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How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable - Nairaland / General - Nairaland

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How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by fergie001: 10:05am On Mar 18, 2021


President Muhammadu Buhari withdrew an approval for Babagana Monguno, the national security adviser (NSA), to buy arms worth $2.51 billion from UAE in 2017 because the would-be suppliers are commission agents, TheCable can report.

Buhari’s withdrawal of consent came after Abba Kyari, the late chief of staff, pointed out anomalies in the contract signed by Monguno on March 27, 2017 with the International Golden Group (IGG), the Abu Dhabi-based arms suppliers.

Also, following a N14 billion mark-up in an equipment purchase contract for the police by the office of the NSA in 2019, Buhari directed that henceforth, only the ministry of police affairs and the ministry of defence should be involved in arms procurement.

This effectively ended the involvement of the office of NSA in the process, a development believed to have affected his relationship with the president and service chiefs.

He recently alleged that the money approved for arms under the former service chiefs “is gone”.

TheCable also reported that Monguno does not have the kind of power and influence wielded by previous NSAs and looks increasingly isolated in the scheme of things.

Presidency officials in the know of the aborted arms deal told TheCable that Buhari had earlier instructed that no third parties or agents should be involved in arms purchase, maintaining that it must be a country-to-country transaction.

This is to make the contracts cheaper and protect the country from buying substandard arms and ammunition, he said.

In a letter dated April 5, 2017, Monguno had sought Buhari’s approval to pay $627 million “within eight days” to IGG as the 25 percent deposit for the supply of arms, ammunition and equipment to Nigerian armed forces.

Monguno, a retired major general and former commander of brigade of guards, also requested that the payment should be made from the excess crude account (ECA).

The only document the NSA attached to the letter was an IGG invoice, which did not carry any address or even the name of the signatory.

It only had IGG’s account details at First Gulf Bank in the UAE as well as the amount to be paid.

BUHARI WITHDRAWS APPROVAL



Monguno alleged that Kyari (right) was interfering in military affairs after the late Chief of Staff's objection to the involvement of commission agents in the purchase of arms

As it turned out, IGG is not a government agency but a private company in which the UAE had an interest.

This was unlike the other arms supply contracts Nigeria entered into — on a government-to-government basis — with the US and China which the defence ministers of the countries signed.

The IGG agreement stipulated clearly that the company would be sourcing the arms and ammunition from the UK, US, EU, Asia and South Africa — a confirmation that they are not manufacturers but commission agents.

Meanwhile, the Central Bank of Nigeria (CBN), which was to make the money available, complained to the president that if the bank had to make a payment of $2,511,962,370 to IGG, the nation’s external reserves position would be threatened and they would not be able to defend the naira.

This was at a time Nigeria was just coming out of a recession following a crash in oil prices.

The CBN also expressed fears that the payment could be blocked by the US because of the intermediaries involved.

IGG had been indicted for illegal arms sales to Libya at a time there was a UN embargo.

According to a source in the office of the NSA, Buhari restated his directive that third parties or commission agents should not be involved in the purchase of arms.

Buhari took ill thereafter and went on medical leave to London, with Vice-President Yemi Osinbajo stepping in as acting president.

Osinbajo set up an armed forces and police emergency procurement committee (APEPC) with the need to support military operations in the north-east, Lafiya Dole, topping the agenda.

In August 2017, Osinbajo approved N50 billion for equipment supply to Lafiya Dole.

Monguno used the opportunity to re-present the $2.51 billion memo he had earlier sent to Buhari, raising his request to $2.6 billion to include the new approval for Lafiya Dole.

He said Buhari had already approved the sum but payment was not made because of his sickness and subsequent medical leave.

Again, he met a brick-wall as Osinbajo insisted that no third parties should be involved in the arms purchase.

THE POLICE EQUIPMENT AFFAIR



In 2019, Adamu requested N32 billion to boost police operations

With the $2.51 billion IGG proposal dead in the water, sources told TheCable, Monguno felt undermined by Kyari in the scheme of things but kept his cool.

However, Monguno renewed his face-off with Kyari after the 2019 general election which returned Buhari to office.

On May 27, 2019, Mohammed Adamu, the inspector-general of police, made a request to the NSA for the purchase of equipment, including arms and trucks, to boost the force’s operations.

He put the total cost at N32 billion.

In his submission, Monguno again brought in IGG, the Abu Dhabi-based group, as suppliers and raised the request to N46 billion — a mark-up of about N14 billion.

Kyari, again, raised objections against the involvement of IGG — which was to supply even Hilux trucks, according to the proposal sent by Monguno.

