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Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF (5297 Views)

Buhari Stole N2.8 Billion As Oil Minister– Alison Madueke / Photo:Late General Sani Abacha and MKO Abiola at an event in Lagos in Feb. 1986. / Check Out This Epic Old School Photo Of Tinubu, Abacha And MKO Abiola (2) (3) (4)

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Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by biafranqueen: 6:04pm On Nov 29, 2014
Dear APC,
Did we forget so soon
From 1996-1998 Nigeria was ranked number 1 in corruption by the world index.
In these years, Buhari was looting PTF as the so-called self-acclaimed anti-corruption Czar. Buhari is a hypocrite and a priggish fake. I have ask APC on NL numerous times, why he didn’t fight corruption when Nigeria was ranked the most corrupt country in the world. Or was it because he was also looting like his then boss Abacha?

Between $3 billion and $5 billion of public money was looted during Abacha's regime, according to Transparency International.

The judgment includes about $303 million in two bank accounts in the British offshore center of Jersey and $144 million in two bank accounts in France. Three accounts in the United Kingdom and Ireland hold at least $27 million, the statement said.Claims to another $148 million in four investment portfolios in the United Kingdom are pending.Enrico Monfrini, a Swiss lawyer working with the Nigerian government, has traced $2.4bn of assets linked to Abacha, most of which were channelled through European banks.High quality global journalism requires investment.
So far, Nigeria has recovered $1.3bn, the largest tranche of which – $500m – came from Switzerland in 2005. A further $1.1bn – in France, the UK, Luxembourg and the Channel island of Jersey – is still tied up in legal proceedings. The US in March froze more than $458m linked to Abacha in Jersey and France.

Further note what does Abachas widow think of Buhari
What is your assessment of General Muhammadu Buhari, and by extension, the All Progressives Congress, APC?
I brought General Buhari into politics; It’s not that I want to expose him. We did everything to support and encourage him. He called my son Mohammed to join Congress for Progressive Change, CPC. They rejected Mohammed by force during the governorship race. This was the trend, not only in Kano, but also in Katsina, Bauchi and other states. I think it is not healthy for democracy; not just because of Mohammed but for the smooth play of democratic norms and values. Democracy is the choice of the people. But when people put their own personal interest first and they interfere [in the process], then it is no longer democracy. It is unfortunate that elders like them could come belittle themselves in the race.
For the APC I cannot comment. It is not yet time for me to do so. However, it is good for democracy to have competition and opposition. It enhances democratic values, norms and stabilises the country’s image, and will eventually uplift our democratic credentials in the international comity of nations.

ApC, Buhari is the best you have and still you have failed.
Try again 2019.

Warmest regards,
Biafran Queen

10 Likes 1 Share

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by Descartes: 6:06pm On Nov 29, 2014
Hmmm....

Facts are Sacred cool

8 Likes

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by ceo4eva: 6:08pm On Nov 29, 2014
Good to know!
We all know most politicians do perpetrate one corrupt practice or the other when in power. However, it's funny and unfortunate when some people here try to exonerate their Master, Buhari. It leaves much to be desired. An eye opener, I must say!

10 Likes

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by biafranqueen: 6:09pm On Nov 29, 2014
Descartes:
Hmmm....

Facts are Sacred cool
That is it we must face the truth and move on!

9 Likes

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by Nobody: 6:09pm On Nov 29, 2014
BULLSHIT AS USUAL, was the money stolen out of ptf funds? Should we hold everyone in the gej administration for the missing $20 billion?

In your senseless analysis, okonjo iweala must be a bloody thief for coordinating the most corrupt government in Nigeria's history.

biafranqueen, you are loosing it.

8 Likes

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by biafranqueen: 6:10pm On Nov 29, 2014
ceo4eva:
Good to know!
Those whom forget the past are doomed to repeat it.

7 Likes

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by Descartes: 6:11pm On Nov 29, 2014
shocked
Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by biafranqueen: 6:11pm On Nov 29, 2014
Obiagelli:
BULLSHIT AS USUAL
You people are busy grin Can you refute this or only insult

5 Likes

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by Nobody: 6:12pm On Nov 29, 2014
i will vote APC if they offer a better candidate than buhari.
for now i aint voting any.

1 Like

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by biafranqueen: 6:14pm On Nov 29, 2014
rafhell:
i will vote APC if they offer a better candidate than buhari.
for now i aint voting any.
I hear you, if a better candidate comes through APC why not I vote people not party.

3 Likes

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by ceo4eva: 6:14pm On Nov 29, 2014
rafhell:
i will vote APC if they offer a better candidate than buhari.
for now i aint voting any.
Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by Princess2be(f): 6:18pm On Nov 29, 2014
ceo4eva:
Good to know!
We all know most politicians do perpetrate one corrupt practice or the other when in power. However, it's funny and unfortunate when some people here try to exonerate their Master, Buhari. It leaves much to be desired. An eye opener, I must say!
FACT!
The way some people follow these politicians blindly is really outrageous

3 Likes

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by jmaine: 6:23pm On Nov 29, 2014
No be today grin
Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by Frankenstein: 6:27pm On Nov 29, 2014
So Buhari is corrupt?

