take emergency steps to forestall acute food shortages in the affected States and there was nothing illegal or unconstitutional about them. The approvals were duly communicated by the Deputy Chief of Staff to the Governor of Central Bank, Director General of NEMA and the Minister of Finance for implementation.
Hatred and tribalism have blinded some people sense of reasoning ,love for others and fear of God .there was an emergency ,a good leader will first come to recused of his people first , the guy was the acting President for God sake . Okay should have awaited for the National Assembly to approval the money,which may take weeks or months before giving the money for the people to eat . Thank God is not that he used the money to pay personal bill, or approved it for his family members . It's for Nigerian in distress . I PRAY THAT NON OF US WE PASS THROUGH WHAT THOSE PEOPLE IN IDP CAMP IS PASSING THROUGH .

24 Likes 2 Shares

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by yeyeboi(m): 9:05am On Nov 14, 2018
Ok
Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by Racoon(m): 9:06am On Nov 14, 2018
"....It is not from me, it is from her (Adeosun), the Minister of Finance, it is herein stated that his money should be paid directly to the said companies without signing any agreement with the companies, without giving them award letter, without any procurement process. Money was paid into their accounts.”

And when the committee tried to find out about what happened with the procurement, everybody transferred blame.

“When we asked NEMA, NEMA said we should ask the governing council; that it was directed by the governing council, that they were only paid over N800m and the other N5bn was paid directly to the companies on the directives from ‘above.’”
Osinbajo truly have questions to answer.You can not expend funds from a government consolidated revenue account without the consent of the NASS.

Buhari did same with Tuscano jets issue with the silly anticipatory approval by the NASS.Shamelessly VP is a SAN and that should have made him know better the constitutionality of his action.This impunity must stop.

So VP Osinbajo should better speak up now and clarify this damning allegation instead of prevaricating in the trademark APC way so that this case does not end up like that of Madam Kemi Adeosun,Lawal Babachir,Maina etc.

17 Likes 1 Share

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by Rebuke: 9:06am On Nov 14, 2018
I tot they said he was never indicted.

I like this man, he is an intelligent man that I have so much respect for, anytime. But I am disappointed wit the party he has chosen to pitch his tent with.

APPC is the most deceitful party in existence ever. The lies, propagandas, cover up and damage control efforts seen in this party is jxt too much.

Sorry, APC is a party of lies, wickedness, and all manner of deceit. Smelly party, alwys lying and defending thier evil acts undecided

19 Likes 1 Share

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by rxmusa(m): 9:06am On Nov 14, 2018
You can't put a dint on this man's hard-earned integrity.

“We must crack down on safe havens for corrupt assets. I also advocate sanctions by professional bodies against transactional middlemen (lawyers, bankers, brokers, public officials, etc.) who facilitate Illicit Financial Flows.”
“I would like to reiterate that the Government of Nigeria remains open and is ever willing to continue to identify and share experiences and strategies to give life to the ideas that will lead to winning the fight against corruption.”
“Our experience in Nigeria is that financial crimes, such as corruption and fraudulent activities, generate enormous unlawful profits which often prove so lucrative that the threat of a jail term is not sufficient to deter perpetrators.”
“A more powerful deterrent is to ensure that profits and assets generated from illicit financial flows and corruption are recovered and returned to countries of origin.”
“This is not to under-estimate the value of strong institutions. It only indicates that asset recovery represents significant deterrence compared to the traditional focus on obtaining conviction by the law enforcement agencies of the countries of origin.”
Muhammadu Buhari GCFR
President and Commander-In-Chief of the Armed Forces
Federal Republic of Nigeria

9 Likes 3 Shares

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by kenex4ever(m): 9:07am On Nov 14, 2018
Osunbade ole burukutu

11 Likes

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by Omeokachie: 9:07am On Nov 14, 2018
Pastor don chop we moni

Moment im don dey snap pictures with strippers, I knew de man don waka far cheesy

1 Like

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by legibow: 9:07am On Nov 14, 2018
Don't you all have better things to do Than raise issue that you won't see true.... 5.8b
Na wa....

5 Likes

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by Nobody: 9:07am On Nov 14, 2018
Yes he must answer, what did he do with the moneyundecided

2 Likes

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by stcool(m): 9:07am On Nov 14, 2018
yerokunphilips:
CBN made the proposal for approval of 30,905.08 Metric Tonnes at N5,229,685,333.26. Of that amount
These presidential approvals were well within the clear constitutional authority of the Acting President, who needed to take emergency steps to forestall acute food shortages in the affected States and there was nothing illegal or unconstitutional about them. The approvals were duly communicated by the Deputy Chief of Staff to the Governor of Central Bank, Director General of NEMA and the Minister of Finance for implementation.
Hatred and tribalism have blinded some people sense of reasoning ,love for others and fear of God .there was an emergency ,a good leader will first come to recused of his people first , the guy was the acting President for God sake . Okay should have awaited for the National Assembly to approval the money,which may take weeks or months before giving the money for the people to eat . Thank God is not that he used the money to pay personal bill, or approved it for his family members . It's for Nigerian in distress . I PRAY THAT NON OF US WE PASS THROUGH WHAT THOSE PEOPLE IN IDP CAMP IS PASSING THROUGH .

stfu with your foolish defense!