Hilux trucks are manufactured in Japan and can be sourced directly from the manufacturers or through their agents in Nigeria.

Kyari argued that it was better for Nigeria to buy the trucks directly from the manufacturers or enter an agreement with local plants such as Innosons.

Based on another memo from Kyari in which he raised objections to third-party involvement as well as the significant increase in the cost, Buhari directed that the purchase should be handled by the ministry of police affairs, TheCable learnt.

Buhari also directed that arms, ammunition and all equipment for the armed forces should, henceforth, be handled by the ministry of defence.

All purchases, the president instructed, must be done on a direct country-to-country basis with no middlemen and commission agents involved in order to save costs.

The disapproval by the president, sources told TheCable, enraged Monguno, leading him to write a series of stinging letters to various government officials to protest Kyari’s “meddlesomeness”.

He also raised the alarm over “threat to national security” and accused Kyari of issuing instructions to service chiefs, even suggesting that it was because of this “meddlesomeness” that Boko Haram was renewing attacks.

In his letters to to the president, ministers and security chiefs, Monguno said “such acts and continued meddlesomeness by chief of staff have not only ruptured our security and defence efforts, but have slowed down any meaningful gain that Mr President has sought to achieve”.

He accused Kyari of overriding instructions by the president.

Presidency kept mum over the leaked memos.

WHO ARE THE INTERNATIONAL GOLDEN GROUP (IGG)?



Mohammed Hilal Al Kaabi is the chief executive of International Golden Group, arms contractors

Buhari, had, on a visit to the UAE in 2016, provisionally agreed with the crown prince of Abu Dhabi, Mohammed bin Zayed Al Nahyan, that Nigeria would buy arms from the country.

However, it was the International Golden Group, a privately owned company, that entered the picture when the deal was to be struck.

In 2002, Fadel Al Kaabi, an Emirati, set up the IGG headed by his uncle, Mohammed Hilal Al Kaabi, a former armed forces deputy chief of staff, according to Intelligence Online.

IGG, Intelligence Online wrote, “specialises in partnerships with Western defence groups like France’s Thales, Britain’s BAE Systems, Paramount of South Africa and Italy’s Selex. In 2013, IGG also went into partnership with US group General Dynamics (GD) to market Predator drones to the United Arab Emirates”.

It also wrote that IGG sometimes “serves as cover for secret operations carried out by UAE outside its borders. In 2011, it sent large quantities of light arms to the rebel forces attacking the Gaddafi regime in Libya via Albanian state arms manufacturer Meico and Armenia’s DG Arms Corporation. In 2012 and 2013, a similar arrangement is thought to have been set up to help Syrian rebels fighting the regime of Bachar Al Assad.”

In a 2017 report, the Organized Crime and Corruption Reporting Project (OCCRP), a non-profit media organisation, named IGG in “profitable weapons laundering scheme” involving Techimpex, a Ukrainian arms firm.

“Among the documents is an Aug. 14, 2014 ‘framework agreement’ worth US$ 169 million, signed by Ukrinmash, to supply weapons including 12,000 machine guns, 50,000 Kalashnikov rifles, and 2,000 rocket-propelled grenade launchers to South Sudan’s government. IGG, an Emirati firm, acted as broker,” the site reported.

IGG was also exposed over links with arms dealer the “notorious” Slobodan Tesic, who is close to Serbian President Aleksandar Vucic.

The relationship between Tesic and IGG was first exposed by a UN report on weapons deliveries to Libya despite an arms embargo on the country.

SOURCE

1 Like 1 Share

Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by IfGodbeforus(m): 10:11am On Mar 18, 2021
Story for the gods. Tell all these to the birds.
While Monguno might not be a Saint, all I see are moves from every quarter trying to silence and paint a man evil for
Publicly speaking about the billions that disappeared under General buratai and others.

74 Likes 8 Shares

Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by Nbotee(m): 10:26am On Mar 18, 2021
They are all thieves operating in a Den of Thieves

21 Likes

Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by slawormiir: 10:27am On Mar 18, 2021
Damnnn niggarrrr
Isoright......
I perused through the article as I put on my intellectual cap while blazing my weed and reading between lines....

I must confess if this article is true then osinbanjo, kyari and buahri are real niggarrs for their effort to stop Monguno from siphoning or rather stealing money through arms deal
But this is not to say he is not right for accusing or rather alleging that billions disappeared under burutai...

