YAR'ADUA'S TOP AIDES EMBEZZLED #70Billion DURING HIS TIME IN HOSPITAL!!!

Date: 04-04-2010 8:25 pm (14 years ago) | Author: Smith Mike
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- at 4-04-2010 08:25 PM (14 years ago)
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Fresh troubles may be in the horizon for members of the kitchen cabinet of ailing President Umaru Yar’Adua as they are said to be explaining how they disbursed a whopping N70 billion allegedly on behalf of the former Katsina governor as security vote between November 2009 and January 2010.

Sources claimed that two former close allies of the ailing leader who failed to make it back to the newly reconstituted cabinet by acting President Goodluck Jonathan, are said to be answering questions over the manner the money was spent and for what purpose.

Yar’Adua left the country for Saudi Arabia on November 23,2009 and was spirited back into the country after spending 93 days at King Faisal specialist Hospital where he received treatment for acute pericarditis.
Security sources also added that the passports of the two former Presidential aides have also been impounded.

Although the name of a third top aide of the ailing leader also, allegedly, came up during the investigation into how the money was spent when the President was on sick bed in a Saudi hospital, the source could not confirm whether his passport has equally been seized.
The seizure of the passports, it was learnt, was to frustrate the former key members of Yar’Adua’s cabal “from fleeing the country and compromise efforts by the Goodluck Jonathan’s administration to hold some former cabinet members accountable for their deeds while Yar’Adua was away”.

Sources claimed that the two aides were responsible for the disbursement of the money while Aondoakaa also gave endorsement to some of the spending. They, allegedly, disbursed huge sums of money running into billions while Yar’Adua was in Saudi Arabia.
The source said, “ before the budget was signed in December 2009, one of the aides who happens to be a point man to Yar’Adua allegedly spent over N16 billion without recourse to the then Vice President, while the other allegedly gave his consent to the disbursements.

Sources said that while part of the N70 billion went into the fight to sustain the Yar’Adua Presidency during his sojourn in the Saudi Hospital, a huge chunk of it went into private pockets and were salted away into some foreign accounts.

The source added that the missing fund is believed to have been used to fund the unrelenting propaganda embarked on during Yar’Adua’s stay in Saudi Arabia and since he was brought back to Abuja.
Part of the money, it was learnt was also used to sponsor various litigations to challenge the proclamation of Jonathan as acting President.


Source: http://www.sunnewsonline.com/webpages/news/national/2010/apr/04/national-04-04-2010-001.htm

Posted: at 4-04-2010 08:25 PM (14 years ago) | Gistmaniac
- j-rules at 4-04-2010 09:54 PM (14 years ago)
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till people in positions and authority starts looking just beyond thier personal gain this country goes no where
Posted: at 4-04-2010 09:54 PM (14 years ago) | Upcoming
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- Mba5 at 4-04-2010 10:14 PM (14 years ago)
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You are right bro!
Posted: at 4-04-2010 10:14 PM (14 years ago) | Gistmaniac
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- megafather1 at 4-04-2010 10:53 PM (14 years ago)
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what will ppl gain by being wicked?stealing ppls mony,anyhow,god will judge them.  Undecided
Posted: at 4-04-2010 10:53 PM (14 years ago) | Gistmaniac
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- Mba5 at 4-04-2010 11:17 PM (14 years ago)
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I think you see the reason behind all this Yar'Adua issue?Some of the so called cabals just capitalize on it!!!
Posted: at 4-04-2010 11:17 PM (14 years ago) | Gistmaniac
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- tonydykesuzie at 5-04-2010 12:10 AM (14 years ago)
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dont know how true this story is but if real,they deserve to be hang
Posted: at 5-04-2010 12:10 AM (14 years ago) | Newbie
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- johnaboko at 5-04-2010 12:38 AM (14 years ago)
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N70b(approx $467m).This cannot be true.Even if say a quarter of this amount was spent during the period,then this 'cancer' in the polity cannot be treated with chemotherapy,the 'patient' should be 'extinguished'.
Are there  no controls?
Posted: at 5-04-2010 12:38 AM (14 years ago) | Newbie
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- Mba5 at 5-04-2010 01:04 AM (14 years ago)
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You think I will send some kind of news that is not existing???
Read the Latest Nigerian News!!!!
QUOTE:
Yar’Adua’s N70bn missing
•FG seizes passports of top aides
By Olusola Balogun
Sunday, April 04, 2010
Posted: at 5-04-2010 01:04 AM (14 years ago) | Gistmaniac
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- Mba5 at 5-04-2010 01:07 AM (14 years ago)
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DAILY SUN NEWS On-Line.
Posted: at 5-04-2010 01:07 AM (14 years ago) | Gistmaniac
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- megafather1 at 5-04-2010 01:48 AM (14 years ago)
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see reference,nawa Cool
Posted: at 5-04-2010 01:48 AM (14 years ago) | Gistmaniac
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- vantheo at 5-04-2010 03:30 AM (14 years ago)
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Na wa o.

Posted: at 5-04-2010 03:30 AM (14 years ago) | Hero
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- ablewarrior at 5-04-2010 08:02 AM (14 years ago)
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Am not surprised because this kind of thing have been happening,they are not the first to steal our money and go away with it,they should be forgiven just like others are forgiven.
Posted: at 5-04-2010 08:02 AM (14 years ago) | Newbie
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- Ify9ja at 5-04-2010 08:35 AM (14 years ago)
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oh wow.  I used to think Yaradua didn't embezzle.
Eeh Naija.
Posted: at 5-04-2010 08:35 AM (14 years ago) | Upcoming
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- derbi at 5-04-2010 09:18 AM (14 years ago)
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i know this will apen, na their way Grin
Posted: at 5-04-2010 09:18 AM (14 years ago) | Gistmaniac
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- derbi at 5-04-2010 09:19 AM (14 years ago)
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i know this will apen, na their way Grin barawo
Posted: at 5-04-2010 09:19 AM (14 years ago) | Gistmaniac
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- blings_is_back at 5-04-2010 09:34 AM (14 years ago)
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Quote from: Ify9ja on  5-04-2010 08:35 AM
oh wow.  I used to think Yaradua didn't embezzle.
Eeh Naija.

u used to think?..... no dey think rubbish for here oh
Posted: at 5-04-2010 09:34 AM (14 years ago) | Hero
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- sabiti at 5-04-2010 10:38 AM (14 years ago)
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d usual chop i chop
Posted: at 5-04-2010 10:38 AM (14 years ago) | Gistmaniac
Reply
- blings_is_back at 5-04-2010 11:40 AM (14 years ago)
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na so na
Posted: at 5-04-2010 11:40 AM (14 years ago) | Hero
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- Bazemaster at 5-04-2010 12:29 PM (14 years ago)
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Ok

Posted: at 5-04-2010 12:29 PM (14 years ago) | Gistmaniac
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- kellymanchidi at 5-04-2010 12:30 PM (14 years ago)
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No matter how wise we ve become in our ingorants,no matter how far we ve seen in our blindness, no matter how rich we are in our poverty, how rightous we are in our blood shed,and how we ve grown from 54th to 33rd richest country in d world,our big dream of becoming like u.s.a or 20/20 can neva be achive until those politicans both present in offices and d future ve free their minds from d politics of feed ur pocket first.
Posted: at 5-04-2010 12:30 PM (14 years ago) | Newbie
Reply
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