Home Latest News If Buhari Fails to Probe the Missing $20bn

If Buhari Fails to Probe the Missing $20bn


The Coalition for Good Governance and Economic Justice in Africa has warned of its planned court action, if the incoming President-Elect in Nigeria, General Muhammadu Buhari fails to probe an alleged unremitted $20 billion by the Minister of Petroleum, Mrs. Diezani Madueke to government coffers.

The group in a statement co-signed in London by its Executive Director, Media, Mr. John Mayaki and Director of Strategy, Mr. Osaro Gentle Aivihenyor, accused the Goodluck Jonathan led administration of shielding the minister and Nigerian National Petroleum Corporation (NNPC) from probe and investigation and therefore urged the incoming government to develop a thick skin against blackmail in the probe, unbundling and repositioning of the oil sector.

Besides, the Coalition said the tenure of former Minister of Aviation, Mrs. Stella Oduah should also be put under searchlights by a high-powered incorruptible panel. These are two issues the Coalition is prepared to engage the Buhari administration and possibly seek an order of mandamus for probes.

“We notice a trend in the Nigerian media of attempted blackmail on the incoming government by paid agents on these issues. It is worrisome.

“We will not hesitate to go to court and compel a probe on these two ministries. The media cannot be used to blackmail the incoming government. I think the media should be in the forefront of those seeking for probe and support the anti-corruption stance of the incoming Buhari led administration.

“The minister should desist from engaging paid writers in a bid to bully and intimidate the incoming government because it will simply backfire and sharpen her dilemma.

“The Price Waterhouse Coopers report on this issue cannot be relied upon since it said in its introductory letter to its 199-page report that it could not vouch for the integrity of its findings and this for me, requires a second look.

“The report said it’s work was limited to facts and figures available to it…meaning it was a form of review for the benefit of the government and as such, not meant to be relied upon by Nigerians. The minister and the government should have allowed an unhindered access to get bank records of the NNPC, the deposits and withdrawals with the CBN. For not doing this, the report is as good as a review document of NNPC.

“The minister also had a golden opportunity to explain and defend herself but she burgled it through court processes. She was also shielded by the Federal Government and now, the days of accountability is here….she need not worry of any witch-hunt.

“These two sectors must be unbundled, probed and repositioned. No amount of blackmail can assuage the incoming change we yearned for. Corruption has no ethnic boundaries or coloration and the earlier Nigerians stop the politicisation of corruption on ethnic fault lines, the better for the nation.


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