What am I even saying....as a real niggarrr my conclusion is that both kyari, Monguno, buhari , osinbanjo burutai and probably the cable are coming up with stories to confuse us and pull the wool over our eyes

30 Likes 2 Shares

Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by Bampeh: 10:28am On Mar 18, 2021
Imagine how borrowed money would have ended in the pocket of a protected criminal providing arms for criminals.













bampeh feels sorry for Nigerians

4 Likes 1 Share

Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by Eriokanmi: 10:28am On Mar 18, 2021
IfGodbeforus:
Story for the gods. Tell all these to the birds.
While Monguno might not be a Saint, all I see are moves from every quarter trying to silence and paint a man evil for
Publicly speaking about the billions that disappeared under General buratai and others.
Exactly. Damage control gone wrong . This government is shameless.

Why wait untill after Monguno exposed you guys before composing all these tales from the moonlight? Shioor. I've said several times ...after this government leaves power, the corruption perpetrated by them would make people faint once heard.

29 Likes 2 Shares

Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by NwaNimo1(m): 10:28am On Mar 18, 2021

10 Likes

Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by positivelord: 10:30am On Mar 18, 2021
Mtcheeeeeeewww.........
Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by madridguy(m): 10:30am On Mar 18, 2021
Deal like this are reason we cannot win fight against insurgency and terrorism.

All service chiefs are praying seriously for Boko haram, bandit, ISIS, ISWAP to continue waxing stronger for their bank account to be fat.

4 Likes

Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by Urban9aira: 10:30am On Mar 18, 2021
Summary ?
Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by Cooldiipo(m): 10:31am On Mar 18, 2021
cheesy cool
I have ten hours plus laptop powerbank for sale. Do you need one?
Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by Racoon(m): 10:32am On Mar 18, 2021
Shameless criminals.I am not deceive.Damage control gone wrong.Buhari /Mungonu/Buratai can only continue to deceive themselves.This makes me remember the multi-billionaire Abdurasheed Maina pension funds scandal vs HOS Eyo-Ita vs Buhari where the hypocrite president claimed as usual that he is not aware of Maina's reinstatement despite Eyo-Ita producing the memo she copied the president. What a shamelessly corrupt government.

7 Likes

Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by supereagle(m): 10:32am On Mar 18, 2021
I weep for Nigeria with these reckless looting going on.

2 Likes

Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by DSC7: 10:33am On Mar 18, 2021
Buhari is a Terrorist...

3 Likes

Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by dynicks(m): 10:33am On Mar 18, 2021
Make I no just talk wetin dey my mind!!

1 Like

Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by IMASTEX: 10:33am On Mar 18, 2021
2.5 billion dollars. Now you know why insurgency can't stop anytime soon because some few persons are cashing out big time.

5 Likes

Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by Enilovesam(m): 10:34am On Mar 18, 2021
Lie after lie embarassed

4 Likes

Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by IfGodbeforus(m): 10:34am On Mar 18, 2021
Eriokanmi:
Exactly. Damage control gone wrong . Thus government is shameless
Highly shameless

5 Likes

Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by DrNueLpureHoney: 10:34am On Mar 18, 2021
Dx guys just dey fry akara on top people's head

1 Like

Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by GIANTPLUSHUB: 10:35am On Mar 18, 2021
Mheen!
Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by kayusely70(m): 10:35am On Mar 18, 2021
Scandalous scandals.
Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by Wickedfacts: 10:36am On Mar 18, 2021
This is concocted nonsense from the camp of those bastards who used 1 billion to buy weapons and allowed Boko Haram carry them.

1 Like 1 Share

Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by BigDawsNet: 10:37am On Mar 18, 2021
Everything in billions

Millions must be jealous in nigeria

1 Like

Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by elmessiahs(m): 10:38am On Mar 18, 2021
victimized for throwing stone in a glass house which covers both you and other birds.

1 Like

Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by Flexherbal(m): 10:38am On Mar 18, 2021
Presidency officials in the know of the aborted arms deal told TheCable that Buhari had earlier instructed that no third parties or agents should be involved in arms purchase, maintaining that it must be a country-to-country transaction.

How it is supposed to be.
Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by darocha1: 10:40am On Mar 18, 2021
Lol.... He blew the whistle and they are trying to turn the tables on him

1 Like

Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by salbis(m): 10:40am On Mar 18, 2021
From head to toes, they are all corrupt.
Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by Jonah507(m): 10:41am On Mar 18, 2021
That's not true!!!

Ghanian jollof rice is better than that of Nigeria

1 Like

Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by Pele10: 10:43am On Mar 18, 2021
May God punish our treasury looters.

1 Like

Re: How Buhari Stopped Monguno’s $2.5bn Arms Deal With Dubai Merchants - The Cable by seborrhic: 10:46am On Mar 18, 2021
Rather Kyari was not satisfied with the percentage he was due or was kept in the blind and after disapproving, transmitted to Buhari who of course doesn't have that capacity to analyse issues or contractson his own.

2 Likes

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