By Johnbosco Agbakwuru
ABUJA – THE presidency Sunday night said that there was evidence that the nation’s apex bank, the Central Bank of Nigeria, CBN got specific instruction to ensure billions were moved from the bank directly to the residence of the former president Goodluck Jonathan.
Ex-President GoodLuck Jonathan
This new discovery is coming few days after Vice President Yemi Osinbajo described grand corruption as the elephant in the room when discussing the Nigerian economy.
A source in the presidency said more compelling details have been established showing how several tranches of funds were illegally removed from the public by the Jonathan’s administration specifically ahead of the 2015 presidential elections.
The source claimed that the former National Security Adviser, NSA personally supervised the physical transfer of the money from the CBN vaults to the private residence of the former President.
According to the source, “In one particular instance over N70 billion was released in parts from the national treasury between January 8 and February 25, 2015. The over $289M which was also referenced last week by the Vice President is said to be included in this particular series of illegal transactions.
“Besides, that in another illegal disbursement, the minutes of the Central Bank board meeting of 25th August 2014 indicated the board’s okay of another N60B requested by the former President and released later by the Central Bank.”
A presidency source specifically claimed that sum which was okayed by the CBN board was not tied to any project or procurement, and was meant and disbursed purely for campaign purposes, through the office of the then NSA and the SSS leadership at the time.
He said that N60 billion that was okayed by the CBN on August 25, 2014 was said to have been shared between the two security agencies thus: N40B went to the NSA while N20 billion was released to the State Security Services (SSS).
“While some of these newly emerging fund disbursements have been traced to the former NSA, there are indications that some of the funds are unconnected to the ongoing Defence contract trials of the former NSA,while some might,” he said.
Recall that Osinbajo, in a recent speech, had alleged that weeks to the 2015 election under the administration of former president Goodluck Jonathan about N100B was released and embezzled. He also disclosed that about $289m was disbursed illegally about the same time.
The new discovery revealed that the $289m mentioned by the Vice President was released on February 25, 2015
Details of the deal shows that documents including cash vouchers indicate that $289,202,382 was released in cash to the NIA by the Central Bank of Nigeria from the Joint Venture (JV) Cash Call Account No. 000-0000-11658-366 of the NNPC/NAPIMS with JP Morgan Chase Bank, New York, USA.
At the exchange rate then of $199 to a naira, $289m was equivalent to about N60 billion. But had the money not been stolen, it would be at today’ s rate over N104B.
According to the source, further findings showed that in yet another set of illegal fund withdrawals under one week between January 8 and 16, 2015, the sum of N1.5 billion was released in three tranches of N300m, N400m and N800m respectively.
He said, “This money was released from the MEA Research Library Account to the Jointrust Dimension reportedly owned by Danjuma Yusuf and Nenadi Esther Usman.”
The source further said the sum was transferred to their various political associates, which included a former minister that is critical to President Muhammadu Buhari’s government.
Further findings showed that N350 million was allegedly transferred to the former minister through his Zenith Bank Account No. 1004735721, on February 2, 2015.
Also, another N250 million was allegedly transferred to him through the same Zenith Bank Account on February 19, 2015.
A document further showed that yet another N10 billion was released to the Office of the National Security Adviser by the Central Bank of Nigeria (CBN) on September 15, 2015.
The money was said to have been released in tranches of foreign exchange of $47 million, $5 million, 4 million Euros and 1.6 million Euros.
A letter from the Office of the NSA in November, 2014 further showed that the monies were released by the CBN as ‘funds for special services’.
“Further to our discussion, you are pleased requested to provide the sum of Forty Seven Million United States Dollars (USD47,000,000,00)cash out of the Ten Billion Naira (N10,000,000,000,00) and the balance in Euro to this office for special services,” a letter signed by the former NSA read.
Findings have shown that this particular CBN release of N10B was sourced in November 2014 from a N40 Billion CBN released funds meant for Corporate Social Responsibility, CSR. It was this N10B that former President Jonathan instructed the CBN Governor and the then NSA to deliver to him personally in a private residence in Abuja. Sources said the money was illegally transferred using CBN van for the use of “PDP Presidential Primaries.”
An official source noted that even more illegal transactions would soon be unearthed.
https://www.vanguardngr.com/2018/03/breaking-7/

my country my country .....meanwhile I bet everyone reading this right now has their phone in their right hand,
three fingers at the back of the phone,
their pinky at the bottom and scrolling with their thumb...�

100,000,000,000. God in heaven, thank you for being God

Only extremely foolish people still argue against the massive stealing that took place under Jonathan.

Osinbajo and his office have become the official lying mouth of this regime.

Why are you telling us what we already know?? Like will it make APC better in citizens eyes or what??

seunmsg:
Only extremely foolish people still argue against the massive stealing that took place under Jonathan.