9 Likes 1 Share

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by Billygee2u: 9:07am On Nov 14, 2018
chivera018:
even pastors are now stealing


this is the worst government I have ever seen in Nigeria.
That's it.
He has joined them to loot Nigeria dry.Since the original Buhari can't be seen again,all of them are hustling to liquidate Nigeria treasury and Zombies are cheering them.
It's not the imposter Buhari that's stealing, it's the cabals ruling Nigeria.Since last year January, Nigeria is being ruled by the military,if you like accept this truth or not, truth must prevail.

9 Likes 1 Share

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by NaijaRoyalty(m): 9:08am On Nov 14, 2018
I thought APC zombies , claimed Reps never indicted Osinbanjo

9 Likes

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by Nobody: 9:08am On Nov 14, 2018
This country Don tire me.

I spit on sarrrki

I spit on BMC

I spit on PDP

I spit on APC

I spit on all the useless youth on nl defending all this old evil Nigeria politicians


I spit on nnamdi kanu who was once a genuine man seeking freedom now he's paid to lie and distract his people from voting making them backward more and more in Nigeria politics.


I spit on

4 Likes

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by Imoh555(m): 9:09am On Nov 14, 2018
The End is near.... Tinubu warming up

2 Likes

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by TonyeBarcanista(m): 9:09am On Nov 14, 2018
1. Osinbajo Illegally Approved Release of N5.8 Billion
Presenting the committee’s report for consideration during plenary on Thursday, the chairman of the committee, Ali Isa (Gombe). said as the then acting president, Mr Osinbajo illegally approved the release of N5.8 billion in June 2017 from the Consolidated Revenue Fund Account to NEMA.

The committee chairman, Ali Isa, while presenting the report said the authorisation for the release of the fund for emergency food intervention in the North East contravened Section 80(4) of the 1999 Constitution as amended.

The section states that, “No money shall be withdrawn from the Consolidated Revenue Fund or any other public fund of the federation, except in the manner prescribed by the National Assembly”.


2. Osinbajo Authorised It And Ensured That Taxes Accruable To FIRS were not deducted nor did He Seek Approval of FEC

The lawmakers also stated that the authorisation did not follow due process as taxes and interest accruable to the government were not deducted or remitted to FIRS and no meeting of the Federal Executive Council approved the contracts.

3. The Monies Were Shared To Individual Banks And Violated The Law on Approval Limit
The committee said the funds were credited directly to the individual banks of the companies and NEMA’s bank account, in violation of the approval limit allowed by law.

4. How Osinbajo And Friends Shared The Money
The committee said out of the N5.8 billion, NEMA got N829 million for logistics and claimed it spent N369.5 million on general logistics; N189 million on branding and packaging; N248.6 million on branding and packaging and N21.9 million on contingency.

5. Committee Report Was Adopted
The House, adopting the recommendations of the report, called for the dismissal and prosecution of the director-general of NEMA, Mustapha Maihaja, for fraud, corruption and embezzlement of N33 billion Emergency Intervention Fund, as well as all the government officials involved in the approval, processing, release and diversion of the fund.

It also said the Central Bank of Nigeria, being banker to the federal government, should not have been involved in giving loans to private companies and as such, should be investigated for the N2 billion loan said to have been given to four named companies.

The committee’s investigation of NEMA covered the release of N5.8 billion and N3.1 billion emergency food intervention of food security in the North East in 2017; the 6, 779 metric tonnes of rice donated by the Chinese government to IDPs in the North East and the payment of about N800 million demurrage on the donated rice.


The committee stated that N33 billion was lost by the federal government due to Mr Maihaja’s mismanagement and outright embezzlement of funds.

6. The House Called For Sack Of DG-NEMA
The House unanimously agreed to ask President Muhammadu Buhari to relieve the director-general of NEMA of his duties and hand him over to relevant authorities for prosecution.

7. Fellow Nigerians What Happens To Yemi Osinbajo?


Articles was sourced from Premium Times

https://www.premiumtimesng.com/news/headlines/294766-breaking-reps-panel-indicts-osinbajo-calls-for-sack-of-nema-boss.html

Written by Tonyebarcanista

Let's Make Nigeria Working Again...

10 Likes

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by Okoyeebo: 9:09am On Nov 14, 2018
Olatunji1929:
Osinbajo is a thief he is a bastard osinbajo symbolized fraud he is what we called green snake under the green grass we association of yoruba with functional brain (AYWEB)reject him we have disowed him and his lifeless boss

4 Likes 1 Share

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by Kennedy94(m): 9:09am On Nov 14, 2018
we are in era of change
But the type of change here is the chameleons style of change

7 Likes

Re: Osinbajo Must Answer For N5.8b Fraud, Reps Insist by RTSC: 9:10am On Nov 14, 2018
Thieving Clown that wants to be president.

President of Yoruba land maybe.

na abokii go first deal with you before the rest of the south completes it.

11 Likes 1 Share

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