On the authority of Mr President, a 13 man committee was set up by the Office of the National Security Adviser to audit the procurement of arms and equipment in the Armed Forces and Defence sector from 2007 to date. While the committee which was inaugurated on 31 August 2015 is yet to complete its work, its interim report has unearthed several illicit and fraudulent financial transactions.
As
part of the findings, the committee has analyzed interventions from
some organizations that provided funds to the Office of the National
Security Adviser, Defence Headquarters, Army Headquarters Naval
Headquarters and Nigerian Air Force Headquarters, both in local and
foreign currencies.
So
far the total extra budgetary interventions articulated by the
committee is Six Hundred and Forty Three Billion, Eight Hundred and
Seventeen Million, Nine Hundred and Fifty Thousand, Eight Hundred and
Eighty Five Hundred Naira and Eighteen Kobo (N643,817,955,885.18).
The
foreign currency component is to the tune of Two Billion, One Hundred
and Ninety Three Million, Eight Hundred and Fifteen Thousand US Dollars
and Eighty Three Cents ($2,193,815,000.83).
These
amounts exclude grants from the State Governments and funds collected
by the DSS and Police. It was observed that in spite of this huge
financial intervention, very little was expended to support defense
procurement.
The
committee also observed that of 513 contracts awarded at
$8,356,525,184.32; N2,189,265,724,404.55 and €54,000.00; Fifty Three
(53) were failed contracts amounting to $2,378,939,066.27 and
N13,729,342,329.87 respectively.
Interestingly,
it was noted that the amount of foreign currency spent on failed
contracts was more than double the $1bn loan that the National Assembly
approved for borrowing to fight the insurgency in the North East.
The
committee also discovered that payments to the tune of Three Billion,
Eight Hundred and Fifty Million Naira (N3,850,000,000.00) were made to a
single company by the former NSA without documented evidence of
contractual agreements or fulfillment of tax obligations to the FGN.
Further
findings revealed that between March 2012 and March 2015, the erstwhile
NSA, Lt Col MS Dasuki (rtd) awarded fictitious and phantom contracts to
the tune of N2,219,188,609.50, $1,671,742,613.58 and €9,905,477.00. The
contracts which were said to be for the purchase of 4 Alpha Jets, 12
helicopters, bombs and ammunition were not executed and the equipment
were never supplied to the Nigerian Air Force, neither are they in its
inventory.
Even
more disturbing was the discovery that out of these figures, 2
companies, were awarded contracts to the tune of N350,000,000.00,
$1,661,670,469.71 and €9,905,477.00 alone. This was without prejudice to
the consistent non-performance of the companies in the previous
contracts awarded.
Additionally,
it was discovered that the former NSA directed the Central Bank of
Nigeria to transfer the sum of $132,050,486.97 and €9,905,473.55 to the
accounts of Societe D’equipmente Internationaux in West Africa, United
Kingdom and United States of America for un-ascertained purposes,
without any contract documents to explain the transactions.
The
findings made so far are extremely worrying considering that the
interventions were granted within the same period that our troops
fighting the insurgency in the North East were in desperate need of
platforms, military equipment and ammunition. Had the funds siphoned to
these non performing companies been properly used for the purpose they
were meant for, thousands of needless Nigerian deaths would have been
avoided.
Furthermore,
the ridicule Nigeria has faced in the international community would
have been avoided. It is worrisome and disappointing that those
entrusted with the security of this great nation were busy using proxies
to siphon the national treasury, while innocent lives were wasted
daily.
In
light of these findings, President Muhammadu Buhari has directed that
the relevant organizations arrest and bring to book, all individuals who
have been found complicit in these illegal and fraudulent acts.
Action presido
ReplyDeleteSeee moneyyyyy
DeleteLiar....let's wait for the other party to respond...don't jump to create future problems for the country ..trying to get back at each other has been the reason for our slow advancements
DeleteSay no more! With all these, he should be locked up for life. Linda take note!
DeleteSay no more! With all these, he should be locked up for life. Linda take note
DeleteSay no more! With all these, he should be locked up for life. Linda take note
DeleteNow this is what I want to hear. Not "we will" every time.
Delete#GoodStuff
Julie,
DeleteI wouldn't like to sit in a court where you are a jury let alone a judge, you have adjourned him guilty and already sentenced him.
I'm not in support of him either.
I thought we were told that corruption in Nigerian has a southern face
Yet those soldiers who ran away from their duty posts over insufficient weapons were court marshalled... while those who were supposed to provide weapons to aid these field officers in the fight against terrorism were under air conditioned houses and officers, pumping monies meant to fight terrorism into their personal accounts. Its a pity...
DeleteHmmmmmm...
DeleteLet me b watching and see how tins turn up for I can't wait to see d end of dis their drama.