3 Likes

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by viczing(m): 6:34pm On Nov 29, 2014
Frankenstein:
So Buhari is corrupt?

If you ask me, na who I go ask The matter wey dey 4 ground, e heavy for my eyes ooo grin
Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by Arch1: 6:35pm On Nov 29, 2014
... And president JonaTAN recently gave Late General Sani Abacha a posthumous award at the centenary celebration.

JonaTAN also orderd that all corruption cases against Mohammed Abacha the son of Late General Sani Abacha be dropped so that the latter can contest in the Gubernatorial election in Kano state under the platform of PDP.

JonaTAN also granted amnesty to Hamzat Al-Mustapha, Late General Sani Abacha's Hitman who killed Kudirat Abiola

8 Likes

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by Genius100: 6:37pm On Nov 29, 2014
Obviously this demented hag called Biafranqueen cannot tell the difference between Abacha and Buhari...

3 Likes

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by Arch1: 6:38pm On Nov 29, 2014
biafranqueen:
..
Ignorant twerp
Mohammed Abacha, the son of Late General Sani Abacha is a member of the PDP and he would be contesting in the PDP Gubernatorial primary election in Kano state

5 Likes

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by Arch1: 6:40pm On Nov 29, 2014
Descartes:

Facts are Sacred cool
Why dont you take your fake fact to the EFCC and ICPC, tell them to do the needful.

4 Likes

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by HonourablePomk: 6:41pm On Nov 29, 2014
Op your Source and tell me the Position Buhari held under the Abacha Regime
Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by omenka(m): 6:52pm On Nov 29, 2014
Descartes:
Hmmm....

Facts are Sacred cool


THE United States government’s recent
report on the role of the government in the
proliferation of corruption in Nigeria offers
a fresh and undeniable insight into why
graft is so deeply entrenched in the Nigerian
system. If the government that should
stamp out corruption is now actively
protecting corrupt individuals, then no
amount of posturing will produce results.


However, for a government that is
responsive to constructive criticism – a
government that means well for the people
– the report is an opportunity for the
Goodluck Jonathan Administration to act by
taking firm, honest and decisive steps to rid
Nigeria of the perennial tag of one of the
world’s most corrupt nations.

[b]In a detailed and frank assessment that
could only be described as stating the
obvious, the report, entitled, “Corruption
and Lack of Transparency in Government,”
confirmed the often-stated view that the
efforts of the anti-graft agencies are
deliberately stymied by the government. The
allegation of deliberately emasculating the
anti-corruption agencies brings to mind
reports last year in which the Economic and
Financial Crimes Commission confessed that
it was broke.

In one of such reports, the EFCC Secretary,
Emmanuel Adegboyega, told the Senate
Committee on Drugs, Narcotics, Financial
Crimes and Anti-Corruption in December
last year, “We (EFCC) have been complaining
that no money has been released to us for
operations. As of now, we don’t have up to
N2 million. If we can afford to pay salaries
this month that is all.” For an agency whose
functions are defined by the number of
arrests and prosecution of corrupt
individuals across the country, how can
those functions be effectively discharged
without money for legal fees and travel
expenses? How can they be motivated if
salaries are not paid?[/b]

Interestingly, one of the other cases of
corrupt practices the US report cited was the
curious state pardon granted a former
Bayelsa State governor, Diepriye
Alamieyeseigha. Aside from his conviction
for treasury looting and money laundering,
Alamieyeseigha, who is still a wanted person
in the United Kingdom, served time in
Nigeria and also had his tenure as governor
truncated, paving the way for Jonathan,
then his deputy, to replace him. The state
pardon implies that the former governor,
who, as an ex-convict, could not occupy
public office, whether appointive or
elective, can now do so. Indeed, Jonathan
has nominated him to the ongoing National
Conference. That is a dangerous signal to
the outside world for a government that
professes commitment to fighting
corruption.


In a similar damning report last year, the
then US Ambassador to Nigeria, Terence
McCulley, reportedly told the Nigerian
government to demonstrate more courage
and conviction in its crusade against graft,
insisting that it was the only way to “send a
clear signal that the country is indeed
committed to good governance, to the
security of its citizens, and to its rightful
place as a significant actor on the global
stage.”


Unfortunately, corruption has been
identified as the major reason for the
arrested development in the country. It is
responsible for reduced public spending,
which results in huge infrastructure deficits,
especially poor roads, lack of electricity,
inadequately-equipped hospitals and low
quality of education. It is also fingered in
the pervasive insecurity in the country, low
quality of governance and general poor
standard of living.

Under the current administration,
corruption has become particularly daring,
even more than anytime before.
Even when
the President stated clearly his readiness to
fight corruption, the government had been
less than convincing in its manner of
handling corruption cases. For instance,
after ordering a series of probes into stolen
oil subsidy money in which the country lost
more than N2 trillion, an amount far in
excess of Nigeria’s capital budget for this
year, nobody has been convicted more than
two years after.


