Dasukigate: $2.2bn arms funds unaccounted for under Sanusi, ex-CBN Gov

ABUJA — As investigation into the looting of funds meant for the acquisition of arms for the Nigerian armed forces continues, operatives of the Economic and Financial Crimes Commission, EFCC, are in a dilemma over what to do with the former Central Bank of Nigeria, CBN, Governor, Sanusi Lamido Sanusi.

Sanusi, who was removed from the bank by former President Goodluck Jonathan for accusing the Nigerian National Petroleum Corporation, NNPC, of not remitting $20 billion of oil proceeds into the national treasury, later become the Emir of Kano, an influential traditional and religious post that carried more weight in the northern part of Nigeria than the CBN.

The operatives are keen on interrogating the emir on the numerous disbursement of funds to the office of the fo rmer National Security Adviser, Col. Sambo Dasuki (retd), who is being tried for money laundering, breach of public trust and diversion of public funds.

Findings by Vanguard, however, showed, weekend, that the operatives were in a fix on what to do in order to get the revered traditional and religious ruler to speak to them on what he knows about the huge sums of money taken away from the nation’s apex bank under the guise of security.

The commission, it was gathered last night, is contemplating whether to invite Sanusi or go to meet him quietly to interview him on the funds moved from the bank to the National Security Adviser, during his tenure and why such disbursement were never questioned or declined by him.

A source in the commission hinted that they were keen on getting first hand information from the emir but in a way that would not raise any eyebrow or bring the commission into trouble with any individual or group.

It was learnt that the commission’s top official had already visited Kano and would possibly try to seek an avenue to discuss with the emir quietly and return to Abuja.

Set to grill Emefiele, others

But a source said that other CBN governors, including the incumbent Godwin Emefiele, would soon be invited to explain their roles in the arms sandal, which is very embarrassing to the nation.

One of the sources said that it was a matter of time before the top bank officials would be summoned to clarify their roles in the national financial scam.

The spokesman for the EFCC, Mr. Wilson Uwujaren, could not be reached for comments in the latest development in the arms scam probe.

His telephone lines indicated that they had been switched off when our correspondent called on Sunday evening.

NGE backs FG on moves to recover stolen public funds

The Nigerian Guild of Editors (NGE) has thrown its weight behind the efforts of the Federal Government to recover stolen public funds and commended the courage behind it.

While urging the government to respect the fundamental human rights of the suspects in the process, the Guild asked the government to thoroughly investigate every corruption case and pursue same diligently and to logical conclusion.

In a communiqué issued at the end of its 4th quarterly Standing Committee meeting, weekend, in Abuja, the guild advised judges to be circumspect in granting injunctions and be more painstaking in the adjudication of corruption cases.

The guild, in the communiqué signed by its President, Garba Deen Mohammad and General Secretary, Victoria Ibanga, further warned state governments not to renege in the payment of the N18,000 minimum wage and urged them to improve on their internally generated revenue, reduce the cost of governance and ensure due process in the award of contracts.

According the communique,”the Guild is alarmed by the downward slide of the Naira which is impacting negatively on the purchasing power of Nigerians and wants the Federal Government to diversify the country’s revenue base to shore up the value of the national currency.

“The Guild also noted with concern the perennial fuel scarcity in the country and called on the Federal Government to find a lasting solution to the problem.”

While reiterating its warning against any attempt to gag the press or tamper with the freedom of expression of Nigerians, the editors urged the Senate to retrace its steps with respect to the Frivolous Petitions Bill which is against the freedom of the press.

The editors, therefore, urged the National Assembly to expunge Section 24 of the Cyber Crime Act which is considered to be more obnoxious than the Frivolous Petitions Bill

https://www.google.com/url?q=http://www.vanguardngr.com/2015/12/2-2bn-arms-probe-efcc-in-dilemma-over-sanusi-ex-cbn-gov/&sa=U&ved=0ahUKEwiIzbO0udvJAhUDPRoKHe88DeUQqQIIDjAA&sig2=RnombH8zgj8y_tiTfvwcww&usg=AFQjCNG6CjUvzDIog6FofjH1_QI2arQyOw

Sanusi should be warming up. No royal treatment in fraud relating to our National security. Sai Baba, continue with the good work.

IF BABA PMB CAN PROBE SANUSI CHAI I WILL LOVE SORY LIKE HAM TIRE