…. EFCC To Hear Jonathan’s Side Of Story

As more facts appear in relation to the botched $2bn arms purchase and the circumstances surrounding it, the Economic and Financial Crimes Commission (EFCC) have stumbled on fresh clues indicating that loots recovered from the late Head of State, Sani Abacha may have been diverted to the arms purchase.

There are suspicions that the looted funds formed the main sources of extra-budgetary expenditures which were disbursed to some chieftains of the People’s Democratic Party (PDP) for the 2015 campaign.

It was gathered that following the recovery of the looted funds, running into billions of dollars, Jonathan raised a four-man team headed by ex-Finance Minister, Dr. Ngozi Okonjo-Iweala on how to use the loot.

Although there was pressure on the committee chairperson to divert the loot to security matters, she was said to have resisted the proposal.

It was, however, gathered that the committee later recommended that 60 per cent of the Abacha loot be used for development and 40 per cent for security challenges and arms purchase.

A source said: “We are looking into fresh clues that apart from the $2 billion, some looted funds recovered from the Abachas were also diverted into the arms purchase and other security-related needs.

“There are different clues we are probing. While some alleged that the looted funds were domiciled in the ONSA, others claimed that the funds were directly managed by the Presidency.

“We may check records at the Federal Ministry of Finance accordingly on Abacha loot.”

Meanwhile, the EFCC is thinking of ways to ask former president Goodluck Jonathan to explain his role in the arms deal.

The EFCC has asked some of the suspects to produce relevant written approvals from the ex-President on some of the expenditures.

It was learnt that more suspects have named Dr. Jonathan in the approvals and withdrawals of huge cash from the Office of the National Security Adviser (ONSA) and the Central Bank of Nigeria (CBN).

The former National Security Adviser (NSA), Col. Sambo Dasuki (rtd), and the Emeritus Chairman of Daar Communication, Chief Raymond Dokpesi, claimed that they got approvals for all projects they were accused of running.

It was learnt that some of the suspects acted on verbal approvals to carry out transactions.

“Either way, the EFCC may need to clarify a few things from the ex-President”, a source said last night. He pleaded not to be named because of the “sensitivity” of the matter.

It went on: “Some of the high-profile suspects have told us that they got approvals from the ex-President. Equity demands that we should hear from his side too.

“We are certainly weighing options to avoid any act capable of derailing these ongoing investigations. We can have audience with the ex-President in confidence; we may isolate issues for him to help us clarify in writing; he may also volunteer on his own to clear the air on a few issues through the highest quarters and we may allow our ongoing comprehensive investigations and evidence to be sufficient for prosecution. The onus will then be on the suspects to present written approvals in court.

“This is not the first time we will be investigating past presidents. We will draw our experience from the previous exercises. You know, we investigated two former heads of state and a prominent traditional ruler on the $184 million Halliburton case and none of them was invited. We handled it in a meticulous manner.”

A former member of the Federal Executive Council (FEC), said: “The ex-President has expressed doubts on some of the approvals being bandied about. I think Jonathan has a way of reaching out to the Presidency in order not to overheat the polity. He will certainly do so.”

Comments

comments

Tags: $2bn Arms Deal, Dr. Goodluck Jonathan, sani abacha loot
REVEALED: Abacha’s Recovered Loot May Have Been Diverted To Arms Purchase, PDP Political Campaigns - The Herald News Nigeria
http://www.theheraldng.com/revealed-abachas-recovered-loot-may-have-been-diverted-to-arms-purchase-pdp-political-campaigns/?wt=3

My ambition is not worth d Blood of any Nigerian.. Meanwhile h goons were sharing money ment for protecting Nigerinas!

God will expose u last last

wachakuta:
My ambition is not worth d Blood of any Nigerian.. Meanwhile h goons were sharing money ment for protecting Nigerinas!

God will expose u last last

But according to the Dull'ard, Abacha didn't steal.


www.nairaland.com/attachments/2733734_munch20150812080810_jpeg1d11e13a327d33cec402de71dc2a8eb7

@topic, **yawns** - Tired of propaganda.

We aff hear


Kidgod

SeverusSnape:

But according to the Dull'ard, Abacha didn't steal.

Pls tender ur prove

wachakuta:

Pls tender ur prove

http://allafrica.com/stories/200806090008.html

By Ibrahim Shuaibu

June 9, 2008
Kano — The late military Head of State, Gen. Sani Abacha, did not loot the national treasury contrary to the general impression, two military former heads of state have said.

Gen. Muhammadu Buhari, who ruled Nigeria between 1983 and 1985, and his successor, Gen. Ibrahim Babangida, gave Abacha the clean bill in Kano yesterday after the rememberance prayers marking 10 years of the death of Abacha, who ruled between 1993 and 1998.

SeverusSnape:


http://allafrica.com/stories/200806090008.html

Same site dat reported that shekau has been killed 3times? Is dat ur source??
Wen u ve a good source, pls Come back..

Brb to comment, Goodluck was a Badluck to this country

wachakuta:

Same site dat reported that shekau has been killed 3times? Is dat ur source??
Wen u ve a good source, pls Come back..

