Arms Deal Scandal: Jonathan Approved Transfer of $322m to Dasuki – Okonjo Iweala

By admin on

Share on facebook Yahoo mail icon Gmail icon

Views: 3,198


Nigeria’s former finance minister, Ngozi Okonjo-Iweala, has stated that a committee set up by former president Goodluck Jonathan, approved transfer of $322m to ex NSA Sambo Dasuki for use.

The ex-minister, in a statement by her Media Adviser, Mr. Paul Nwabuikwu, said the transfer of the fund was approved after a committee, set up by former President Goodluck Jonathan, gave approval for the use of the fund.

“It will be recalled that throughout 2014, there were public complaints by the military hierarchy to President Goodluck Jonathan about the inadequacy of funds to fight the anti-terror war in the North-East, resulting in Boko Haram making gains and even taking territories.

“A lot of the criticism was directed at the Federal Ministry of Finance under Dr Okonjo-Iweala, which was accused of not doing enough to find funds for the operations.”

She added, “It was about this time that some new Abacha funds of about $322m were returned with another $700m still expected to be returned.

“Former President Jonathan set up a committee, comprising the former Minister of Justice, former NSA and the former Minister of Finance to determine how best to use both the returned and expected funds for development.

“The NSA made a case for using the returned funds for urgent security operations, since, she noted, there could not be any development without peace and security.

“Based on this, a decision was taken to deploy about $322m for the military operations, while the expected $700m would be applied to development programmes as originally conceived.

“Following the discussions and based on the urgency of the NSA’s memo, Dr Okonjo-Iweala requested the President to approve the transfer of the requested amount to the NSA’s Office for the specified purposes.”

 

Posted on December, 10 2015

Share on facebook Yahoo mail icon Gmail icon


You may also like...
Abia: Ex-finance Commissioner, Obinna Oriaku, accused of financial...

Naira Continues Free Fall Against Dollar

Nigeria Police to Use Stun Guns in Place...

Abia YPP guber candidate congratulates Ikpeazu on his...

Tuface donates relief materials to Benue IDP

Senate Confirms Chidoka, Suleiman As Ministers

PHOTOS: Youths protest EFCC’s ‘raid’ on Ambode’s residence...

Lagos state govt to begin sale of “Lake...

Biafra: APGA’s statement smacks more of envy borne...

Ikpeazu swears in Teenage Governor in Abia

NUJ NEC MEETING: Abia Govt vows to complete...

Explosion rocks Maiduguri, many feared killed
News Abia Election Special (5) Abia Supplementary Polls Update (18) Abia Supplementary Result update (22) Appointments (13) Breaking News (208) Business (53) Campus News (6) Crime (199) Economy (135) Education (175) Entertainment (180) Fashion and Style (4) General (1255) Health (122) Inside Africa (56) International News (311) Interviews (39) National (2069) Politics (1229) Press Releases (152) Religion (13) Security (164) Sports (462) Technology (29) World News (87)

 

 

Advertisement

 

Latest News The Legislative Blueprint of the 7th Abia state house of Assembly [PHOTOS] Suspected Port Harcourt hotel serial killer arraigned in court #RevolutionNow: Court Maintains Bail For Sowore At N100m Abducted ACP Rescued Unhurt, Two Male Suspects Arrested FG Secures $3bn World Bank Loan for Power sector I was treated like a common criminal,Impeached Kogi Deputy Governor laments Nnamdi Kanu blames FG for the death of his mother 527,815 admission spaces not filled – JAMB Ikpeazu appoints Engr Uzo as SA Project monitoring and Implementation Onyendilefu sympathizes with accident victims, thanks Gov. Ikpeazu for swift intervention

 

Most Read Islamic agenda for Nigeria – Pastor Bosun (25,788 views) 47 YEARS AFTER, HIS EXCELLENCY, COMMODORE EBITU UKIWE (Rtd) MAKES THE “OFO NDI IGBO” RECIPIENTS LIST (22,134 views) The show of shame that sealed Justice Uzokwe’s fate (18,180 views) Breaking News : Dr Okezie Ikpeazu resigns from Abia State Environmental Sanitation Agency (ASEPA). (9,223 views) Abiriba Kingdom Celebrates as Eze Kalu Kalu Ogbu (IV) marks 14th year on the throne (8,496 views) Cojoined Twins Abby And Brittany Hensel Pose in Bikini (8,091 views) Lawyers accuse Lagos Police of working for PDP (8,087 views) Ebola virus in Syria – Infecting ISIS members (7,972 views) Radio Biafra delivers AM Transmitter (7,815 views) ‘Why fuel scarcity persists’ (7,251 views)