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How $505m Recovered Funds Were Re-looted - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsHow $505m Recovered Funds Were Re-looted (23681 Views)

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Re: How $505m Recovered Funds Were Re-looted by swtdrms(m): 1:38pm On Apr 06, 2017
I know majority won't read but will rush to comment insulting Buhari's government.

In as much as I believe there's corruption going on under this government, the looting the report is talking about took place under Obasanjo's regime.
Re: How $505m Recovered Funds Were Re-looted by Juve4(m): 1:39pm On Apr 06, 2017
Please welcome to Nigiria

Re: How $505m Recovered Funds Were Re-looted by ephi123(f): 1:39pm On Apr 06, 2017
TonyeBarcanista:
He doesn't believe Abacha stole
The way "stealing is not corruption" was Jonathan's undoing, "Abacha did not steal" has been Buhari's undoing.

Buhari publicly stated that Abacha, the grandmaster of looting the public purse, did not STEAL. Yet some people believe he is serious about fighting corruption. Tell us another thing.
Re: How $505m Recovered Funds Were Re-looted by ephi123(f): 1:39pm On Apr 06, 2017
AngelicBeing:
l am here, l dont loot, but l steal and stealing is not corruption tongue
You are here... so that means you have our money?! tongue
Re: How $505m Recovered Funds Were Re-looted by hisgrace090: 1:39pm On Apr 06, 2017
A messed up country.
Re: How $505m Recovered Funds Were Re-looted by BabaAduras: 1:39pm On Apr 06, 2017
Cjrane2:
It's a shame that we live under crooks with sweet tongues filled with lies.

Where is Lie Mohammed now?
You seems to have a very short memory - Lie Mohammed was not part of PDP ruling government that squander the loot. Remember we are talking of OBJs regime when PDP reigned supreme.

So please for Gods sake, let check our facts and engage our "medulla oblongata" before commenting.
Re: How $505m Recovered Funds Were Re-looted by omobritiko: 1:40pm On Apr 06, 2017
If only obasanjo could add another 500million dollars to that figure to give us 24hours electricity nationwide...sadface
Re: How $505m Recovered Funds Were Re-looted by Tokziby: 1:40pm On Apr 06, 2017
IpobExposed:
I knew this APC government has nothing good to offer
Did u read the article at all... Who was the president of Nigeria in 2004huh

Sometimes u guys just read headline and jump into conclusion just to satisfy ur lust of hatred for a person. SMH
Re: How $505m Recovered Funds Were Re-looted by brightology3: 1:42pm On Apr 06, 2017
AngelicBeing:
l am here, l dont loot, but l steal and stealing is not corruption tongue

Re: How $505m Recovered Funds Were Re-looted by Nobody: 1:43pm On Apr 06, 2017
GreenMavro:
grin

FTC...I dedicate this feet to the only lady who wants to win our 25million naira but can't recite the national anthem grin grin grin


Arise, O compatriots
Nigeria's call obey
To serve our fatherland
With love and strength and faith
The labour of our heroes past
Shall never be in vain
To serve with heart and might
One nation bound in freedom
Peace and unity.


Oh God of creation
Direct our noble cause
And guide our leaders right
Help our youth the truth to know
In love and honesty to grow
And living just and true
Great lofty heights attain
To build a nation where peace
And justice shall reign.



Ebuka abeg pass this across to her grin grin grin
You ddnt put the source cus we all know that ddnt come from you.....
Re: How $505m Recovered Funds Were Re-looted by TonyeBarcanista(m): 1:43pm On Apr 06, 2017
ephi123:
The way "stealing is not corruption" was Jonathan's undoing, "Abacha did not steal" has been Buhari's undoing.

Buhari publicly stated that Abacha, the grandmaster of looting the public purse, did not STEAL. Yet some people believe he is serious about fighting corruption. Tell us another thing.
According to the Daura General, the allegation of theft against Abacha is baseless and with "lack of facts"... cheesy
Re: How $505m Recovered Funds Were Re-looted by Student125(m): 1:43pm On Apr 06, 2017
Imagine, make they just come make I design how to spend d money with Photoshop...kai
Re: How $505m Recovered Funds Were Re-looted by ephi123(f): 1:43pm On Apr 06, 2017
swtdrms:
I know majority won't read but will rush to comment insulting Buhari's government.

In as much as I believe there's corruption going on under this government, the looting the report is talking about took place under Obasanjo's regime.
They rightly should blame Buhari's govt.