Comment frm ROYAL PRIESTHOOD (royalpriesthood007@gmail.com)
See money !, y 9ja no go broke and be in depth
ReplyDeleteSome people will still say it is witch haunt....choir
ReplyDeleteSome people will still say it is witch hunt....choir
ReplyDeleteWow, major general in stealing
ReplyDeleteMind boggling amounts. I'm sure there were several top people involved. Dasuki will sing and heads will roll.
ReplyDeleteI saw it coming..the siege they Laid at his house was to buy time for proper investigation and fact finding.God go dey catch all of una one by one.no wonder the thief wanted to run away.
ReplyDeleteNow I see why Dasuki has been fighting to travel abroad on the claim of medical checkup.
ReplyDeleteHe must account for the money meant for our soldiers which they embezzled, Nigerian soldiers put their lives at risk, while these criminals steal what was meant for equipping them.
~BONARIO~says so via NOKIA LUMIA
My God, I can't bliv what I have just read. I think Nigerian are the real devils. Thousands of lost life on his head and his whole generation. The blood of innocent Nigerians that died in this insurgency will follow him and his seeds where ever they go. I just think Nigerian leaders are the greediest in the whole world.
ReplyDeleteAmen. I totally agree with you. Evil man. Stealing so much money meant for the army to help fight against Boko haram
DeleteEbelebe!!!! Buhari is still slow abi? Ok o!!!
ReplyDeleteThe senate should please study & approve the subsidy money for d marketers,asap ...afterall,during gej's time they never needed their approval befr paying!
Now dat buhari wants due process, marketers wanna deal with us! What a nation! Cos they know that soon,refineries will start to work & they will be severely affected.
Why is Buhari after this man?!🤔🤔🤔
ReplyDeleteU ar mentally retarded, u need serious help, ur case is getting out of hand stupid imbecilc nonentity, u need to b taken to mental asylum for check up ASAP
DeleteVery big idiot for such a comment. Indomie brains! GOD KNOWS D STUPID SCHOOL U GRADUATED from,, thats if u even attended one
DeleteThis Nene George is a nincompoop.
DeleteI'm sorry for the man dating or marrying you.
Your sense of reasoning baffles even the stupid.
Why is Buhari after this man?!🤔🤔🤔
ReplyDeleteIs he ur relative? This man shub be charge for war crimes
Deletehttps://mobile.facebook.com/helpinghandsinternationalmovement/
ReplyDeleteLearn earn when you help
Jesus!!! Imagine the huge amounts of money these old men have carted away while our dear country and countrymen continue to hit the rock of financial crisis and untimely death. God help us in this country
ReplyDeleteOlorun ti mu baba..ehehe ounpe............http://kollymoore.blogspot.com
ReplyDeleteSelected justice. If Dasuki was in Buhari's camp, all these findings would have been made known to the public. These findings are just a means to settle the personal vendetta he has against Dasuki. This is why people like obj visits Aso rock to remind Buhari that he is in his camp; so the so called fight against corruption is just for Buhari's adversaries.
ReplyDelete@anon 12:42 plz don't be unfortunate here biko. How does ur statement even sound to u. Did u even try to convert dis figures? Do u know how many innocent lives would have been saved if dey did d right things n provided our military wt d needed equipment? Instead of buying chinko drones n choppers dat kept crashing for no reasons. Abeg let's be sensible now. Vendetta or not . If u didn't put urself in a position dat compromises u, der ain't nothing PMB would have been able to do.
DeleteI am by no means justifying Dasuki or whatever he did. All I am saying is that, if he was Buhari's friend, whatever he did wrong would have been irrelevant to him ( Buhari). The published figures are just meant to win public support of why it was justified to arrest him. Besides, Buhari has no executive right to override the decisions of the court - that is if we are practising true democracy. Also, why is it that he has not gone after people like Atiku who emptied the treasure of Nigeria? Is it that with time, looted funds become personal entitlements?
DeleteAnon 2.07am, so he should have left him alone or what? Since he hasn't gone after Atiku or whoever u want, he should let this obvious criminal run free? See why Nigeria has difficulty progressing? U r a disgrace to the people that sent u to school.
DeleteYou failed to grasp the import of what I wrote, this is why you sound so uncivil in your response. At least I know that by virtue of my achievements in life, I should be in the position to feed you and your household. Perhaps, I lectured your senior brother in the university. Anyway I am going to sleep, it is 10:12pm
DeleteHellooo Mr Lecturer! I'm sure u are awake now. Ur comment(both) is unbelievable. If u can feed the whole world I'm sure u cannot resurrect murdered soldiers that fought without sight that helicopters and other materials the money siphoned would have purchased. Pls, let's not dine with SENTIMENT. Simply say, Dasuki will defend himself in court. If u have evidence against Atiku, pls do ur proud and reveal, we will criticize him as well.
