Former President Goodluck Jonathan officially approved for withdrawal the amount of N76 billion barely seven weeks to the inauguration of President Muhammadu Buhari
The Economic and Financial Crimes Commission (EFCC) is currently looking into how N10 billion of that amount was withdrawn from Signature Bonus Account (oil block account) before the handover date to the new government.
Elombah.com had reported that the Presidency has said the Economic and Financial Crimes Commission is free to investigate former President Goodluck Jonathan, just as President Buhari on Friday, also explained that there was no secret pact between him and Jonathan to exclude the ex-President from the list of corrupt people to be probed by this administration.
As at March 31, 2015, there was about $726, 909, 118, 26 left in the account. But a withdrawal mandate was issued on April 9, 2015 for either special services or use by the Petroleum Technology Development Fund(PTDF).
A memo by the Director of Funds (FD/LP2015/8/127/DF) said: “The AGF has directed that the following disbursements be effected from the balance of $726, 909, 118, 26 as at 31st March in the Signature Bonus Account: (i) ONSA (N10billion); (ii) DBN (N20billion) and (iii) PTDF ($150million).
“In view of the above, mandate for the payment of N10 billion in favour of ONSA, based on the bank details, is enclosed abc for the AGF’s consideration and approval.
“The USD equivalent of the amount in Naira is to be debited to the Signature Bonus Account with JP Morgan Chase, please.
“Kindly note that the other two expenditure items will be processed in the relevant files in due course.
“The above is submitted for the AGF’s consideration and approval and countersigning of the mandate for N10 billion abc.”
A reliable source in EFCC said: “We have been investigating massive withdrawal of funds for either special services or extraneous items in the last few weeks to the inauguration of this new administration.
“The total requests sent to the Accountant-General of the Federation amounted to N76 billion but we have been trying to establish whether or not the three tranches were withdrawn before May 29, 2015 when the handover was effected.
“This latest N10 billion appears different from a similar amount deducted from CBN account for PDP Nomination Convention. The Mandate date was April 9, 2015and the nomination convention was in 2014.”
Meanwhile, ongoing investigation of the activities of the Office of the National Security Adviser (ONSA) has also revealed that about N16.5 billion was released to the Nigeria Police, Nigerian Air Force, Nigerian Army and ONSA for “logistic requirement for 2015 elections.”
The breakdown is as follows: IGP General Election OPS Fund Account (N10billion); Nigerian Air Force OPS Account (N1billion); Nigerian Army Operations Account (N5billion) and ONSA (N500million).
“All the payment details have been received from the Central Bank of Nigeria for scrutiny.
“This explains why some of the accused persons on trial were rearrested for questioning. We have been uncovering many transactions which require more explanation.”
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