Breaking : Obasanjo, Yar’Adua, Jonathan Govts Must Account For Recovered Loot – Court

The Federal High Court sitting in Lagos in a landmark judgment has held that successive governments since the return of democracy in 1999 “breached the fundamental principles of transparency and accountability for failing to disclose details about the spending of recovered stolen public funds, including on a dedicated website.”

 

The court then ordered the government of President Muhammadu Buhari to “ensure that his government, and the governments of former President Olusegun Obasanjo, former President Umaru Musa Yar’Adua, and former President Goodluck Jonathan account fully for all recovered loot.”

 

The judgment was delivered on Friday by Hon Justice M.B. Idris following a Freedom of Information suit no: FHC/IKJ/CS/248/2011 brought by Socio-Economic Rights and Accountability Project (SERAP).

 

The details ordered by the court to be disclosed include: information on the total amount of recovered stolen public assets by each government; the amount of recovered stolen public assets spent by each government as well as the objects of such spending and the projects on which such funds were spent. Justice Idris dismissed all the objections raised by the Federal Government and upheld SERAP’s arguments.

 

Details later.

 

Credit : Vanguard

Arms Scandal: EFCC Allegedly Set To Write Ex-President Jonathan

The Economic and Financial Crimes Commission may write former President Goodluck Jonathan in connection with its ongoing investigation into arms procurement scam.

 

It was gathered that the commission was planning to write the former President because his name had consistently featured in the interrogation of some suspects.

 

A former National Security Adviser, Col. Sambo Dasuki (retd.), was reported to have said he disbursed funds from his office based on the instruction of the former President. Also, a former Minister of Finance, Dr. Ngozi Okonjo-Iweala, had two weeks ago, said she transferred money to the former NSA as a result of a decision reached at a meeting presided over by Jonathan.

 

According to The PUNCH, an EFCC source said, “Although the commission will not invite the former President, we may write him to tell us his own side of the story because his name has been coming up in our investigations?”

 

The source, however, said the commission would need to seek “clearance” from President Muhammadu Buhari before such letter could be sent to Jonathan.

 

Meanwhile, the EFCC is also concluding arrangements to invite some chieftains of the Peoples Democratic Party.

 

It was gathered on Sunday that the planned invitation of the PDP stalwarts was part of the ongoing investigations into the arms procurement scam and the party’s 2015 presidential campaign fund.