Order investigation into N14tr sleaze before May 29, PDP tells Buhari

May 15th, 2019

*Challenges Itse Sagay to compile list

By Myke Uzendu, Abuja

The Peoples Democratic Party (PDP) has challenged President Muhammadu Buhari to account for the humongous corruption and treasury looting, under his watch, amounting to over N14 trillion, before the May 29 expiration of his first tenure.

The party further charged the Chairman of the Presidential Advisory Committee on Anti-corruption, Prof. Itse Sagay, to help the nation by advising President Buhari to present his stewardship for investigation for alleged corruption, instead of his unnecessary fixation on court rulings in Rivers State.

The PDP in a statement on Wednesday by its National Publicity Secretary, Kola Ologbondiyan pointed out that President Buhari must show his integrity by opening books of his tenure for investigation, the same way he is demanding same from other elected officials in the legislature and the states.

The PDP notes that the Buhari-led APC administration is going down in history as “the most corrupt administration ever; a stinking sanctuary of treasury thieves that thrives in manipulation, deception and official concealment.

“It is totally unpardonable that President Buhari, despite his claimed integrity and zero tolerance for corruption, not only superintended over an administration that reeks and wallows in ocean of corruption but also refused to allow any investigation into earth shaking corruption under his watch.”

The PDP demanded that the Buhari Presidency should order investigation into the whereabouts of “N9 trillion ($25billion) allegedly stolen in his Ministry of Petroleum Resources, through under-hand oil contracts as detailed in the leaked NNPC memo.

“The Buhari Presidency should also explain the circumstances surrounding the alleged corruption in the handling of the N2.6 trillion oil subsidy regime, particularly the alleged N58 hidden tax per liter which Nigerians have continued to bear since the fuel price increased from PDP subsidized cost of N87 to presumably unsubsidized cost of N145 as well as the reported stealing of N1.1 trillion worth of crude oil using 18 unregistered companies, allegedly linked to members of the cabal at the Presidency.

“The PDP challenges President Buhari to allow an investigation into the alleged looting of over N40 billion Internally Displaced Persons (IDP) funds; the over N45 billion allegedly looted from the National Health Insurance Scheme (NHIS); the alleged siphoning of $322m repatriated funds; the alleged extortion of N1.2 billion through the Central Bank of Nigeria (CBN)’s Anchor Borrowers’ Programme, as well as the billions stolen under the ‘tradermoni’ project, among others”.

The party stressed that unless Mr. President has something to hide, he should within the next 14 days, allow for an independent inquest into these allegations of corruption.

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