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PDP to Buhari: Order Investigation into N14 Trillion Corruption before May 29, Challenges Sagay to Compile List

Dooshima Hir by Dooshima Hir
May 16, 2019
in Headline News
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PDP to Buhari: Order Investigation into N14 Trillion Corruption before May 29, Challenges Sagay to Compile List
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The Peoples Democratic Party, PDP, has given President Muhammadu Buhari 14 days to account for the humongous corruption and treasury looting under his watch, amounting to over N14 trillion.

The Party, in a press statement signed by its National Publicity Secretary, Kola Ologbondiyan, said he must do this before the May 29 expiration date of the “disastrous All Progressives Congress (APC)-led administration.”

The PDP challenged the President to show his integrity by opening up his tenure for investigation, the same way his Presidency was demanding of other elected officials in the legislature and state governments across the country.

The party also 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 (Sagay) unnecessary fixation on court rulings on Rivers State.

The PDP noted 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 therefore demands 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.

READ ALSO: Reverse Emefiele’s Reappointment, Lawmaker Urges Buhari

“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 litre which Nigerians have continued to bear since the fuel price increased from PDP subsidized cost of N87 to presumably unsubsidized cost of N145.

“They should also explain 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 further challenged 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.

“Unless Mr. President has something to hide, he should within the next 14 days, allow for an independent inquest into these allegations of corruption,” the party added.

Tags: BuhariCorruptionInvestigationMay 29:N14 TrillionPDPSagay
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