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PDP, APC Reps’ Clash Over Alleged Stolen N30tn - Politics - Nairaland

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PDP, APC Reps’ Clash Over Alleged Stolen N30tn by personal59: 3:36am On Feb 04, 2015
The two major political parties’ caucuses of the House of Representatives, the Peoples Democratic Party and the All Progressives Congress, on Tuesday disagreed over the N30tn alleged to have either been “stolen” or “mismanaged” under the administration of President Goodluck Jonathan till date.

A former Governor of the Central Bank of Nigeria, Prof. Chukwuma Soludo, made the allegation on Monday in a widely circulated article he wrote on the alleged mismanagement of the Nigerian economy under Jonathan’s watch.

The House caucuses held opposing views on the matter in separate interviews with our correspondent.

While the APC caucus demanded an immediate investigation into the allegation by the Economic and Financial Crimes Commission, the PDP caucus simply dismissed it as a “wild, baseless and unsubstantiated allegation.”

Speaking on behalf of the APC, the House Minority Leader and caucus leader, Mr. Femi Gbajabiamila, said the magnitude of the amount involved should cause sleepless nights for any government.

He noted that aside being a renowned economist, Soludo served as the governor of the CBN and was in a position to know the financial dealings of the Federal Government.

“It is a common knowledge that our economy has been leaking profusely over the years due to mismanagement and outright theft.

“However, no one could have imagined the magnitude and volume as suggested by Prof. Soludo. Now, because he is a former CBN governor and an internationally-acclaimed economist, he should know and be taken serious,” Gbajabiamila told our correspondent.

He argued that, even if the money involved was N15tn or N20tn, it could still cripple any economy.

The APC lawmaker from Lagos State spoke further, “Now, let us assume for argument sake that he embellished and exaggerated his N30tn figure.

“Let us slash it by a 50 per cent margin of error to say N15tn or even N20tn, it still beats the imagination and shocks the system.”

Calling on the EFCC to investigate the allegation, he added, “This will be the biggest case of economic and financial crime for which the EFCC was established to look into.

“Ignoring this allegation makes everyone or authority in Nigeria that keeps quiet an accessory, after the fact and just as guilty if the crime is established.”

However, Deputy House Majority Leader, Mr. Leo Ogor, stated that he was surprised to hear an economist of Soludo’s status make such an allegation.

Ogor argued that the former CBN governor’s article appeared more like a product of “guess work and unsubstantiated figures” than anything that should be taken seriously.

The lawmaker from Delta State also claimed that anybody with the intent of “running down a government could easily put figures together and make them appear so convincing.”

He added that when such figures and allegations were subjected to investigation, “you will find out that that the person making all the noise becomes tongue-tied.”

“Our laws stipulate clearly that he who makes allegations must be prepared to show proof.

“Sometimes, some of these our so-called technocrats that have turned politicians overnight, are seeking relevance.

“It is even more embarrassing coming from somebody like Soludo.

“He should go the extra mile to provide all the documents or we should just ignore him and concentrate on good governance as we are already doing,” he stated.

Ogor also dismissed any call to investigate the allegation, saying that Soludo’s article had no “basis at all.”

He claimed that the House in particular would not consider such a move because there was no evidence before it suggesting that N30tn was either stolen or unaccounted for by the Jonathan administration.

“We don’t probe unnecessary allegations. We have been carrying out our budget oversight on all government bodies.

“There is nowhere we have this evidence. This is merely intended to divert attention and it should be quickly ignored,” he added.

He said but for Soludo’s clarification that he was not looking for a job, he (Ogor) would have concluded that the former CBN governor urgently needed to catch the attention of Jonathan for a job.

“If he needs a job, he should say so. There is nothing bad in admitting it.

“But, he says it is not about job,” Ogor told The PUNCH on the telephone.





http://www.punchng.com/news/pdp-apc-reps-clash-over-alleged-stolen-n30tn/

1 Like 1 Share

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by gilgal7(f): 3:59am On Feb 04, 2015
FTC...jump into the beach...grab a big shark open the mouth kiss and take a selfie....hooooppppiiiieeee...
Wolves in sheep clothings...

