Yemisi Izuora
The Peoples Democratic Party (PDP) has accused a “cabal” in the Presidency and the ruling All Progressives Congress (APC) of plotting to misappropriate the $311 million repatriated from the United States of America.
This was contained in a statement issued by the spokesperson of PDP, Kola Ologbondiyan, on Wednesday, May 6.
Ologbondiyan said part of the strategy was to “stampede the dissipation of the funds”; without the approval of the National Assembly.
The PDP also noted that the aim of the “cabal” is to allegedly mislead those who repatriated the fund; so as to fritter the money into private pockets as they allegedly did with funds repatriated earlier.
In order to prevent this occurrence, the PDP explained that it is compulsory for the National Assembly to make an appropriation for the money before it is spent; in order to ensure accountability.
The statement reads, “The fraudulent dissipation of the funds will then be followed with false performance claims; as well as blackmailing and intimidation of Nigerians demanding for both transparency and accountability in the handling of the money.
“The party noted that such had become the standard ruse for the cabal and APC leaders; who also looted the earlier repatriated $322 million under the guise of sharing money to the poor in 19 states and had no answers to allegations that more than 90 percent of the 300,000 households listed as beneficiaries were phony family names.
“Nigerians would recall how the claims of the APC Government was rubbished by the First Lady; Aisha Buhari, who had alerted the nation that the N500 billion Social Investment Programme of the Buhari administration was hugely shrouded in corruption and that bulk of the money did not get to the poor and vulnerable.”