1. Buhari stated Abacha did not steal but this report states the huge amount he stole.

The investigations specifically focused on the $505 million Abacha loot recovered from Swiss Government in 2004 which the government under President Olusegun Obasanjo committed to financing specific projects under the Millennium Development Goals (MDGs).
2. Secondly, the findings were conducted this year. If the govt was serious about tackling corruption, they would have sniffed this out rather than the media circus crucifixion of the opposition they've been doing.

However, the findings conducted by the CSOs early this year revealed that most of the projects were either not carried out or were abandoned.
Re: How $505m Recovered Funds Were Re-looted by AngelicBeing: 1:44pm On Apr 06, 2017
ephi123:
You are here... so that means you have our money?! tongue
Yes, Jonathan gave me and Keneking 500 Million Dollars to rig the election for him but unfortunately, Keneking took the whole money and gave me only 50 Million Naira, Jonathan is still angry with me because we deceived him, Keneking ate the whole money and that is why EFCC detained Keneking for 2 months, he wrote undertaking to pay back, l am not corrupt but stealing is not corruption grin grin grin

Re: How $505m Recovered Funds Were Re-looted by ephi123(f): 1:45pm On Apr 06, 2017
TonyeBarcanista:
According to the Daura General, the allegation of theft against Abacha is baseless and with "lack of facts"... cheesy
Na so now.

$505 million, one person, lack of facts truly and indeed.
Re: How $505m Recovered Funds Were Re-looted by AngelicBeing: 1:46pm On Apr 06, 2017
[quote author=brightology3 post=55319106][/quote]Stealing is not corruption, l will continue to steal with President Jonathan until we empty our national reserve grin grin grin grin grin grin

Re: How $505m Recovered Funds Were Re-looted by AngelicBeing: 1:47pm On Apr 06, 2017
TonyeBarcanista:
He doesn't believe Abacha stole
Stealing is not corruption, Abacha did not loot, but he stole and it is not corruption grin grin

Re: How $505m Recovered Funds Were Re-looted by ephi123(f): 1:47pm On Apr 06, 2017
AngelicBeing:
Yes, Jonathan gave me and Keneking 500 Million Dollars to rig the election for him but unfortunately, Keneking took the whole money and gave me only 50 Million Naira, Jonathan is still angry with me because we decieved him, Keneking ate the whole money and that is why EFCC detained Keneking for 2 months, he wrote undertaking to pay back, l am not corrupt but stealing is not corruption grin grin grin
Well done.
So what do we do with this $505 million that has been re-looted?

Those contractors who failed to implement the projects are the same Nigerians who will also call govt corrupt. What exactly is wrong with this country? Everyone is corrupt. Na wa.
Re: How $505m Recovered Funds Were Re-looted by Chiomenwa(f): 1:48pm On Apr 06, 2017
Buhari for my language mean shift or move to

Onye mbuhari.
Re: How $505m Recovered Funds Were Re-looted by stenlydxlite(m): 1:49pm On Apr 06, 2017
Wonder shall never end.........Only for Buhari regime this kind thing go happen.......Relooted



Buhari and his people na badbelle.......They got no plan for their father land. lipsrsealed lipsrsealed lipsrsealed lipsrsealed lipsrsealed lipsrsealed lipsrsealed lipsrsealed lipsrsealed lipsrsealed
Re: How $505m Recovered Funds Were Re-looted by Nobody: 1:51pm On Apr 06, 2017
This d.amn jungle is over-ripe for a Rawling's revolution!
We can't continue like this!!
Re: How $505m Recovered Funds Were Re-looted by CioAngels(f): 1:52pm On Apr 06, 2017
All our Past and Present leaders from Top to Bottom are all Rogues/Thevies. May all the Deities in Nigeria Humiliate and Disgrace them all. Amen.
Re: How $505m Recovered Funds Were Re-looted by AngelicBeing: 1:52pm On Apr 06, 2017
ephi123:
Well done.
So what do we do with this $505 million that has been re-looted?

