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Nairaland Forum / Nairaland / General / Politics / Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money (5186 Views)
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Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by mohince(m): 7:19pm On Jul 12, 2015 |
Nigerian head of state , Gen Ibrahim Badamosi Babangida has allegedly returned ‘part’ of $12.4bn Gulf oil windfall money. According to a source within the presidency, the retired gap tooth general “secretly returned the money this weekend to the nations coffers”. Though our source could not elaborate on the details surrounding the sudden action of the retired Minna general. Daily Onus recalled that a Federal High Court in Abuja has dismissed the suit filed by civil society groups against the Attorney General of the Federation, AGF, and the Central Bank of Nigeria, CBN. The presiding judge, Gabriel Kolawole, delivered the ruling on Thursday November 29 2012 in Abuja. The judge averred that the applicants lack the locus standi to institute the case. Mr. Kolawole however said the plaintiffs should not be seen as busy bodies but patriotic citizens. Six civil society groups, including the Socio-Economic and Accountability Project (SERAP), sued the Attorney- General of the Federation (AGF) and the Central Bank of Nigeria (CBN) over the much publicised $12.4 billion oil windfall, which the country recorded between 1988 and 1992, while former military dictator, Ibrahim Babangida, was in power. The groups wanted the court to compel the government to release a report of a probe panel headed by Pius Okigbo which probed the spending of the money by the government. The Federal Government raised many arguments against the suit including: that the report was missing, only the AGF could demand for such a report, and the court had no jurisdiction to entertain the suit. Former president Olusegun Obasanjo was reported to have returned $200 millions to the federation account, If Babangida’s case is finally confirmed he will be the second ex-president to have returned looted money back to Nigeria. www.dailyonus.com/fear-of-buhari-ibb-returns-part-of-12-4bn-gulf-oil-windfall-money/#sthash.InqIeRgu.gbpl&st_refDomain=m.facebook.com&st_refQuery=/?_rdr 1 Like |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by Abdullateef77(m): 7:20pm On Jul 12, 2015 |
This source is not trustworthy Am doubting it 6 Likes 1 Share |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by Pavore9: 7:22pm On Jul 12, 2015 |
So much tales floating around! 2 Likes |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by ERODEDEAST(f): 7:22pm On Jul 12, 2015 |
If this is true this is no money for Baba-Gida |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by Nobody: 7:23pm On Jul 12, 2015 |
really? i doubt |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by femicyrus(m): 7:25pm On Jul 12, 2015 |
When will Gej do the needful? 1 Like |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by Nobody: 7:26pm On Jul 12, 2015 |
[size=18pt]APC and tales by moonlight are siamese twins[/size] 13 Likes 1 Share |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by deji68: 7:29pm On Jul 12, 2015 |
Today naa "Buhari" Propanganda day ..... when nothing tangible is happening in governance na tory remain 2 Likes |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by Masculity(m): 7:31pm On Jul 12, 2015 |
This is super story. 3 Likes |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by talktimi(m): 7:31pm On Jul 12, 2015 |
Daily onus |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by Utchgirl(f): 7:35pm On Jul 12, 2015 |
2 Likes |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by Nobody: 7:36pm On Jul 12, 2015 |
Welcome to Osogbo at 9 and I am your host Taju. In our headlines today, Aregberascal to commission lunar hotel to boost space tourism from Osun. Also President Buhari lauds Governor Aregberascal as the best thing to happen to Africa and black world. Islamic state to open embassy in Osogbo, Osun state gov resrves fifty hectares for embassy location. AMALA prices soar due to Jonathan stealing Osun state oil money Aregberascal stated this in an Islamic Confrence. Also in our feature story, we bring to you a documentary produce and directed by Aregberascal detailing Jonathan's evil on Osun people. but meanwhile let's take this commercial break and we will be right back 3 Likes 1 Share |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by midolian(m): 7:40pm On Jul 12, 2015 |
femicyrus:soon, my broda
|
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by Mogidi: 8:06pm On Jul 12, 2015 |
Nice to see Generals returning the money they looted, lets see if Buhari finally returns the $2.8b he deposited at midland bank London in 1984. Mind you, Buhari can live on the interest of $2.8b if Zahra hasn't shopped herself silly with the money. 6 Likes |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by ORACLE1975(m): 8:07pm On Jul 12, 2015 |
bad news |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by spinoff: 8:24pm On Jul 12, 2015 |
WombRaiders: Ribs 'fracked' from lol. You should seriously consider starting a satirical fake-news site/app. Yours is a talent too terrible to waste. 3 Likes |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by Shortyy(f): 8:24pm On Jul 12, 2015 |
This current goverment is a joke. All they do is tell stories, accept and deny. 1 Like |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by Nobody: 8:35pm On Jul 12, 2015 |
spinoff: Thnx |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by Nobody: 9:00pm On Jul 12, 2015 |
Thats not tenable, the worth of that money should be calculated based on the current economic indices and interest accrued over the years should be payed ontop the money as well. |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by jerflakes(m): 9:09pm On Jul 12, 2015 |
[size=50pt]NA LIE! [/size] |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by sotall(m): 9:09pm On Jul 12, 2015 |
Pictures or I don't believe it |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by Nobody: 9:22pm On Jul 12, 2015 |
Mogidi: Sorry mix up. 1 Like 1 Share |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by cold(m): 9:24pm On Jul 12, 2015 |
This is just a load of bs. The source is highly suspect. All these bloggers chasing traffic like mad will write anything to drive traffic to their blogs 1 Like |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by swimcash(m): 9:25pm On Jul 12, 2015 |
fake news frm fake op 1 Like |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by waternopassgari: 9:28pm On Jul 12, 2015 |
There is no truth to this story, just propaganda and APC lies. Only after Tinubu and Amaechi return their loot. Even Buhari as former minister in corrupt government must return his loot. We are still waiting for Buhari to declare his asset. 1 Like |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by chris4gold(m): 9:29pm On Jul 12, 2015 |
yeye dey smell APC with sugar mouth |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by mrrock: 10:18pm On Jul 12, 2015 |
The best name to call this government, is government of propaganda. Nothing tangible have been done, but daily dose of propaganda. |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by Dannyset(m): 10:24pm On Jul 12, 2015 |
Lies won't take all these bloggers anywhere. Ur fellow that was arrested for peddling false news recently won't still teach u any lesson. |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by iykedare(m): 10:27pm On Jul 12, 2015 |
Impossible . IBB afraid of buhari? Go read what happened to abacha. They no born the buhari well make him look in the direction of IBB . 1 Like |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by Nobody: 10:30pm On Jul 12, 2015 |
Fear of which Buhari... The toothless bulldog or any other one? Mtcheeew... If I hear... Unless Tunde Idiagbon is back from the dead! |
Re: Fear Of Buhari: IBB Returns ‘part’ Of $12.4bn Gulf Oil Windfall Money by 9aijaboi(m): 11:10pm On Jul 12, 2015 |
I still dey observe.. |
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