Former President Olusegun Obasanjo has reacted to the recent call by President Buhari for a probe of the $16 billion spent on power during the 16-year PDP rule. President Buhari at the APC presidential rally in Bayelsa state on Tuesday February 12th, hinted that there will be probe on all the past governments involed in the $16 billion power project.

Reacting to the call for the probe, Obasanjo in a statement released by his media aide, Kehinde Akinyemi, said the request for a probe on the power project is borne out of ignorance.

In the statement, the former president said he had given a detailed account of how the money was spent for the power project in his widely read book, My Watch, and that if President Buhari cannot read it, he should get one of his aides to read it and interprete in a language best suitable.

Read the statement below;

”It has come to the attention of Chief Olusegun Obasanjo that a statement credited to President Muhammadu Buhari, apparently without correct information and based on ignorance, suggested that $16 billion was wasted on power projects by “a former President.

“We believe that the President was re-echoing the unsubstantiated allegation against Chief Obasanjo by his own predecessor but one.

“While it is doubtful that a President with proper understanding of the issue would utter such, it should be pointed out that records from the National Assembly had exculpated President Obasanjo of any wrong-doing concerning the power sector and has proved the allegations as false.

“For the records, Chief Obasanjo has addressed the issues of the power sector and the allegations against him on many occasions and platforms, including in his widely publicised book, “My Watch” in which he exhaustively stated the facts and reproduced various reports by both the Economic and Financial Crimes Commission (EFCC), which conducted a clinical investigation into the allegations against Chief Obasanjo, and the Ad-Hoc Committee on the Review of the Recommendations in the Report of the Committee on Power on the Investigation into how the Huge Sums Of Money was Spent on Power Generation, Transmission And Distribution between June 1999 and May 2007 without Commensurate Result.

“”We recommend that the President and his co-travellers should read Chapters 41, 42, 43 and 47 of My Watch for Chief Obasanjo’s insights and perspectives on the power sector and indeed what transpired when the allegation of $16 billion on power projects was previously made.

“If he cannot read the three-volume book, he should detail his aides to do so and summarise the chapters in a language that he will easily understand.

“”In the same statement credited to the President, it was alleged that there was some bragging by Chief Obasanjo over $16 billion spent on power. To inform the uninformed, the so-called $16 billion power expenditure was an allegation against Chief Obasanjo’s administration and not his claim.

“The President also queried where the power generated is. The answer is simple: The power is in the seven National Integrated Power Projects and eighteen gas turbines that Chief Obasanjo’s successor who originally made the allegation of $16 billion did not clear from the ports for over a year and the civil works done on the sites.

“”Chief Obasanjo challenges, and in fact encourages, anybody to set up another enquiry if in doubt and unsatisfied with the EFCC report and that of the Hon. Aminu Tambuwal-led ad-hoc committee.”

Source:https://www.mtetimes.com/2019/politics/16bn-power-sector-fraud-stop-accusing-me-ignorantly-obasanjo-tells-buhari
cc lalasticlala
Mynd44
OAM4J

Hmm

Buhari that cannot read. Do you want him to tear the book?

Buhari thinks is everybody he will touch in Nigeria and go scot free. Touch Obasanjo and watch ur hidden corrupt practices leaked. Mr Integrity my foot!

chimdiada11:
the blame game continues

OBJ the navigator of APC responding to APC election eve gimmick.

Celebgistz1:
“”We recommend that the President and his co-travellers should read Chapters 41, 42, 43 and 47 of My Watch for Chief Obasanjo’s insights and perspectives on the power sector and indeed what transpired when the allegation of $16 billion on power projects was previously made.

“If he cannot read the three-volume book, he should detail his aides to do so and summarise the chapters in a language that he will easily understand.

This OBJ get mouth oooooooooh

“”Chief Obasanjo challenges, and in fact encourages, anybody to set up another enquiry if in doubt and unsatisfied with the EFCC report and that of the Hon. Aminu Tambuwal-led ad-hoc committee.”

See challenge, oya na, over to the lifeless one.

The hypocrite called Buhari had 4 years to do this yet the president kept on with the media propaganda trial.
Buhari is corruption and corruption is Buhari.

DonFreshmoney:
Buhari that cannot read. Do you want him to tear the book?

Because he has written how he spends it in his book, then Mr President must believe everything hook, line and sinker?

You're shamless!

Oga, I did my personal study on power sector reform during your term as President and can categorically say if the monies stated as spent were actually spent, we may have made remarkable progress in solving our power problem, if not out of it.

Your testimony can't justify you, neither am I satisfied with the EFCC report and that of the Hon. Aminu Tambuwal-led ad-hoc committee.

We know you and what you are capable of doing...

So where is the light ?.abi.is there light in your area? Buhari is right.. If you buy something in market definitely you will make use of it. So where is the light??

For the past 4 years till today, Obasanjo has no immunity.... charge him to court and leave media propagandas.

oyebanji44:
So where is the light ?.abi.is there light in your area? Buhari is right.. If you buy something in market definitely you will make use of it. So where is the light??

So after 4 years... they want to start this media noise again..

He still does not have immunity, charge him to court now.

Buhari is a mumu