Yemi Osinbajo Reveals Grand Corruption Witnessed During Goodluck Jonathan’s Era (MUST READ)

Date: 07-05-2018 2:45 pm (3 years ago) | Author: onuigbo felicia
- at 7-05-2018 02:45 PM (3 years ago)
Online (f)

Vice President Yemi Osinbajo has reacted to the wide spread reports that he made unsubstantiated allegations about grand corruption during the Jonathan administration.
Vice President Yemi Osinbajo’s office has revealed details of mind-boggling corruption during the Jonathan era and even called them a tip of the iceberg.
The details were published last night in a reaction to the accusations by spin doctors of former President Goodluck Jonathan, who claimed Osinbajo made unsubstantiated allegations about grand corruption during the Jonathan era.
The statement by senior special assistant on media, Laolu Akande, said the Vice President did not at anytime accuse Jonathan in person, but only said the blatant corruption cases were committed during his presidency.
The full statement:
Quote
“WE have read reports attributed to “a media office of former President Goodluck Jonathan”. It is clear from the foul language of the authors that the statement could not have come from the former President, but from the motley group of loud and rude characters whose brief seems to be to deny all and anything said against the former PDP government and to do so in the crassest possible language.
The alleged spokespersons of the former President say that facts long in the public domain, some even being used to prosecute several corruption cases are lies and that those of us in government restating these well known facts are liars.
They accuse Vice President Yemi Osinbajo, SAN, of lying against the former President or his government citing their involvement in the stealing of three billion dollars, while speaking recently at The Platform event on the 1st of May.
Just for clarity, I quote the Vice President “Grand corruption remains the most enduring threat to our economy. Three Billion US dollars was stolen in what was called the strategic alliance contacts in 2013, three Nigerians were responsible, today three billion dollars is one trillion Naira and our budget is 7trillion! ….”
Two issues emerge. First, no mention is made of the former President.

Second, the story is not only true, it has been in the public domain for almost three years and it is the subject of criminal investigation and trials both here and in the UK.
The spokespersons also say that the allegations of corruption against the PDP government are mere lies. For clarity, the facts are laid out as follows:
As the Vice President said, $3B was stolen in the so- called NNPC Strategic Alliance Contracts. The three persons involved are Jide Omokore, Kola Aluko and the former Petroleum Resources Minister Diezani Alison- Maduekwe. The companies of both Jide Omokore and Kola Aluko lifted Nigerian crude oil and kept the proceeds. The total sums converted is in excess of three billion dollars including royalties, taxes and fees unpaid for the asset from which the crude was taken. The case is the subject of a trial in Nigeria, and criminal investigation in the US and UK, and the assets of all three individuals have been forfeited in Nigeria, the US and the UK.
The criminal diversion and theft of sums in excess of $2.5 billion meant for purchase of arms to prosecute the war against Boko Haram: The first phase of the investigations revealed several sordid details, many of the assets of culprits have been seized from them and they are facing trial.
The release of the sum of $289m in cash on February 25, 2015: Documents including cash vouchers indicate that the the sum of $289,202,382 was taken 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.
N70 billion was released in parts from the national treasury between January 8 and February 25, 2015.
In another illegal disbursement, 25th August 2014, N60B in cash in tranches of N40billion and N20billion: The sum was not tied to any project or procurement and was then shared between two security agencies under the supervision of the then NSA. Most of these sums ended up in the hands of senior PDP members some of whom have returned parts of the loot. Some are standing trial for these offenses. These facts are in the public domain.
There was yet another set of illegal fund withdrawals under one week between January 8and 16, 2015, where the sum of N1.5 billion was released in three tranches of N300m, N400m and N800m respectively. This money was released from the MEA Research Library Account
Another document showed that N10 billion was released to the Office of the National Security Adviser by the Central Bank of Nigeria (CBN) on September 15, 2014. The money was 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 as ‘funds for special services’. This particular release of N10B was sourced in November 2014 from a N40 Billion CBN released funds meant for Corporate Social Responsibility, CSR. Investigators showed that this money was released for the PDP Presidential Primaries.
Lamido Sanusi, then CBN Governor was sacked for speaking up about the over $20billion missing from oil proceeds.