4 Likes

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by tunwumi: 4:06am On Feb 04, 2015
Why did deputy majority leader want to dismiss this. It is an allegation and all u should according to constitution is to verify.

Is he saying that this is a lie when it have not been investigated? Whaooo this is the type of leaders that should be sweep away by the hurricane of change.

In saner clime this allegation will be give priority as it impinges directly on the economy and lives of the citizen.

If GEJ administration can prove if to be wrong it's a feather to its cap but as usual the man with the skeleton in his cupboard will always say there is nothing there.

Time for change is here FeBUHARI 14

69 Likes

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by nzeadachie: 4:24am On Feb 04, 2015
SOLUDO SHOULD COME UP WITH EVIDENCE OR..............

17 Likes

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by egift(m): 4:47am On Feb 04, 2015
Once again, PDP is sweeping this massive loot under the carpet. Dr. NOI has also suddenly become deaf and dumb.

And some will still ask Nigerians to reelect PDP to Continue Stealing from where they stopped. If about 30,000,000,000,000 (30 trillion) naira can be stolen in 4 yrs, now imaging what PDP have done to Nigeria in 16yrs.

Vote for Change. Vote APC - this money will go into infrastructures and empowering Nigerians to start their own businesses.

63 Likes 1 Share

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by ibisko04: 5:05am On Feb 04, 2015
This is the more reason we must not allow things to continue the same way.
Money is being stolen from government coffer every day by different people and different methods.
Nigerians must not miss this 2015 transition period to take back this country from the locusts.
Every where you go to in government establishments is the same story.
If we can sort this public wastage of our resources, I can tell that Nigeria will become more prosperous than U A E (DUBAI).

30 Likes

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by dokyOloye: 5:05am On Feb 04, 2015
This allegation is meant for d illiterate almajiris in Kano only.
Pls what is d total budget for the whole country in a year?
2014 budget of about 4.5 trillion was highest in d recent past.
30 trillion is like 7 yrs budget.
How long has Dr Iweala been finance minister under GEJ?
Less than 4yrs
Is it possible for such an amount to miss wtout shocking d system?
Pity how even educated Nigerians easily get carried away by mere mention of large sums.
Anybody who has even an elementary knowledge of how govt is run knows that nobody just deeps his hand like that and takes govt money,it is usually tied to inflated contracts,allowances,etc.

52 Likes 12 Shares

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by EmoBoy(m): 5:24am On Feb 04, 2015
Soludo's allegation was based on crude oil and condensate theft over the past four years. Every administration in Nigeria will encounter crude oil theft, the Obasanjo's administration encountered it, Nigeria also lost trillions during the regime.
It is baseless for soludo to accuse Ngozi for crude oil theft and the revenues lost due to the sabottage.

8 Likes 2 Shares

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by januzaj(m): 5:28am On Feb 04, 2015
GEJ OOOO......PROVIDE OUR #30t NOW
.
.
only Buhari can fight corruption
.
.

25 Likes 1 Share

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by januzaj(m): 5:33am On Feb 04, 2015
dokyOloye:
This allegation is meant for d illiterate almajiris in Kano only.
Pls what is d total budget for the whole country in a year?
2014 budget of about 4.5 trillion was highest in d recent past.
30 trillion is like 7 yrs budget.
How long has Dr Iweala been finance minister under GEJ?
Less than 4yrs
Is it possible for such an amount to miss wtout shocking d system?
Pity how even educated Nigerians easily get carried away by mere mention of large sums.
Anybody who has even an elementary knowledge of how govt is run knows that nobody just deeps his hand like that and takes govt money,it is usually tied to inflated contracts,allowances,etc.

16 Likes 1 Share

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by Alphaoscar: 5:40am On Feb 04, 2015
How much is #30trillion? Money that can't buy original Sapele water for GEJ and his goons.

20 Likes

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by spott(m): 5:42am On Feb 04, 2015
GEJ is a failure to Nigeria...... Always causing chaos and calamity in Nigeria.

