The investigation by the Economic and Financial Crime Commission, EFCC, into an alleged misappropriation of $2.1bn meant for an arms deal has taken another twist as the publisher of Nation Newspaper and National Leader of the All Progressives Congress, APC, Bola Tinubu confessed that he received a “ paltry sum of N9 million’’ of the alleged loot.

Tinubu, in a statement on Page 4 of the Nation Newspaper dated December 12, 2015 disclosed that the Former National Security Adviser, NSA, Sambo Dasuki gave his organization the money through the publisher of ThisDay newspapers, Nduka Obaigbena, as compensation for the disruption of their operations and attack on their personnel by soldiers in June 2014.

The Goodluck Jonathan-led government through the security agencies had on June 2014 clamped down on some newspaper delivery vans following a tip off that they were used to convey bombs to Abuja by the Boko Haram sect.

“About a week later, the government made good its promise. Obaigbena sent a draft of N9m to the NATION, saying that the money was from the Jonathan government,” Tinubu said through the Managing Director of Vintage Press, Victor Ifijeh.

He added: “No further payment was made to the NATION by any other person, organization or body on behalf of the Jonathan government.”

Obaigbena had told the EFCC investigating disbursement of funds from the office of the NSA that payments made to him were for 12 newspapers and for his company’s losses during a Boko Haram attack in 2012.

He said Dasuki, paid him N670 million as compensation for the Boko Haram bomb attack on ThisDay office, and an additional N120 million on behalf 12 newspapers under the aegis of Newspapers Proprietors Association of Nigeria, as compensation for the attacks on newspapers.

Several Newspapers like Peoples Daily, Tribune and New Telegraph had earlier denied receiving the money but Tinubu’s owned newspaper admitted receiving N9 million from the money.

The confession came on the heels of the anti-graft agency having detected another line of payments made to companies linked to Thisday publisher and owner of Arise Television.

The investigators said Obaigbena was paid at least N650million from a questionable transaction with Dasuki.

The anti-graft agency had last week arrested the Former Chairman of DAAR communication Raymond Dokpesi for collecting N2.2bn from the office of the former NSA.

Confirming that the Nation partook in the alleged loot, Tinubu said: “The Nation was one of the 12 Newspapers named by the President of the Newspapers Proprietor Association of Nigeria, NPAN, Nduka Obaigbena, as beneficiaries of the sum of N120 million obtained from the office of the Former National Security Adviser, Sambo Dasuki.”

Read the full extract below as published by Nation: http://www.post-nigeria.com/tinubus-name-pops-up-on-long-list-of-alleged-looters/

Stop bringing Tinubu into PDP mess.
PDP and her members will go down alone

This arms deal money is working like Ebola ooo. Just spreading and bringing em down to Investigation.

That I Don Cachew Moment When You Are Among The Crew Probing Looters..

My brother can't you see this man is different from them all. At least it's evident he uses the money to create employment in nigeria rather than invest in other countries.

Eledan:
Stop bringing Tinubu into PDP mess.
PDP and her members will go down alone

After reading this article, I remember a thread that made FP that said, "that you can read and write does not mean you are not an illiterate".

.

He said Dasuki, paid him N670 million as
compensation for the Boko Haram bomb attack
on ThisDay office, and an additional N120 million
on behalf 12 newspapers under the aegis of
Newspapers Proprietors Association of Nigeria,
as compensation for the attacks on newspapers.

This was more of a compensation right? Very well understood.
But why are the other newspaper publishers denying except Tinubu?

Foolatio

Eledan:
Stop bringing Tinubu into PDP mess.
PDP and her members will go down alone

I de com.. Lemme read

Okay, stepping on all toes, no matter whose toes.

ghen ghen, oya apc e-warriors come and defend him, if i talk now they will call me a wailer, anyway let me keep quiet but one thing is sure all of them are criminals.

I believe he should bag the award of the greatest looter of all time... He has looted before,he is still looting and will loot to death

Tinubu played a smart 1 here by escaping this 1. But its only a matter of time, because by the time other sectors must have been probed´.(the bushmeat will catch d hunter.).

Sambo Dasuki will soon confess how he gave APC N1billion during their campaign.