These cases of grand corruption and open looting of public resources pauperized Nigeria and left us with little or no savings in the years when oil was selling at 100 to 114 dollars a barrel and we were producing 2.1 million barrels a day. When in 2015 oil prices went even as low as between 28 and 35 dollars a barrel and oil production fell to less than one million barrels a day we had no buffer, no savings, to tide us through.
The amount released from CBN in cash on a single day, ie the US$289M ( N88.1Bn) is enough to fund 244,000 N-Power graduates for a year, or pay for 1.2Billion school meals or complete half of Lagos -Ibadan or half of Abuja -Kaduna -Kano roads.
The Vice President also made the point that in 2014 with oil prices as high as 120 dollars per barrel, the total capital released for Power, Works, Housing, Defence, Transport, Agriculture and Defence were just N152Billion for the whole year.
By contrast, the Buhari administration committed N578Bn to the same Ministries in 2016 with oil prices as low as US$28 per barrel as part of the strategy to end the recession. The government was able to do more with less by stopping grand corruption and impunity.
Recently, the Minister Coordinating the economy in that administration has written a revealing book : Fighting Corruption is Dangerous: The Story Behind the Headlines. Who knows, perhaps her stories too are all lies!”


Posted: at 7-05-2018 02:45 PM (3 years ago) | Hero
- slimber at 7-05-2018 03:08 PM (3 years ago)
(f)
Hmmmm who is fooling who
Posted: at 7-05-2018 03:08 PM (3 years ago) | Hero
Reply
- chukkychukky at 7-05-2018 03:27 PM (3 years ago)
(m)
useless ppl shebi una don dey for blame blame first tenure don finish still yet una carry blame wan do campaign for 2nd term

Posted: at 7-05-2018 03:27 PM (3 years ago) | Gistmaniac
Reply
- WhaleDog at 7-05-2018 03:36 PM (3 years ago)
(m)
Quote from: slimber on  7-05-2018 03:08 PM
Hmmmm who is fooling who
no person is fooling you ,the truth is in the open for you to see ,infact it’s in black and white starring you in the face .Jonathan a d his PDP bandwagon heartlessly looted Nigeria dried . This numbers in print don’t lie my men !

Posted: at 7-05-2018 03:36 PM (3 years ago) | Gistmaniac
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- Gguard at 7-05-2018 04:08 PM (3 years ago)
(m)
 If this man is the assistant RCC G.O i wonder what born again in Rcc is all about and what kind of christians they are?....
Posted: at 7-05-2018 04:08 PM (3 years ago) | Upcoming
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- gogoman at 7-05-2018 04:11 PM (3 years ago)
(m)
GEJ na thief we know that..
Posted: at 7-05-2018 04:11 PM (3 years ago) | Addicted Hero
Reply
- WhaleDog at 7-05-2018 04:13 PM (3 years ago)
(m)
Quote from: Gguard on  7-05-2018 04:08 PM
If this man is the assistant RCC G.O i wonder what born again in Rcc is all about and what kind of christians they are?....
ahaah ! Dre! With all the evidence in black and white you still have doubt in your mind or you just outrightly condemned the facts written in bold letters ! Some of u guys Na wa o , even peter who was known as the unbeliever wouldn’t deny this evidence .May jesus deliver you from ungodliness

Posted: at 7-05-2018 04:13 PM (3 years ago) | Gistmaniac
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- nature7888 at 7-05-2018 04:16 PM (3 years ago)
(m)
These people no d tire for this blame game?
Posted: at 7-05-2018 04:16 PM (3 years ago) | Gistmaniac
Reply
- zumata at 7-05-2018 04:21 PM (3 years ago)
(f)
Mr.WhaleDog,VC may be saying the truth but he is the worst liar by defending his administration on corruption and his kind are giving the body of Christ bad names.
Posted: at 7-05-2018 04:21 PM (3 years ago) | Upcoming
Reply
- Sniper101 at 7-05-2018 04:59 PM (3 years ago)
(m)
every government of Nigeria...both past and present...from Abacha's regime down to Obasanjo's administration...politicians have since been looting Nigeria