DeleteAnon 4.12am, we r not even in the same time zone. Lectured my senior brother? Feed me? Lol! U know what they say about ASSumptions?
DeleteIt's freaking high time! Imbeciles the whole lot. All the deaths are on ur heads
ReplyDeleteKai ds pple dont steal wt pity. C figures. God abeg o
ReplyDeleteGhen ghen
ReplyDeleteNice one Mr President, heartless set of people u Na go hear am this time
ReplyDeleteI suspect these were the people that deceived GEJ. Some of them deceived the good man. When he announced that the elections should be extended for six weeks, all of a sudden the troops went into sambisa forest, which I strongly believe someone asked the bokoharam to stand down. I always said if GEJ wanted to find out the real sponsors of bokoharam, he should investigate those in charge of buying arms for the troops.
ReplyDeleteToday they ordered for his arrest and coincidentally bokoharam has struck again and they almost assassinated the deputy senate president, just to cause chaos.
The amount of money(s) these Politicians steal is just unbelievable and disheartening. Meanwhile there is no form of working infrastructure(Education, Healthcare,transport,Power or security) in Nigeria. They only keep making preposterous promises they never fulfill. What miracle do you think the new ministers will perform. Our economy runs on Proceeds from the Oil to which prices have crashed and we obviously are not in control of these prices. Yes, corruption is everywhere, both in the so called developed countries, but my beloved Nigerians or Politician's corruption is garnished with an unprecedented level of GREED. it marvels me.One person go loot $20billion abi na $650 billion. Na wah o! Lets keep praying for manner to fall from Heaven. #GODBLESSNIGERIA
ReplyDeleteBuhari is out for his enemies, 1985 he was part of the Majors in the IBB government squad that arrested Buhari, so he didn't attain the position of a General before he left the Army that's why Buhari is making a fool of him, na only am thief, Abeg face your job this man, let people drink water drop cup...
ReplyDelete@Anon1:26 listen to urself "na only am thief". Atleast U ackonwledged he stole and now ur problem is that he shouldn't be prosecuted because he's not the only one. Any nation filled with ur type of person is doomed.
DeleteSo that was the reasons they wanted to imprison and kill those able soldiers that speak up and refused to fight boko haram,about there evils act in military camp
ReplyDeleteimagin
They make up good stories just to get this man out their way. Buhari why? Let this man expose the tape he has for public to see ooooo
ReplyDelete@Chukwueze What tape? Don't come here bringing fake and false concoctions to distract us. Perhaps U were one of the dubious contractors. All of U will be fished out and punished.
DeleteScary the brazen guts to be this greedy. This just proves how desperately wicked the hearts of these men are. Soldiers and civilians died in their thousands because a few who were in charge just didn't give a .... Calous Dasuki and his co conspirators need to pay back. Indicting and imprisoning them isn't going to cut it. I see why China opts for the death penalty.
ReplyDeleteThey make up good stories just to get this man out their way. Buhari why? Let this man expose the tape he has for public to see ooooo
ReplyDeleteThey make up good stories just to get this man out their way. Buhari why? Let this man expose the tape he has for public to see ooooo
ReplyDeleteThey make up good stories just to get this man out their way. Buhari why? Let this man expose the tape he has for public to see ooooo
ReplyDeleteAll dis will get to GEJ in time
ReplyDeleteWatch sextape of busty Nassarawa Poly student that's gone viral
Whatever you do,don't touch my Ihejirika. OK bye...
ReplyDeleteIf your Ihejirika hasn't taken meat from the cooking pot then he has nothing to fear.
DeleteHowever gist I am getting from Abuja is that he has a multi million naira there which we all know he couldn't afford from his General salary.
Charge him to court if you think the evidence provided are tenable. This is not a military Era.
ReplyDeleteDid u read the story?
DeleteHe should b arrested ASAP, he must giv accurate account gone ar those dayz
ReplyDeletegood story just hope it will have an ending as others never do
ReplyDelete
ReplyDeletenawa ooo
check out AfricaNg.com for latest news and gists updates.
Linda Nigerians are so impossible. If dasuki was from the south south, they will say because he is from there. If saraki was in PDP they will say because he not APC, instead of asking whether or not the person committed the offence, we are busy saying it should have been this person or not that person. Na wa ohhhh. why are we like this?
ReplyDelete@anony did Amaechi committed any crime or not? Sometimes u guys should always think before u talk. First, Dasuki should be change to court and if he's find he should be head responsible. The same way we want Mr. President to investigate formal Gov Amaechi to go in for all he did why in office. What the world is after is a clear justice and not witch hurt.