And only infinitely stupid Ppl will kip believing d govt.. So a govt which claims to b fighting corruption has concrete evidence of scoring a major point in d fight and gain some much needed cpnfidence boost by winning in d courts but dey prefer to jus tell Nigerians and dats it? For dem to do wat exactly? Help dem charge d accused Ppl to court or convict dem? Have U taken tym to let ur brain process d fact dat despite all d evidences dey claim to have against GEJ, what is holding dem back from prosecuting him? What has happened to d Diezani case both here and in d UK? Let ur brains do d reasoning for U guys, stop delegating it to ur ass

We already know that Jonathan never saw anything wrong with stealing.

Intact, he was even disgusted that Buhari's military regime jailed Jim Nwobodo for stealing money ($5.1m) not enough to buy Peugeot.

My only surprise is that he is not languishing in jail yet.

eTECTIVe:


And only infinitely stupid Ppl will kip believing d govt.. So a govt which claims to b fighting corruption has concrete evidence of scoring a major point in d fight and gain some much needed cpnfidence boost by winning in d courts but dey prefer to jus tell Nigerians and dats it? For dem to do wat exactly? Help dem charge d accused Ppl to court or convict dem?

You dey mind that fella.I give no Bleep to quote any of his kind.

OK

Typical diversionary tactics of a sinking rudderless govt seriously grasping at any thing to remain relevant. Buhari's govt have become quite comfortable at dishing out propaganda to mask their incompetence. If they have proofs, they would have shown it to the public.
Anyway they should keep on with the propaganda and character assassination. One thing that will never change in view of this govt's hardship delivery like hunger, recession, secret increase in data prices, high food prices, secret increase in fuel price, sponsored massacres and genocide, food insecurity due to herders attacks etc currently ravaging everyone, Nigerians were BETTER off under GEJ's govt of corruption than Buhari's rudderless govt of saints were animals become millionaires overnight.

seunmsg:
Only extremely foolish people still argue against the massive stealing that took place under Jonathan.

And the one happening under Buhari is called what?

Is no wonder why there is Hunger n hardship in da land

If Jonathan wasn't from the Niger - Delta, he'd be cooling off in some underground 6*6 feet prison cell by now, but we can't risk his militant brothers taking us back into recession.

Paperwhite:
And what about the massive official corruption that have been recorded & still ongoing in this bleeped regime?
It's not the same corruption APC have been selectively probing in the past 3years? So why have they not charged & convict Jonathan all along?
A fact remains that APC have seen that the blame Jonathan syndrome have refused to stick in background of their catastrophic record as the most useless government Nigeria have ever seen.
Therefore outright repackaged propaganda of blackmailing is the new resort.

what is this one saying

ebukahandsome:



And the one happening under Buhari is called what?

idiotic pigs of Biafra said the highest corruption case in this regime is 200m naira for cutting grass.

And the lowest corruption case in your ineffectual buffoon regime is 9.8b naira for stove we are still waiting for.

buhariguy:
idiotic pigs of Biafra said the highest corruption case in this regime is 200m naira for cutting grass.

And the lowest corruption case in your ineffectual buffoon regime is 9.8b naira for stove we are still waiting for.

Dogs are not allowed to quote,pls.

You have proof of everything yet no single indictment. We are tired of propaganda. Head to court and not newspaper front-page

Is that how NigerDelta would manage oil proceeds if they got the resources control?

Assuming the have all those monies as their own, won't they budget for it before spending.

Anyway, PMP has his kinsmen in control of key position now, thatz the retaliations

Only foolish people still continue to live and blame the useless past administration.

Firefire:
Only foolish people still continue to live and blame the useless past administration.

Are you now admitting for the first time in your life that past administration was indeed "useless"...in your own words?

100bn.......and we are fighting corruption ....

u av proofs but no action is taken against him.........

FastShipping:


Are you now admitting for the first time in your life that past administration was indeed "useless"...in your own words?

Useless party! But the uselessness is NOT comparable to this current FOOLS cum accidental rogues in power.

May it not be well with APC after PDP.

You will become past administration after 2019 and we will audit your own account.

This is 2018 and this administration is still on this subject. Why don’t they just go and arrest Jonathan rather than give us sensationalism. I am just too tire of reading the same information from the Buhari administration

mekaboy:
You will become past administration after 2019 and we will audit your own account.

Fair enough.

seunmsg:
Only extremely foolish people still argue against the massive stealing that took place under Jonathan.

Only hopeless people still talk about Jonathan when people of Benue are dying every day defencelessly. Only foolish people still point at Jonathan for the failures of today's government.

Only stupid idiots believe that corruption in Nigeria started between 2009-2015.
Jonathan and #100bn is not your problem.

FastShipping:


Are you now admitting for the first time in your life that past administration was indeed "useless"...in your own words?

Name useful administration since 1960 October

emmie14:

Name useful administration since 1960 October

Gowon and Muritala.

FastShipping:


Gowon and Muritala.

are u at right mind? Murtala spend about 8months and was assassinated. He came through coup and gowon who spent his time fighting war. Both where military dictators. You sounds biased

Then ARREST GEJ and whoever that is responsible!!!!

Its time APC STOP having proofs. They should do the needful with their proofs