I just wonder why the present federal government of Nigeria is making this issue seem like this looting-exercise began in Jonathan's regime Roll Eyes
Posted: at 7-05-2018 04:59 PM (3 years ago) | Gistmaniac
Reply
- ikenna520 at 7-05-2018 09:05 PM (3 years ago)
(m)
This morron look exactly like a he-goat. "NKPI"!. So call pastors n man of God.
Posted: at 7-05-2018 09:05 PM (3 years ago) | Upcoming
Reply
- willyking at 8-05-2018 12:00 AM (3 years ago)
(m)
When u decide to work for satan, then be ready to be like hm
Posted: at 8-05-2018 12:00 AM (3 years ago) | Gistmaniac
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- ruthie at 8-05-2018 10:47 AM (3 years ago)
(f)
THESE EVIL POLITICIANS HAVE WRECKED THIS COUNTRY ...INSTEAD OF US TO GET ANGRY AND DEMAND JUSTICE BE DONE. SOME FOOLS ARE SUPPORTING THEM, THIS IS THE REASON NIGERIA IS AND WILL BE UNDER THE CONTROL OF A SELECTED FEW...YOU ALL SHOULD BURY YOUR HEADS IN SHAME!
Posted: at 8-05-2018 10:47 AM (3 years ago) | Hero
Reply
- okihcolly at 8-05-2018 12:10 PM (3 years ago)
(m)
Quote from: ruthie on  8-05-2018 10:47 AM
THESE EVIL POLITICIANS HAVE WRECKED THIS COUNTRY ...INSTEAD OF US TO GET ANGRY AND DEMAND JUSTICE BE DONE. SOME FOOLS ARE SUPPORTING THEM, THIS IS THE REASON NIGERIA IS AND WILL BE UNDER THE CONTROL OF A SELECTED FEW...YOU ALL SHOULD BURY YOUR HEADS IN SHAME!
My bros, VP, Osinanjo, Pastor, Lawyer, Professor, quite unfortunate that you are being used by this corrupt APC govt to defend them and speak ill of the past govt all the time. You claim to be a pastor in RCCG, sits very close to Daddy Enoch Adeboye in every holyghost night but you cannot differentiate btwn truth and lie. All your comments is full of hypocrisy, double standard and lies. What about the massive corruption under this your govt, you kept mute and close your eyes towards massive looting in this govt. Osibanjo you are a beneficiary of corruption in this govt that is why you kept quite and cannot see anything wrong in APC`s govt. You were hand picked and became a VP you never dreamt of in your life. As the vice you are no. 2 citizen of the country but you have never for once demonstrated credibility, intergrity, honesty, uprightness, truth, professionalism even the spirituality which you claim cannot be found in your speeches and comments on national matters and interest. You are busy peddling lies and have become a serial spokesman-liar of this govt just to enjoy your own share of the national cake. Osinanjo so stop deceiving yourself by still casting stones on GEJ govt three years after taking over govt. Osinanjo should be ashamed of himself by still blaming past govt for their incompetence and failure and beta resign if actually he has intergrity cos he is a beneficiary of massive and secret looting/corruption in this govt.
Posted: at 8-05-2018 12:10 PM (3 years ago) | Newbie
Reply
- ruthie at 8-05-2018 12:20 PM (3 years ago)
(f)
THIS ARE THE COMMENTS FROM A STAUNCH PDP SUPPORTER....INSTEAD OF YOU TO GET WHAT HE IS SAYING WHICH IS THE MESSAGE, YOU ARE HERE CRITICIZING THE MESSENGER.
Quote from: okihcolly on  8-05-2018 12:10 PM
My bros, VP, Osinanjo, Pastor, Lawyer, Professor, quite unfortunate that you are being used by this corrupt APC govt to defend them and speak ill of the past govt all the time. You claim to be a pastor in RCCG, sits very close to Daddy Enoch Adeboye in every holyghost night but you cannot differentiate btwn truth and lie. All your comments is full of hypocrisy, double standard and lies. What about the massive corruption under this your govt, you kept mute and close your eyes towards massive looting in this govt. Osibanjo you are a beneficiary of corruption in this govt that is why you kept quite and cannot see anything wrong in APC`s govt. You were hand picked and became a VP you never dreamt of in your life. As the vice you are no. 2 citizen of the country but you have never for once demonstrated credibility, intergrity, honesty, uprightness, truth, professionalism even the spirituality which you claim cannot be found in your speeches and comments on national matters and interest. You are busy peddling lies and have become a serial spokesman-liar of this govt just to enjoy your own share of the national cake. Osinanjo so stop deceiving yourself by still casting stones on GEJ govt three years after taking over govt. Osinanjo should be ashamed of himself by still blaming past govt for their incompetence and failure and beta resign if actually he has intergrity cos he is a beneficiary of massive and secret looting/corruption in this govt.
Posted: at 8-05-2018 12:20 PM (3 years ago) | Hero
Reply
- okihcolly at 8-05-2018 02:19 PM (3 years ago)
(m)
Quote from: ruthie on  8-05-2018 12:20 PM
THIS ARE THE COMMENTS FROM A STAUNCH PDP SUPPORTER....INSTEAD OF YOU TO GET WHAT HE IS SAYING WHICH IS THE MESSAGE, YOU ARE HERE CRITICIZING THE MESSENGER.
A messenger giving a message that is full of selfishness and self interest should be condemned in-honeypot. A message that is partisan and politically motivated is condemnable and should be ignored. You cannot be talking of my own sins all the time when you are secretly committing the same sins worse than me. This is hypocrisy of the highest order and such a messenger should be condemned and brought to shame cos he has never practiced what he is preaching in his own govt. He that comes to equity must come with clean hands. You cannot be in a glass house and throw stones, virtually you must be injured cos some of the pebbles of the broken glass must come back to you. You must remove the log in your eyes first which is examplary before you can point the log in my own eye. Osibanjo your message is hypocritical and Nigerians do not need a hypocritical pastor like you who is busy scolding other peoples children but his own children are gangsters and criminals. Enough is enough of deceiving your self in the name of self exalted righteousness. Nigerians we all know who is who.
Posted: at 8-05-2018 02:19 PM (3 years ago) | Newbie
Reply
- ruthie at 8-05-2018 02:24 PM (3 years ago)
(f)
this is why our country can never move forward. you sit here typing and supporting these evil men who have made this country what it is...keep deceiving yourself... i pity you....low grade mind.
 
