POLITICIANS OFFSHORE ACCOUNTS CAN OFFSET ALL FOREIGN AND DOMESTIC DEBTS OF NIGERIA.

It is no longer a secret that many Nigerian politicians have illicit monies acquired through corruption and stashed away in unscrupulous foreign banks which feast on fat interest rates to the detriment of compliance to international best practice in banking rules and regulations!

Leading the pack of hidden foreign loots is none other than the late Military dictator Sani Abacha, who occupied the position of Head of State of Nigeria for five years (1993-1998), successful transferred the entire Central Bank's Vault to foreign banks in his name!

In July 2023, it was established that the total recovered Abacha Loot stood at USD$5 billion dollars and the Federal High Court in Abuja has ordered FOUR PAST GOVERNMENT to disclose, confirm and explain disbursement of the said amount which has been shrouded in mystery for 24 years!
The court ordered the government of President Bola Tinubu to “disclose the exact amount of money stolen by General Sani Abacha from Nigeria."

By Press Release
July 9, 2023
The Federal High Court in Abuja, in a landmark judgment, has ordered the disclosure of the spending details of about $5 billion Abacha loot by the governments of former presidents Olusegun Obasanjo, Umaru Yar’Adua, Goodluck Jonathan and Muhammadu Buhari within SEVEN DAYS of the ruling following a suit against the Federal Government by the Social-Economic Rights and Accountability Project (SERAP).

The court ordered the government of President Bola Tinubu to “disclose the exact amount of money stolen by General Sani Abacha from Nigeria, and the total amount of Abacha loot recovered and all agreements signed on same by the governments of former presidents Obasanjo, Yar’Adua, Jonathan and Buhari.”

It's over THREE MONTHS since the judgment and Mr. Tinubu's All Progressives Congress is yet to come up with any report! Will those governments which display official impunity with relish continue to have their way

2016 PANAMA PAPERS REPORT ON BUKOLA SARAKI AND 110 NIGERIAN POLITICIANS IN 2016!

MEDIA REPORTS COMPILED BY SAHARA REPORTERS.

Saraki, Mark, Others In Trouble As Presidency Orders Probe Of Nigerians Named In Panama Papers ,August 19, 2016.

The senate president, Bukola Saraki, and his predecessor, David Mark, and other prominent Nigerians may soon be in trouble as the Presidency has ordered the investigation of present and past Nigerian officials named in the Panama Papers scandal. The chairman of the Code of Conduct Bureau, CCB, Sam Saba, confirmed the directive to PREMIUM TIMES. This newspaper had published leaked papers from a Panamanian law firm, Mossack Fonsecca, which were obtained by the German newspaper Süddeutsche Zeitung.

The 2.6 TB files, involving 214,488 entities, exposed incredible secrets of the underworld economy, where a network of banks, law firms and other middlemen utilize shell companies, sometimes to hide illegal wealth.
PREMIUM TIMES identified at least 110 Nigerians and companies operating offshore shell companies in tax havens. Mr. Saba said the Presidency forwarded names of some persons mentioned in the Panama Papers, to the agency for investigation.

“I want to let you know that government has written to us and given us some names based on what they have been reading and hearing regarding that document,” Mr. Saba said.
He said as soon as the #PanamaPapers reporting started, the CCB attempted to get the full leaks until PREMIUM TIMES assisted it by making some details for its scrutiny.
Mr. Saba said the CCB, after studying the papers, has questions for some public officers in the country.
He would not, however, disclose the names of the affected public officers.

“I think it (Panama Papers) is going to be helpful because already we have some questions for certain public officers, which I will not be able to disclose at the moment. Until they finish answering those questions, I may not be able to discuss it,” he said.

The CCB boss said the agency took some time to respond because it could not secure the leaked documents.
“I tried to access the document via the internet, but I was required to subscribe and pay some money, which I didn’t have, M. Saba said.

IT'S SEVEN YEARS SINCE THIS PUBLICATION AND THE POLITICIANS ARE STILL WALKING FREE!

PETER OBI, LABOR PARTY PRESIDENTIAL CANDIDATE ALSO HAS CASE TO ANSWER!

It was revealed that Mr Peter obi also had money stashed away in offshore accounts identified as the PANDORA PAPERS, and failed to disclose his involvement in money laundering!

He denied any wrong doing, contested the 2023 Presidential Elections on which he came THIRD, but he's in court to claim the FIRST position!

QUESTIONS:
For how long will Nigerians continue to be thread roughshod by corrupt politicians from 1960-2023?
All the candidates at the last 2023 Presidential Elections had black spots and dents in respect of dubious acquisition of illegal wealth and yet were voted for by a manipulated Electorate!

On Monday the 23rd of October 2023 the Supreme Court of Nigeria will give its judgement on the Appeals made by the runners up against the incumbent Bola Ahmed Tinubu!
Whichever way it goes Nigeria no longer needs a presidential system of government but a Unicameral PARLIAMENTARY SYSTEM which will give opportunity to CLEAN PARLIAMENTARIANS from the grassroots to participate in governance henceforth.

It is our firm belief that this system of government which WE HAVE ADVOCATED FOR TEN GOOD YEARS WILL COME TO FRUITION THROUGH A POPULAR REFERENDUM!
THE ZEAL OF THE LORD WILL make IT HAPPEN AMEN.

[WATCH OUT FOR A NIGERIAN PRIME MINISTER – NOT A PRESIDENT IN 2023!]



I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08080243066. g-mail-dvdolufon@gmail.

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