Those contractors who failed to implement the projects are the same Nigerians who will also call govt corrupt. What exactly is wrong with this country? Everyone is corrupt. Na wa.
Ok , l am sorry dear, Jonathan told me that stealing is not corruption, l will not return the money back to Nigeria, if you like call EFCC for me, l am ready to hire 60 SAN to defend me, l will not return the money back to Nigeria, it is a free money and stealing is not corruption but l can give you 5 Million Dollars so you can keep quiet tongue
Re: How $505m Recovered Funds Were Re-looted by ephi123(f): 1:53pm On Apr 06, 2017
AngelicBeing:
Ok , l am sorry dear, Jonathan told me that stealing is not corruption, l will not return the money back to Nigeria, if you like call EFCC for me, l am ready to hire 60 SAN to defend me, l will not return the money back to Nigeria, it is a free money and stealing is not corruption but l can give you 5 Million Dollars so you can keep quiet tongue
I see what you did there cheesy
Re: How $505m Recovered Funds Were Re-looted by AngelicBeing: 1:54pm On Apr 06, 2017
Re: How $505m Recovered Funds Were Re-looted by Enyimbamercedes: 1:55pm On Apr 06, 2017
Very true! Though the looting was minimal during the Obasanjo administration it skyrocketed under the Jonathan Administration. Here are the facts
$1bn was appropriated annually for pro-poor projects and this fund was controlled by the Office of the Senior Special Assistant to the President on MDGs - (OSSAP-MDGs). since 2007, this office received the FG component of this money equivalent to $750m dollars while the states received $250m. The naira equivalent of this was pegged at 120billion annually to be spent on attaining the MDGs. An SPV was created, the Conditional Grants Scheme (CGS) office and this office got 64 billion annually to implement projects in the states and local governments. Under Amina, this office had some great achievements however when Gbeneol was made SSAP there was monumental fraud carried out especially in the CGS unit! These NGOs need to look deeper, this $505m is just a tip of the iceberg. $18bn paris club debt write-off was also channelled to MDGs though this was meant to be spent over 18 years starting from 2006. Like i said $1bn was appropriated every year since 2006 to the MDGs.
I'm not a whistle blower so i won't give details on the monumental fraud that took place in this office grin grin grin...i don't need the 5% ...if they can raise it to 20% she...i'll sing
Re: How $505m Recovered Funds Were Re-looted by drss2(m): 1:59pm On Apr 06, 2017
OBJ, d chief pilot n navigator of APC is a big thief.
Re: How $505m Recovered Funds Were Re-looted by numericalguy(m): 2:04pm On Apr 06, 2017
Buhari is Mr. Curroption himself. He is surrounded by evil and curropt people.

There is a Hausa saying that: Abokin barawo, barawo be. Meaning: A friend of a thief is also a thief.
Re: How $505m Recovered Funds Were Re-looted by donJ2(m): 2:12pm On Apr 06, 2017
Enyimbamercedes:
Very true! Though the looting was minimal during the Obasanjo administration it skyrocketed under the Jonathan Administration. Here are the facts
$1bn was appropriated annually for pro-poor projects and this fund was controlled by the Office of the Senior Special Assistant to the President on MDGs - (OSSAP-MDGs). since 2007, this office received the FG component of this money equivalent to $750m dollars while the states received $250m. The naira equivalent of this was pegged at 120billion annually to be spent on attaining the MDGs. An SPV was created, the Conditional Grants Scheme (CGS) office and this office got 64 billion annually to implement projects in the states and local governments. Under Amina, this office had some great achievements however when Gbeneol was made SSAP there was monumental fraud carried out especially in the CGS unit! These NGOs need to look deeper, this $505m is just a tip of the iceberg. $18bn paris club debt write-off was also channelled to MDGs though this was meant to be spent over 18 years starting from 2006. Like i said $1bn was appropriated every year since 2006 to the MDGs.
I'm not a whistle blower so i won't give details on the monumental fraud that took place in this office grin grin grin...i don't need the 5% ...if they can raise it to 20% she...i'll sing
Post the Source
Re: How $505m Recovered Funds Were Re-looted by Enyimbamercedes: 2:16pm On Apr 06, 2017
donJ2:
Post the Source
I am the source dude! I worked in this office
Re: How $505m Recovered Funds Were Re-looted by wildchild1: 2:47pm On Apr 06, 2017
na wa oo, naija which way?

Check my signature for your football jerseys (take advantage of the Easter promo)
Re: How $505m Recovered Funds Were Re-looted by IMASTEX: 2:54pm On Apr 06, 2017
TonyeBarcanista:
He doesn't believe Abacha stole
Well said, he returned the loot to the Abacha's. Since he didn't believe Abacha looted.
1 2 3 Reply

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