Pres. Buhari Winning War Against Corruption As SPIP Recovers Millions Of Dollars

PoliticsNGR has gathered that President Muhammadu Buhari's war against corruption is gaining grounds as the Special Presidential Investigation Panel(SPIP) has recovered huge sums of money from corrupt looters and officials around the country.

The Special Presidential Investigation Panel (SPIP) for the Recovery of Public Property has recovered seven million Dollars ($7 million) Or (₦2.1 billion at official rate) illegally kept in Heritage Bank.

Chairman of the panel, Mr Okoi Obono-Obla, disclosed this while briefing President Muhammadu Buhari on activities of the panel.

The panel has also recovered ₦533 million and land worth N1.5 billion, from the “Previous Management” of NEXIM Bank. The recovered funds and property had since been returned to the bank.

The panel has also recovered and returned to the National Theatre, ₦24 million which was diverted by some directors of the agency. Also recovered, were 2 hectares of land in Abuja valued at over N2 billion, belonging to the National Council of Arts and Culture.

The panel went on and recovered and returned a part of Agura Hotel belonging to the Nigerian Ports Authority (NPA). The recovered part of the hotel had been illegally “annexed by some so-called powerful persons with untouchable connections for over 20 years”.

Other recoveries by the SPIP, according to Obono-Obla, are 19 official Sports Utility Vehicles allegedly made away with by former Commissioners of the National Population Commission after their tenures in office.

He said the panel had charged a former Director in the Federal Ministry of Power, Works and Housing to court for failure to declare his assets. The assets include houses in upscale areas of Abuja, a quarry and a farm within the Federal Capital Territory, for which a court has granted an interim forfeiture order.

The SPIP is also investigating some members of the National Assembly and former governors for a range of alleged offences. These include illegal purchase of designated official residences for principal officers of the National Assembly excluded from the monetisation policy at giveaway prices.

Others are purchase of several properties worth hundreds of millions in various currencies, and flagrant abuse of office thus causing financial adversity to the nation.

Mr. Obono-Obla said the SPIP was partnering with the United Kingdom’s Home Secretary to ensure that some public officers "perceived to have looted public funds and illegally acquired assets both in Nigeria and the UK”, were prevented from entering that country.

The SPIP chairman equally told the President that the panel was beaming its searchlight on several companies for a wide range of alleged offences. Some of the companies, he said, are

Celtel, for alleged tax evasion since 2005;
Western Oil and Gas, for illegally drilling crude oil in Delta, and seven others for alleged failure to pay royalties to the Federal Government in about 10 years.
He said some multinational oil companies based in Egi Kingdom, Rivers, were also being investigated for allegedly conniving with unscrupulous individuals to dodge their obligations to the community to the tune of ₦38 billion and $30 million

Also under investigation by the panel is another company, which has failed to fulfil its contractual agreement to dredge the Calabar Channel, years after receiving $12 million.

The panel has also compiled a list of over 200 past and serving public officers perceived to have illegally enriched themselves at the expense of the nation and the Nigerian people, among others,” Obono-Obla said in the briefing.

President Buhari assured the panel of his continued support and non-interference in line with his administration’s stance on the anti-corruption fight.

Obono-Obla said the panel would remain committed to its mandate, in addition to complementing the Federal Government’s fight against corruption.

He solicited the continued support of Nigerians to the panel with useful information that would lead to the recovery of looted public assets.

https://politicsngr.com/president-buhari-winning-war-corruption-spip-recovers-millions-dollars/

All in the papers as usual. How does this affect the price of a Basket of Tomato,Sack of Garri or even reduce pure water back to N5. Lie lie government.

I carry FIRST TC . . . NAIJA is Winning today.

Make We Hear Word Abeg

This smiling man in the above picture who we put our trust in has failed us, Do not be deceived the second time


Of what use is the recovered money if it will not create any impact in the economy?

According to wikipedia https://en.wikipedia.org/wiki/Johns_Hopkins_Hospital

Johns Hopkins, a Baltimore merchant and banker, left an estate of $7 million (US$134.07 million in 2016) when he died on Christmas Eve 1873 at the age of 78. In his will, he asked that his fortune be used to found two institutions that would bear his name: "Johns Hopkins University" and "The Johns Hopkins Hospital." At the time that it was made, Hopkins's gift was the largest philanthropic bequest in the history of the United States.[12]....

...When completed in 1889 at a cost of $2,050,000 (US$50.8 million in 2016), the hospital included what was then state-of-the art concepts in heating and ventilation to check the spread of disease.

Let me tell you why some of us think education matters when selecting a leader and not having a school cert is a big deal.

Mr buhari hurriedly purchased 12 tucano fighter jets for $500 million to be delivered in 2020.
This money will build 10 john hopkins hospitals and all he will need to do especially when his son fell off the bike is to get expert surgeons to get on the next flight to Nigeria while they stabilize yusuf in one of those hospitals.

Not only will the citizens be able to get health care without taking our money to USA, we will see an upward spike in medical tourism, job will be created, more taxes will be paid, and this would go down in history.

2019, I am not casting my vote for smooth talkers, motivational speaker, donald dukes and atikus anymore, I am casting my vote for the "tout without experience" named Sowore, just as they prefer to address him these days.

Nigeria must change, i dont want to know how or who will, My country must become an envy of all nations.
i seize this opportunity to call on celebrities, GEJ sympathizers, tinubu haters, to lets join force and stand with Sowore.
If Wizkid and the Nigerian jersey can make it, Nigeria can.

attached image is the newly built JHH

Buhari where is the money?



Obj where is the Power?

Good one sir but let all these recover loots be share into 6. Each Geo-political zone to enjoy infrastructural development from it like the Sukuk loan. For now, it seems like the looted money is been re-looted from budget like the Abacha's loot.

Ok

Everyday we keep hearing Buhari govt recovers thousands,millions,billions and trillions of naira and we still borrow.

Another $500m from Abacha loot that Buhari said was not corrupt will be hitting fed govt account soon.

My question,why is their still no effect on the common man?Maybe the monies are been recovered and re-looted again.

I am still waiting for EFCC to start investigation on Adams Oshiomole,but I know is DOA.

scam

Please throw the money into our economy abi that one too hard?

Sai baba

Make I hear word! Winning my ass

emmmmm. Everyday same thing.

Money way we no go use eye see

Very good one

Buhari just go home.
We are tired of the lies

vizkiz:
Eyah, Weldone PMB

Still wouldn't make us vote for you. You are too old and rusty to lead this country to greatness. Back to the north we shall send thee

So you believe this sh!t

Campaign things.

If I don't get a better option! Buhari pls continue o jarey!!!!!!

No one asked how this got to front page in less than 10mins, less than 1page comments


Seun, APC has taken over your platform

Hmm

Buhari issa FOOL

dapsin999:
All in the papers as usual. How does this affect the price of Basket, Garki even reduce pure water back to N5. Lie lie government.

do you want price of pure water to be 20 Naira.
This reduction shows that the Naira is adding value

Everyday recovered money still people dey suffer
What is the need of re-covering money that won't benefit the masses small time we go ear say 1 animal don swallow am #Naija need help[color=#990000][/color]

we are getting there...sai baba

tiredoflife:
Buhari just go home.
We are tired of the lies

What lies? Do you have contrary facts to what has been provided?

A lot of you are now like robots. You just keep repeating the same nonsense even in the face of facts.

Has anyone come up to say what was said above is false? Or did you not read the names and agencies / organisations mentioned?

oshe11:
Buhari issa FOOL

And you are a dolt