Faced with brazen and self-evident
corruption case in the purchase of two cars
for N255 million for a former Aviation
Minister, Stella Oduah, it still took the
President four months to reluctantly fire
her. He initially set up a committee to
investigate a straightforward case,
apparently to find a way to avoid sacking
the minister.


The US report alleges that, in Nigeria,
“Massive, widespread and pervasive
corruption affected all levels of government
and the security forces.” While alleging that
judges were not left out of the massive
corruption ring, the report accused the
government of not implementing the law on
corruption effectively, thus deliberately
allowing “officials (to) frequently engage in
corrupt practices with impunity.” These are,
possibly, part of what the Speaker of the
House of Representatives, Aminu Tambuwal,
saw when he cried out that the President’s
“body language” encouraged corruption.


Indeed, the US report went far, but only to
the extent of the period it covered, which
was 2013. Since the beginning of this year,
there have been allegations of missing
funds, meant for the Federation Account,
and for further distribution among federal,
state and local governments. But, for
alleging that about $12 billion – later $20
billion – had not been accounted for, the
Central Bank Governor, Lamido Sanusi, was
placed on suspension and a forensic audit
ordered later. Why the hurry in suspending
the CBN governor instead of investigating
his allegations first? The government says
the suspension will pave the way for the
investigation of allegations of financial
recklessness against the CBN governor.


Although both the Nigerian National
Petroleum Corporation and the government
said only $10.8 billion was unaccounted for,
it is still a huge sum of money.
Only a
fraction of that money can build the Lagos-
Ibadan Expressway, the East-West Road and
the Second Niger Bridge. It is money that
could have staved off the prolonged
university teachers’ strike that nearly cost
the institutions a full academic session.


Copyright PUNCH.All rights reserved. This
material, and other digital content on this
website, may not be reproduced, published,
broadcast, rewritten or redistributed in whole or
in part without prior express written permission
from PUNCH.
Contact: editor@punchng.com

Facts are indeed Sacred!! cool

4 Likes

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by adamskutty(m): 7:11pm On Nov 29, 2014
i think the cretinious fvctard called biafranqueen ( what a very primitive name) is suffering from brain tremor grin

The old Biafra ape can't tell the difference btn buhari and abacha? grin

And what's 5billion dollars compared to 20billion dollars ur ijaw snort nosed lord stole? grin grin

Puhahha! Abacha is even a saint compared to Jonathan grin

If i am told to choose btn a pig and ur fisherman president, i will gladly choose the pig to lead us,cos it even seems ur otouke fisherman brain IQ isn't up to half of a pig grin

Jonathan till 2015 grin

Abeg. Ride on, that's how we roll meeehn. grin

7 Likes

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by Nobody: 7:26pm On Nov 29, 2014
Dear PDP: Where is the missing $20 billion

3 Likes

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by idumuose(m): 7:31pm On Nov 29, 2014
For the fact that Buhari exonerated Abacha from corruption charges meant that he was part of the loot.

7 Likes

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by idumuose(m): 7:43pm On Nov 29, 2014
We c still remember how Buhari bribed bayelsa APC delegates with N1m.Who knows how much he planned to bribe the APC benue delegates before his CHARTERED jet was refused permission to land at markurdi airport.

5 Likes

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by Rilwayne001: 8:08pm On Nov 29, 2014
TANjanweedian undecided

1 Like

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by chimerase2: 8:58pm On Nov 29, 2014
The Truth is more bitter than caffeine
Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by biafranqueen: 1:17am On Nov 30, 2014
adamskutty:
i think the cretinious fvctard called biafranqueen ( what a very primitive name) is suffering from brain tremor grin

The old Biafra ape can't tell the difference btn buhari and abacha? grin

And what's 5billion dollars compared to 20billion dollars ur ijaw snort nosed lord stole? grin grin

Puhahha! Abacha is even a saint compared to Jonathan grin

If i am told to choose btn a pig and ur fisherman president, i will gladly choose the pig to lead us,cos it even seems ur otouke fisherman brain IQ isn't up to half of a pig grin

Jonathan till 2015 grin

Abeg. Ride on, that's how we roll meeehn. grin
You people don't have a kobo of sense can you ever debate an issue with intelligence? After 2015 APC will only live in Nairalands archive files.

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by biafranqueen: 1:19am On Nov 30, 2014
idumuose:
We c still remember how Buhari bribed bayelsa APC delegates with N1m.Who knows how much he planned to bribe the APC benue delegates before his CHARTERED jet was refused permission to land at markurdi airport.
Don't mind them they will never remember that when they are vomiting progress party.

1 Like

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by biafranqueen: 1:20am On Nov 30, 2014
idumuose:
For the fact that Buhari exonerated Abacha from corruption charges meant that he was part of the loot.

Simple!

1 Like

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by biafranqueen: 1:21am On Nov 30, 2014
HugeCock:
Dear PDP: Where is the missing $20 billion
Check Kano where someone bought the Emirship grin

1 Like

Re: Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF by biafranqueen: 1:22am On Nov 30, 2014
omenka:




Facts are indeed Sacred!! cool

Rubbish

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