May 25, 2018

How billions were moved to Jonathan’s residence from CBN ahead of 2015 elections (Nation)

How billions were moved to Jonathan’s residence from CBN ahead of 2015 elections (Nation)

More details have now emerged showing how billions of naira and hundred millions of dollars were illegally removed from the public till by the Jonathan administration specifically ahead of the 2015 presidential elections.

The information came on the tail of the denial by Jonathan’s spokesmen that any money was taken illegally out of the Nigerian treasury and shared by Jonathan and his aides.

The information was given by Vice President Yemi Osinbajo to illustrate how grand corruption has been doing great havoc to the Nigerian economy. He said weeks to the 2015 election under the administration of former president Goodluck Jonathan about N100B was released and embezzled. He also disclosed that about $289m was disbursed illegally about the same time.

Now, there are some new details of how some of the funds were illegally transported from the Central Bank to the private residence of the former President Goodluck Jonathan. Read more

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