PDP blasts APC over the recovered $311 million Abacha loot
Abacha loot has stirred controversy between two major Nigerian Parties, PDP and APC. Just like clash of the titans. The Peoples Democratic Party, PDP, has claimed that the APC are plotting to reloot the Abacha’s loot. According to Vanguard News, the acclaimed Party said APC allegedly use fake subheads and duplicated projects as ploy to re-loot the recently repatriated $311 million traced to late former military dictator, General Sani Abacha, retd.
But APC retaliated in no time, said the PDP was pained by lack of access to Abacha loot, so they could mismanage it.
This is even as the Attorney General of the Federation and Justice Minister, Abubakar Malami, asked Nigerians to focus on what the funds would be used for and desist from throwing undue tantrums on his office and the Federal Government.
Nevertheless, PDP claimed that the cabal had perfected the use of fake subheads as nomenclatures to “mislead those who repatriated the fund and pave way for the frittering of the money to their private pockets as they had done with earlier repatriated funds.”
It demanded that the fund be surrendered to the National Assembly for proper statutory appropriation and urged Nigerians to resist schemes by the cabal to prevent them from demanding explanations on the looting of repatriated funds,” it added.
The party revealed this yesterday in a statement by its spokesman, identified as Ologbondiyan Kolawole.
The statement further read: “The fraudulent dissipation of the funds will then be followed with false perfor0mance claims as well as blackmailing and intimidation of Nigerians demanding for both transparency and accountability in the handling of the money.
“The party noted that such had become the standard ruse for the cabal and APC leaders, who also looted the earlier repatriated $322 million under the guise of sharing money to the poor in 19 states and had no answers to allegations that more than 90 percent of the 300,000 households listed as beneficiaries were phony family names.
“Nigerians would recall how the claims of the APC government were rubbished by the First Lady, Aisha Buhari, who had alerted the nation that the N500 billion Social Investment Programme of the Buhari administration was hugely shrouded in corruption and that bulk of the money did not get to the poor and vulnerable.
“Furthermore, the Federal Government had failed to publish the details of the alleged APC leaders who own the consulting firms that was allegedly paid billions of naira up front as consultancy fee for the ‘sharing’ of the money, which was not also passed through the constitutionally required approval of the National Assembly.
“The APC-led Federal Government had also failed to account for the $308 million repatriated in February, for which it cannot point to any project, but rather faced with allegations of unbridled looting by the cabal and certain APC leaders, including those exposed to be receiving huge percentages from repatriated funds.
“The PDP invites Nigerians to note that the APC government had remained silent on the report by the US Department of State that the Federal Government plots to funnel this repatriated money to certain individuals connected to the APC.’’
APC’s National Publicity Secretary, Mallam Lanre Isa-Onilu, said: “Going by the PDP’s, statement on the recovered $311 million repatriated funds, it is clear that the opposition party is salivating over Abacha loot, saddened by a missed opportunity to share the money as they used to.
‘’Unfortunately, PDP is unable to rid corruption from its DNA and until the party has the courage to burn its corruption handbook to ashes, it would be difficult for it not to hallucinate over public funds.
”Of course, we understand PDP’s frustrations. Its unsuccessful and serial attempts to tar the APC government with the corruption toga in order to blur its own image as a party that personifies corruption in words and deeds has turned the party into a laughing stock.
“For the umpteenth time, we remind the PDP that the government that the APC runs is not about sharing public funds amongst the ruling class, but about using taxpayers’ money to impact positively on the lives of the people.
“On the recovery of $311 million, we refer the PDP to the 2020 Asset Return Agreement which requires the fund to be transferred to a Central Bank of Nigeria, CBN, Asset Recovery designated account and which would then be paid to the National Sovereign Investment Authority, NSIA, designated as the project management and execution authority within the next 14 days.
“The PDP should understand that the funds being repatriated under the President Buhari government is an indictment on successive PDP administrations which many countries found too corrupt and with a renowned propensity to re-loot the stolen monies, hence they held on to much of the funds.
“When the PDP administration under President Olusegun Obasanjo left office on 29 May 2007, the government had recouped $2 billion, including the $825million previously retrieved by General Abdulsalami Abubakar.
‘’Switzerland and Bailiwick of Jersey also repatriated $149 million in November 2003 and £22.5 million in June 2011, among other international and local recoveries by successive PDP governments which were shrouded in secrecy.
“Successive PDP governments strangely resisted widespread calls to periodically publish detailed information on the loot recovery exercise – the amounts recovered, those from whom they were recovered, sources or countries from where they were recovered.