PDP alleges 'cabal' conspiracy to steal $311 of repatriated funds, asking Nigerians how to test it out

new attempts by the presidential cabal and the All Progressive Congress (APC) to use false subheadings and duplicated projects as a scheme to re-loot.
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PDP's National Publicity Secretary, Kola Ologbondiyan

The People's Democratic Party (PDP) urged Nigeria's federal government to hand over the repatriated $311million fund to the National Assembly for proper constitutional appropriation.

The PDP, which issued the appeal on Wednesday in a statement by its National Publicity Secretary, Kola Ologbondiyan, also urged Nigerians to avoid schemes by the cabal to prevent them from seeking clarification about the suspected plundering of repatriated funds.

PDP also said it had discovered new attempts by the presidential cabal and the All Progressive Congress (APC) to use false subheadings and duplicated projects as a scheme to re-loot.

The opposition party claimed that the cabal had mastered the use of fake subheads as nomenclatures to confuse those who repatriated the fund and pave way for the frittering of the money into their private pockets as they had done with earlier repatriated funds.

The party further alleged that part of the cabal's strategy was to hype hazy subheads and stamp out the dissipation of the funds without the National Assembly's legislative approval, which would allow them to muddle up accountability procedures, conceal their fraud and transform the unsuspecting public's attention away from the scam.

The party, claimed that “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.

“Furthermore, the Federal Government had failed to publish the details of the alleged APC leaders who own the consulting firms that was allegedly paid billions of naira up front, as consultancy fee for the “sharing” of the money, which was not also passed through the constitutionally required approval of the National Assembly.

“The APC-led Federal Government had also failed to account for the $308 million repatriated in February, for which it cannot point to any project, but rather faced with allegations of unbridled looting by the cabal and certain APC leaders, including those exposed to be receiving huge percentages from repatriated funds.

“The PDP invites Nigerians to note that the APC government had remained silent on the report by the US Department of State that the Federal Government plots to funnel this repatriated money to certain individuals connected to the APC.

“The report had exposed that the Federal Government was even in the process of funnelling $100 million of the funds to Kebbi State Governor, Atiku Bagudu, the Chairman of APC Governors Forum, who was reportedly indicted by the US for allegedly helping in transferring billions of dollar out of the country during the military era.

“It is also strange that the Federal Government is keeping an ominous silence on how much, in line with its style, would be farmed out to vested interests as legal fees on the repatriated funds.

“The PDP counsels that this repatriated $311 million should be safeguarded from the antics of the APC cabal.

“Our party demands that the fund should be surrendered to the National Assembly for proper statutory appropriation and urge Nigerians to resist schemes by the cabal to prevent them from demanding explanations on the looting of repatriated funds”.

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