Deep in your heart you know Abacha stole like there was no tomorrow, but because the brainwashing Buhari and APC did to you is still working, you won't be able to reason well. No wonder we refer to you lots as Zombies.

A preident that didn't know Morocco government was tearing him down for the whole two weeks until an outsider(Wole Soyinka) told him. How would such a figure recollect ever authorized illegal money withdrawal and disbursement? PhD my foot.

Thank God he was booted out. I could only imagine what would have become of this country by now if GEJ had successfully robbed his way back to power. When his people had nothing more to steal under his watch; he would have brought back salve trade where Nigerians would be exchanged for money. God used GEJ as punishment for the citizen of this country. He wasn't just fit at all.

SeverusSnape:


Deep in your heart you know Abacha stole like there was no tomorrow, but because the brainwashing Buhari and APC did to you is still working, you won't be able to reason well. No wonder we refer to you lots as Zombies.

Yes Abacha stole a we all know it, but what we don don know is that fabricated lie that u people use dubiou media to come nd share that Buhari said Abacha didn't steal... Just Imagine, how can a right thinking person say such a thing...

Bunch of Jokers. Ole jati-jati

wachakuta:


Yes Abacha stole a we all know it, but what we don don know is that fabricated lie that u people use dubiou media to come nd share that Buhari said Abacha didn't steal... Just Imagine, how can a right thinking person say such a thing...

Buhari is not a right thinking person. So expect him to say it.

ok now

wachakuta:


…. EFCC To Hear Jonathan’s Side Of Story

As more facts appear in relation to the botched $2bn arms purchase and the circumstances surrounding it, the Economic and Financial Crimes Commission (EFCC) have stumbled on fresh clues indicating that loots recovered from the late Head of State, Sani Abacha may have been diverted to the arms purchase.

There are suspicions that the looted funds formed the main sources of extra-budgetary expenditures which were disbursed to some chieftains of the People’s Democratic Party (PDP) for the 2015 campaign.

It was gathered that following the recovery of the looted funds, running into billions of dollars, Jonathan raised a four-man team headed by ex-Finance Minister, Dr. Ngozi Okonjo-Iweala on how to use the loot.

Although there was pressure on the committee chairperson to divert the loot to security matters, she was said to have resisted the proposal.

It was, however, gathered that the committee later recommended that 60 per cent of the Abacha loot be used for development and 40 per cent for security challenges and arms purchase.

A source said: “We are looking into fresh clues that apart from the $2 billion, some looted funds recovered from the Abachas were also diverted into the arms purchase and other security-related needs.

“There are different clues we are probing. While some alleged that the looted funds were domiciled in the ONSA, others claimed that the funds were directly managed by the Presidency.

“We may check records at the Federal Ministry of Finance accordingly on Abacha loot.”

Meanwhile, the EFCC is thinking of ways to ask former president Goodluck Jonathan to explain his role in the arms deal.

The EFCC has asked some of the suspects to produce relevant written approvals from the ex-President on some of the expenditures.

It was learnt that more suspects have named Dr. Jonathan in the approvals and withdrawals of huge cash from the Office of the National Security Adviser (ONSA) and the Central Bank of Nigeria (CBN).

The former National Security Adviser (NSA), Col. Sambo Dasuki (rtd), and the Emeritus Chairman of Daar Communication, Chief Raymond Dokpesi, claimed that they got approvals for all projects they were accused of running.

It was learnt that some of the suspects acted on verbal approvals to carry out transactions.

“Either way, the EFCC may need to clarify a few things from the ex-President”, a source said last night. He pleaded not to be named because of the “sensitivity” of the matter.

It went on: “Some of the high-profile suspects have told us that they got approvals from the ex-President. Equity demands that we should hear from his side too.

“We are certainly weighing options to avoid any act capable of derailing these ongoing investigations. We can have audience with the ex-President in confidence; we may isolate issues for him to help us clarify in writing; he may also volunteer on his own to clear the air on a few issues through the highest quarters and we may allow our ongoing comprehensive investigations and evidence to be sufficient for prosecution. The onus will then be on the suspects to present written approvals in court.

“This is not the first time we will be investigating past presidents. We will draw our experience from the previous exercises. You know, we investigated two former heads of state and a prominent traditional ruler on the $184 million Halliburton case and none of them was invited. We handled it in a meticulous manner.”

A former member of the Federal Executive Council (FEC), said: “The ex-President has expressed doubts on some of the approvals being bandied about. I think Jonathan has a way of reaching out to the Presidency in order not to overheat the polity. He will certainly do so.”

Comments

comments

Tags: $2bn Arms Deal, Dr. Goodluck Jonathan, sani abacha loot
REVEALED: Abacha’s Recovered Loot May Have Been Diverted To Arms Purchase, PDP Political Campaigns - The Herald News Nigeria
http://www.theheraldng.com/revealed-abachas-recovered-loot-may-have-been-diverted-to-arms-purchase-pdp-political-campaigns/?wt=3