Monday, 10 August 2015

Buhari To Jonathan: Looted Funds Must Be Returned

Former Head of State Gen. Abdulsalami Abubakar facilitated President Muhammadu Buhari’s meeting with his predecessor, Dr. Goodluck Jonathan, The Nation learnt yesterday.
Thursday night’s meeting at the Villa was at the instance of the 2015 Elections Peace Committee, following complaints by Jonathan that the President was not sticking to the peace accord they signed.

Jonathan also sought for understanding on alleged corrupt practices and
mismanagement of funds under his administration, it was learnt.
A source said Jonathan claimed that he was hearing about some of the graft
allegations for the first time.
But Buhari was said to have insisted that all looted funds must be returned to the
nation’s coffers.
He also restated his pledge that Jonathan had nothing to fear at all, according to a
source who pleaded not to be named because of the “sensitivity” of the matter.
The outcome of the session was said to have informed Vice President Yemi
Osinbajo’s declaration at the weekend that the Buhari administration’s anti-corruption
battle was not targeted at Jonathan.
According to the source, the parley was arranged by Abdulsalami.
Jonathan was uncomfortable that Buhari had moved against his ex-Chief Security
Officer (CSO), ex-National Security Adviser (NSA) and some ministers.
The source said Jonathan asked the Abdulsalami Committee to prevail on Buhari not
to “rubbish” him.
The source said: “For some weeks, Jonathan has been in the country to iron out
some issues on his government.
Based on Jonathan’s complaint, Abdulsalami made efforts – five times- to get in
touch with Buhari but the ex-Head of State could not get through on time. I think
Buhari already had security reports on Jonathan’s emissary.”
At a point, Abdulsalami expressed his frustration to some former Presidents who
also prevailed on Buhari to give the committee a chance to mediate.
The source added: “This was how Abdulsalami succeeded in securing an
appointment from Buhari for Jonathan with a caveat that the immediate past
President should feel free to bare his mind.”
Giving an insight into the talks, another source said: “Jonathan said he was hearing
some of the allegations, especially financial sleaze, against his administration for the
first time. He made it clear that he had nothing to do with some of these corrupt
practices.
“He said whatever steps or actions the President intends to take; it should be within
the framework of the peace accord the two leaders signed. Obviously, he wanted
soft landing.
“He also pledged to cooperate with Buhari as much as possible on all steps he is
going to take.”
Buhari, it was gathered, restated his pledge that Joanthan had nothing to fear. But
he said there was no going back on the recovery of looted funds.
“The President reassured Jonathan that he has no personal agenda against him. But
he insisted that whatever was stolen from the treasury must be returned,” the source
said.
There were indications last night that ex-President Olusegun Obasanjo’s visit to
Buhari was part of moves to “offer advice” to the President on the issues raised by
Jonathan.
When contacted, the Special Adviser on Media and Publicity to the President, Mr.
Femi Adesina, said: “I am aware that President Buhari met with ex-President
Goodluck Jonathan but it was behind closed doors. I don’t have the details of what
they discussed.”
Some of the issues which made Jonathan to seek peace talks with Buhari are:

probe of $2.1billion illegally withdrawn from the Excess Crude Account without

recourse to the National Economic Council(NEC);

whereabouts of $4billion taxes and dividends paid by the Nigerian Liquefied
Natural Gas Limited between 2009 and 2014;

how the Nigerian National Petroleum Corporation (NNPC) spent N3.8trillion in
three years;

likely trial of some ex-ministers; and

list of looted funds, banks where they are kept and ex-ministers or government
officials affected.

The National Economic Committee (NEC) had on June 29 raised a four-man panel
on how NNPC spent N3.8trillion in three years.
The four “wise men” are Governors Adam Oshiomhole (Edo), Udom Emmanuel
(Akwa Ibom), Mallam Nasir el-Rufai (Kaduna) and Ibrahim Dankwambo (Gombe).
Awaiting the committee’s report, Governor Adams Oshiomhole joined issues with the
immediate past Minister of Finance Dr. Ngozi Okonjo-Iweala, on how $2.1billion in
ECA was disbursed without approval.
He said of the $2.1billion, only $1billion was paid to oil marketers as fuel subsidy
and about $1billion used for election purposes.
Although, Mrs. Okonjo-Iweala claimed that the ex-President approved the spending
of $1billion, Oshiomhole said Jonathan had no right to do so.
He said any withdrawal from Excess Crude Account ought to be approved by the
National Economic Council (NEC).
The Nation had on July 15 published that the ex-President approached the Gen.
Abdulsalami National Peace Committee for the 2015 General Election, for protection.

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