The Peoples Democratic Party has raised the alarm that agents of Muhammadu Buhari presidency and the All Progressives Congress have allegedly siphoned $1bn from the Excess Crude Account.
The PDP National Publicity Secretary, Mr Kola Ologbondiyan, in a statement on Sunday also said the agents were allegedly hiding under the guise of security to perpetuate the act. He therefore urged Buhari to explain to Nigerians the whereabouts of the money.
According to him, it was shocking, the confession of the National Security Adviser, Gen. Babagana Mongunu (retd.), that he was not aware of the whereabouts or disbursement of the $1bn drawn from the ECA by the Muhammadu Buhari presidency in 2017 for security purposes.
He added that the confession by the NSA, who coordinates the security architecture of the nation, directly placed a huge burden on Buhari’s doorsteps over reported stealing and diversion of funds meant for security, while insurgency, banditry, killings and kidnapping fester under his watch.
He said, “It further validates the stance of the PDP that agents of the Buhari presidency and the APC were hiding under the guise of security to siphon the $1bn from the ECA.”
According to him, this is especially as there are allegations in the public space that certain funds meant for security were diverted for 2019 campaigns of the APC at the expense of the nation’s troops at the war front.
Ologbondiyan said, “The PDP invites Nigerians to note that such diversion of funds under the Buhari administration led to the articulation of a blueprint by Atiku Abubakar for a transparent system that eliminates siphoning of funds, particularly in our critical sectors.”
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