He will hear it when Buhari enters...... KIRIKIRI MAXIMUM PRISON STRAIGHTTTTTTTT!

I'll send corrupt Nigerians to Kirikiri – Buhari

16 Likes

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by adioolayi(m): 5:52am On Feb 04, 2015
Either saying the truth or not....why not take simple step of investigating the allegation? This as been the major concern of Nigerians, GEJ's body language against corruption!! This government can't just fight corruption, they lack the will to do so!

11 Likes 1 Share

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by egift(m): 5:58am On Feb 04, 2015
dokyOloye:
This allegation is meant for d illiterate almajiris in Kano only.
Pls what is d total budget for the whole country in a year?
2014 budget of about 4.5 trillion was highest in d recent past.
30 trillion is like 7 yrs budget.
How long has Dr Iweala been finance minister under GEJ?
Less than 4yrs
Is it possible for such an amount to miss wtout shocking d system?
Pity how even educated Nigerians easily get carried away by mere mention of large sums.
Anybody who has even an elementary knowledge of how govt is run knows that nobody just deeps his hand like that and takes govt money,it is usually tied to inflated contracts,allowances,etc.

Soludo clear stated where the money was missing from - Crude oil stolen by people close to Jonathan. There is even allegations that Patience have vessels siphoning and bunkering crude oil for her.

9 Likes

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by BlackTechnology: 6:06am On Feb 04, 2015
egift:
Once again, PDP is sweeping this massive loot under the carpet. Dr. NOI has also suddenly become deaf and dumb.

And some will still ask Nigerians to reelect PDP to Continue Stealing from where they stopped. If about 30,000,000,000,000 (30 trillion) naira can be stolen in 4 yrs, now imaging what PDP have done to Nigeria in 16yrs.

Vote for Change. Vote APC - this money will go into infrastructures and empowering Nigerians to start their own businesses.
spott:
GEJ is a failure to Nigeria......
I'll send corrupt Nigerians to Kirikiri – Buhari
Alphaoscar:
How much is #30trillion? Money that can't buy original Sapele water for GEJ and his goons.
januzaj:
GEJ OOOO......PROVIDE OUR #30t NOW
.
.
only Buhari can fight corruption
.
.
tunwumi:
Why did deputy majority leader want to dismiss this. It is an allegation and all u should according to constitution is to verify.
Is he saying that this is a lie when it have not been investigated? Whaooo this is the type of leaders that should be sweep away by the hurricane of change.
In saner clime this allegation will be give priority as it impinges directly on the economy and lives of the citizen.
If GEJ administration can prove if to be wrong it's a feather to its cap but as usual the man with the skeleton in his cupboard will always say there is nothing there.
Time for change is here FeBUHARI 14
ibisko04:
This is the more reason we must not allow things to continue the same way.
Money is being stolen from government coffer every day by different people and different methods.
Nigerians must not miss this 2015 transition period to take back this country from the locusts.
Every where you go to in government establishments is the same story.
If we can sort this public wastage of our resources, I can tell that Nigeria will become more prosperous than U A E (DUBAI).




Did you guys see the four walls of school

There is no way GEJ can loot 30tr naira and still be able to pay salaries let alone projects


Think before you talk angry

18 Likes 4 Shares

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by dokyOloye: 6:17am On Feb 04, 2015
egift:


Soludo clear stated where the money was missing from - Crude oil stolen by people close to Jonathan. There is even allegations that Patience have vessels siphoning and bunkering crude oil for her.
If it is about stolen crude oil,what is d connection with b/w that and Dr Iweala,is she in charge of policing the creeks?
Does it mean that what has been stolen in less than 4 yrs is more than what has been returned to govt coffers in 7yrs?Highly impossible if U ask me.Still doesn't add up.

