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Bagudu: Probe Presidency Over Diversion Of Recovered Loot, PDP Tells NASS

The Peoples Democratic Party (PDP) has called on the National Assembly to probe the Muhammadu Buhari-led Presidency over allegations on plans to divert the loot recovered from the late General Sani Abacha, a former head of state.

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The major opposition party said its call is predicated upon a report by Bloomberg, a US financial publication, that the Federal Government allegedly plans to hand over $100 million of the recovered funds to Atiku Bagudu, Governor of Kebbi State.

The PDP made its call in a statement issued by Kola Ologbondiyan, its National Publicity Secretary, on Saturday.

According to the report, Governor Bagudu, a member of the All Progressives Congress (APC) and the Chairman of the Progressives Governors Forum, was indicted by the US Government for helping the late Abacha to transfer billions of dollars.

The supposed payment is part of an agreement signed 17 years ago during the administration of former president Olusegun Obasanjo that allows Bagudu ownership of some of the funds recovered from Abacha.

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But the PDP said the report further reveals the scale of corruption under the current administration, describing the Buhari Presidency’s anti-corruption fight as a lie and false.

The statement read: “PDP’s call is predicated on the stinking reports by the US Department of State that the President Buhari-led Government plots to funnel the repatriated money to certain individuals connected to the Presidency, including a particular state governor allegedly involved in the initial looting of the money.

“The PDP says the report that the Buhari-led government has been blocking attempts to recover part of the looted funds traced to Kebbi State Governor, Atiku Bagudu, the Chairman of the All Progressives Congress (APC) Governors Forum, who was reportedly indicted by the US for allegedly helping in transferring billions of dollar out of the country during the military era, speaks volumes of the corruption and concealments going on in the Buhari Presidency.

“Moreover, further revelations in the report that instead of recovering the stolen money, the Federal Government is even in the process of funneling $100 million (N36.3 billion) out of the looted funds to Governor Bagudu, highlights the humongous sleaze, duplicity and treachery that pervade the Buhari administration.”

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The opposition party said the report is a clear indication that the Federal Government under President Buhari no longer commands the trust and confidence of stakeholders but in and outside the country in its anti-corruption war.

The PDP added that following the negative perception of corruption Nigerians allegedly have against the current administration, the Federal Government should provide a direct response to the issues raised in the report.

According to the party, the failure to provide such response “only validates the widely held position within and outside our country that the administration is not only irredeemably corrupt but also serves as a haven for corrupt individuals”.

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It, therefore, called on the National Assembly to “redeem the image of our nation by invoking its statutory instruments to order a forensic investigation into the handling of repatriated funds” received by the government.




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