DeleteLinda Nigerians are so impossible. If dasuki was from the south south, they will say because he is from there. If saraki was in PDP they will say because he not APC, instead of asking whether or not the person committed the offence, we are busy saying it should have been this person or not that person. Na wa ohhhh. why are we like this? This fight against corruption must start from somewhere with someone. It cannot start with everyone at the same time. No matter how much of an enemy you maybe to Buhari, he can never come after you if you have not done anything wrong. He has changed so many perm Secs and some of them are to charged to court for corrupt practices, removed the Chairman of EFCC, yet you still hear people say he is not doing anything or that he is selective. No matter who he starts with, someone will still say its selection. Abegggiiiiii.
ReplyDeleteOnly in Africa president order arrest especially Nigeria where executive pocket all other arms of Government. I think Nigerian should started asking PMB to deliver not pulling them back to the past
ReplyDeleteYou are a faggot!!!
DeleteOnly in Nigeria the president order arrest
ReplyDelete"Breathes, there the man with soul so dead,
ReplyDeleteWho never to himself had said.
This is home, my native land......." Adapted.
PATRIOTISM INDEED!!!
Story
ReplyDeleteSo if they had executed those soldiers for mutiny this man's conscience wouldn't have pricked him..all those life's . I fear human beings
ReplyDeleteNa lie!
ReplyDeleteI watch '24'...president dey order arrest!
Pple wt chicken brains, if u like kal it wizard hunt, na una sabi. Had it been Dansuki is 4rm south anoda region, sum idiots wil say it's bcos he is not a notherner. U can imagine sum1 toying wt pple's life nd looting large funds meant for tackling insurgency nd u still want him 2go scot free. Am very sure pple supporting dansuki wt dere comment wil do more if dey hv a opportunity. I don't even knw why pple don't tink b4 dey type nd post dere comments. I don't really blame u tho, sum don't even understand wat dey read, dey just want to 2b an opposition nd enemy of progress.
ReplyDeleteWhich way Nigeria???
ReplyDeleteMay God help us.
Hang Him.
ReplyDeleteI ve always told ya'all that Dasuki is pure Evil.
There is a court order on Dansuki but I strongly advice he should be taken to hospital first to ascertain what his ailment is before they begin another legal actions
ReplyDeleteNobody is guilty until a competent court of jurisdiction pronounce such person as one. PMB,be very very careful with the very dangerous precedence you are setting. It might be used against YOU and your men in future. Be patient with democracy and her ethics. As much as you are determined to fight corruption, pls apply the right strategies in the eyes of the law. A Member of your cabinet(Transport Minister) was indicted by a panel and you vindicated him in your recent statement that a man is innocent until found guilty by a court of law. It is a wrong thing for anybody to appropriate public funds for his personal use and it is good for the state authorities to recover it. Howfar in doing so pls do it according to what the law prescribe.If you are sincerely fighting corruption remember that Nigeria has laws and the laws have to be obeyed. There is a subsisting court order on Dasuki going for treatment that you are disobeying. If your fear is that he will jump justice,the same court has the power to order his arrest through the interpol.We are in the 21st century sir. Arrest and extradition can be effected anywhere in the world,provided the orders are right. Your action looks dictatorial. Power is transient remember.
ReplyDeletesome nigerians bhav lyk dey hav fish brain .u re talkin f past leaders buh d huge damage in dis country nw was done by jonathan ad his cohorts.a lot f u pple re nt enlightened dat y u talk lyk dis.we all knew back den dat sm pple were makin a very huge amt f moni dats y dey were nt bothered abt equipin d military or carin abt d pple dat hav lost dier lives.we in abj no wat is happenin.if dasuki was 4rm d south u pple wil say buhari is bn partial nw he is fightin his own broda u re still talkin dust.go ad research well buhari is goin after pple who did real damage ad stole unimaginable sm f cash.so pls if u re reasonin wit ur yansh i beg dnt comment on dis blog.tks
ReplyDeleteThis is a very annoying statement by the presidency. Dasuki travelling abroad is not a guarantee that he will not be prosecuted and jailed. Ask Ibori or Deiziani. All the accusations are sensational and designed to whip up sentiments. Haba! if he is being held for failed contracts then every governor,minister and local government chairman will be in jail too.Citizens are deemed innocent until PROVEN guilty. Today it is Dasuki..tomorrow it shall be you.
ReplyDeleteBut we knew there were so many shady deals under dasuki in regards to arms procurement truth b told jona granted every wish of dasuki cos jona was desperate to end boko.
ReplyDeleteOur politicians can be so cruel. I don't wanna believe this yet.. worrisome
ReplyDeleteStupid and clueless president.
ReplyDeleteWhy is he conducting this whole witchhunt, because Dasuki arrested him in the 80's, na wa o.
the Presiednt does not even have the power to order his arrest.
What happens to Innocent until proven guilty???
ReplyDelete