9 Likes 1 Share

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by fitzmayowa: 6:18am On Feb 04, 2015
BlackTechnology:






Did you guys see the four walls of school

There is no way GEJ can loot 30tr naira and still be able to pay salaries let alone projects


Think before you talk angry

Sometimes i just wonder how people reason, they tend to believe everything...How is it possible for GEJ to steal 30trillion naira

Its so unfortunate our so called enlightened youth, can't read between the lines to know what is true and what is not, they just believe all this propaganda...SMH

14 Likes 2 Shares

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by BlackTechnology: 6:22am On Feb 04, 2015
fitzmayowa:


Sometimes i just wonder how people reason, they tend to believe everything...How is it possible for GEJ to steal 30trillion naira

Its so unfortunate our so called enlightened youth, can't read between the lines to know what is true and what is not, they just believe all this propaganda...SMH


Gbam

We have lots of educated illiterates in Nigeria. cool

11 Likes 2 Shares

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by Rawani: 6:23am On Feb 04, 2015
If Jonathan and his cronies are not guilty, why not allow an investigation to silence the Prof? I expect the APC members in the house to apply pressure on this issue, and if not addressed immediately, this should be made a campaign issue ASAP.

As for the young Nigerians here defending corruption for their selfish political interests - he who sows the wind, will reap a whirlwind.

5 Likes

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by EmmaOgbu(m): 6:25am On Feb 04, 2015
Wahala
Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by egift(m): 6:29am On Feb 04, 2015
dokyOloye:
If it is about stolen crude oil,what is d connection with b/w that and Dr Iweala,is she in charge of policing the creeks?
Does it mean that what has been stolen in less than 4 yrs is more than what has been returned to govt coffers in 7yrs?Highly impossible if U ask me.Still doesn't add up.

She is not just the Minister for finance, but the coordinating minister of the nation's economy - that includes every single kobo. If you want to defend her, better try harder.

5 Likes

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by egift(m): 6:34am On Feb 04, 2015
BlackTechnology:
Did you guys see the four walls of school

There is no way GEJ can loot 30tr naira and still be able to pay salaries let alone projects

Think before you talk angry

So the only you are throwing insults is that you believe Jonathan cannot preside over such a big loot? What a shame.

Don't for get the AU report that also indicted Jonathan.

The report of the Thabo Mbeki High Level Panel on Illicit Financial Flows from Africa adopted on Sunday by African Union Heads of State and Government at their summit in Addis Ababa, Ethiopia said about $40.9billion (about N6.87trillion) of an estimated $60billion (about N10.08trillion) lost through such transfers from Africa are traced to Nigeria.
https://www.nairaland.com/2127501/n6.87trillion-stolen-nigeria-yearly-au

If you want to defend Jonathan and his corrupt tendencies, you better try harder.

4 Likes

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by personal59: 6:39am On Feb 04, 2015
Welcome to FEBUHARI . There is time for everything...
February 1 = B
February 2 = U
February 3 = H
February 4 = A
February 5 = R
February 6 = I
February 7 = O
February 8 = S
February 9 = I
February10= N
February11= B
February12= A
February13= J
February14= O
Hope this Equation is balance?
BUHARI OSINBAJO = FEBRUARY 14.

9 Likes 1 Share

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by BlackTechnology: 6:41am On Feb 04, 2015
egift:


So the only you are throwing insults is that you believe Jonathan cannot preside over such a big loot? What a shame.

Don't for get the AU report that also indicted Jonathan.


https://www.nairaland.com/2127501/n6.87trillion-stolen-nigeria-yearly-au

If you want to defend Jonathan and his corrupt tendencies, you better try harder.


Politics aside think


Its not possible


How much do we generate yearly.?

1 Like

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by personal59: 6:41am On Feb 04, 2015
BlackTechnology:






Did you guys see the four walls of school

There is no way GEJ can loot 30tr naira and still be able to pay salaries let alone projects


Think before you talk angry


Brother pls let m wake u up

Can u calculate ffor the amount missing in terms of subsidy per year?

