Adeosun Helped Buhari Presidency ‘Loot N10trn,’ Claims PDP

The Peoples Democratic Party (PDP) has alleged that trillions of naira was siphoned from the national treasury by the cabal in the Muhammadu Buhari Presidency under former minister of finance, Kemi Adeosun.

The party, in a statement by its National Publicity Secretary, Kola Ologbondiyan, on Sunday, called on the National Assembly to immediately open an investigation into claim.

The PDP equally alleged that the $321 million repatriated by the Switzerland government to Nigeria has been re-looted by Presidency cabal and corrupt leaders in the All Progressives Congress.

The main opposition party explained that its position is predicated on allegations that the Buhari Presidency and the APC, being aware of the former minister’s NYSC Exemption certificate liability, used her to conduit the siphoning of said amount.

THE WHISTLER reports that following Adeosun’s resignation on Friday, President Buhari appointed the Minister of State for Budget and National Planning, Zainab Ahmed, as the new Minister of Finance.

“The party urges the parliament to probe the books of the finance ministry during Adeosun’s tenure as well as the ministry of petroleum resources, which is under President Buhari to expose those behind the N9 trillion fraudulent oil contracts detailed in the NNPC leaked memo, the N1.4 trillion fraudulent oil subsidy regime; the alleged diverted N1.1 trillion worth of crude oil through 18 illegal companies linked with APC interests, among others,” the statement reads.

“The PDP also insists that Mrs. Adeosun must be made to explain how the $321 million (N115 billion) repatriated by Switzerland was opened up for relooting by the Presidency cabal and corrupt APC leaders, at the same time she was in the media telling Nigerians that the funds was being transferred to the poor and vulnerable household under a discredited social safety nets system.

“Mrs. Adeosun must also be made to tell Nigerians how a cabinet minister close to President Buhari directly stole $16.9 million (about N7billion) from the returned $321million as non existent legal fees before the fund became an Automated Teller Machine (ATM) for members of the Presidency cabal and APC leaders.

“The former minister should also be made to expose where the pressure that compromised the system for the stealing of over N25 billion National Health Insurance Scheme fund (NHIS) from the Treasury Single Account (TSA) was initiated.

“The PDP invites Nigerians to note that President Buhari, as “Mr. Integrity” has refused to order any investigation into huge allegations of corruption and stealing under his watch, particularly those in the petroleum sector, where he directly presides as minister.

“In fact, the Presidency has suddenly gone dumb after the PDP challenged President Buhari to start his declaration to jail looters by allowing an open inquest into the Petroleum ministry, as well as allegations of corruption against his ministers, special advisers, and leaders of his party.

“Since it has become clear that Mr. President is providing official cover for corruption under his regime, the PDP urges the National Assembly to subject all officials of the Buhari administration to an integrity test, as Nigerians can no longer bear consequences of a pretentious administration run by very corrupt individuals and fraudulent characters.”