Quote from: okihcolly on  8-05-2018 02:19 PM
A messenger giving a message that is full of selfishness and self interest should be condemned in-honeypot. A message that is partisan and politically motivated is condemnable and should be ignored. You cannot be talking of my own sins all the time when you are secretly committing the same sins worse than me. This is hypocrisy of the highest order and such a messenger should be condemned and brought to shame cos he has never practiced what he is preaching in his own govt. He that comes to equity must come with clean hands. You cannot be in a glass house and throw stones, virtually you must be injured cos some of the pebbles of the broken glass must come back to you. You must remove the log in your eyes first which is examplary before you can point the log in my own eye. Osibanjo your message is hypocritical and Nigerians do not need a hypocritical pastor like you who is busy scolding other peoples children but his own children are gangsters and criminals. Enough is enough of deceiving your self in the name of self exalted righteousness. Nigerians we all know who is who.
Posted: at 8-05-2018 02:24 PM (3 years ago) | Hero
Reply
- EDDYPRINCE at 8-05-2018 10:15 PM (3 years ago)
(m)
hmmmmm VP
Posted: at 8-05-2018 10:15 PM (3 years ago) | Addicted Hero
Reply
- fineboy77 at 9-05-2018 06:51 AM (3 years ago)
(m)
This man na real OKORO,you can talk about the past regime,but you look another way on the present one,even the Islamization campaign going on right under that your big nose.

Posted: at 9-05-2018 06:51 AM (3 years ago) | Hero
Reply

fire TRENDING GISTS fire

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