Brother
Brother
Brother

Pls can u calculate how the foreign reserve get reduced to that level without any tangible infrastructure to show for it



Ohhhhh
Brotherrrrrr

Pls can u account for how Nigeria debt Is going on increase nd reserve decrease without anything on ground


Ohhhhhh if u want more pls let m knw




And on d issue of salary do u knw d fed govt av been paying salary of there workers alphabetically and not once anymore meaning surname which begin with letter 'H' can get can get salary 1-3weeks after Mr surname 'A' av received his or hers do u knw y pls find out.

7 Likes

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by egift(m): 6:54am On Feb 04, 2015
BlackTechnology:
Politics aside think


Its not possible


How much do we generate yearly.?

Yes. Example: In 2011, the budget had about 400b naira for subsidy payments. But during the Protest in 2012 and the probe that ensured, it was discovered that Jonathan paid 1.7trillion on Subsidy.

So BlackTechnology, tell us where the extra 1.3 trillion came from and where it went to since it was completely outside the budget? That one is Subsidy payments alone. Add some millions, billions and trillions stolen here and there - and you will understand what is going on.

3 Likes

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by dokyOloye: 7:23am On Feb 04, 2015
egift:


She is not just the Minister for finance, but the coordinating minister of the nation's economy - that includes every single kobo. If you want to defend her, better try harder.
Very soon ppl who r unable to impregnate their wives will blame Dr Iweala too after all,its an economic matter too.
So if the Navy,army,maritime police,NIMASA,etc fail in their duty,Dr Iweala should be blamed too?
Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by BlackTechnology: 8:03am On Feb 04, 2015
egift:


Yes. Example: In 2011, the budget had about 400b naira for subsidy payments. But during the Protest in 2012 and the probe that ensured, it was discovered that Jonathan paid 1.7trillion on Subsidy.

So BlackTechnology, tell us where the extra 1.3 trillion came from and where it went to since it was completely outside the budget? That one is Subsidy payments alone. Add some millions, billions and trillions stolen here and there - and you will understand what is going on.


Good observation

But

Give us time to study it. cool
Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by BlackTechnology: 8:04am On Feb 04, 2015
personal59:



Brother pls let m wake u up

Can u calculate ffor the amount missing in terms of subsidy per year?

Brother
Brother
Brother

Pls can u calculate how the foreign reserve get reduced to that level without any tangible infrastructure to show for it



Ohhhhh
Brotherrrrrr

Pls can u account for how Nigeria debt Is going on increase nd reserve decrease without anything on ground


Ohhhhhh if u want more pls let m knw




And on d issue of salary do u knw d fed govt av been paying salary of there workers alphabetically and not once anymore meaning surname which begin with letter 'H' can get can get salary 1-3weeks after Mr surname 'A' av received his or hers do u knw y pls find out.


Good observation

But

Give us time to properly study your point cool
Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by tunwumi: 8:25am On Feb 04, 2015
So he used the missing money to pay salaries of his crooks and cronies!

I see. U are one of them

BlackTechnology:






Did you guys see the four walls of school

There is no way GEJ can loot 30tr naira and still be able to pay salaries let alone projects


Think before you talk angry

1 Like

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by o42austino(m): 8:33am On Feb 04, 2015
egift:
Once again, PDP is sweeping this massive loot under the carpet. Dr. NOI has also suddenly become deaf and dumb.

And some will still ask Nigerians to reelect PDP to Continue Stealing from where they stopped. If about 30,000,000,000,000 (30 trillion) naira can be stolen in 4 yrs, now imaging what PDP have done to Nigeria in 16yrs.

Vote for Change. Vote APC - this money will go into infrastructures and empowering Nigerians to start their own businesses.
Allegation is not fact,if Mr.Soludo is sure what he is saying,he shld send hard evidence to the House,House cant just start Investigation base on Allegations, Allegations that are not backed by Evidence is a waste of time.

2 Likes

Re: PDP, APC Reps’ Clash Over Alleged Stolen N30tn by oluspencer(m): 8:37am On Feb 04, 2015
nzeadachie:
SOLUDO SHOULD COME UP WITH EVIDENCE OR..............


Why are u playing tribal politics. We understand that this regim ruins the Efcc but 30trn should be investigated.

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