{"id":63828,"date":"2018-08-28T20:11:39","date_gmt":"2018-08-28T19:11:39","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=63828"},"modified":"2018-08-28T20:11:39","modified_gmt":"2018-08-28T19:11:39","slug":"missing-n4-trillion-oil-money-pdp-accuses-buhari-presidency-of-corruption","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/missing-n4-trillion-oil-money-pdp-accuses-buhari-presidency-of-corruption\/","title":{"rendered":"Missing N4 trillion Oil Money: PDP Accuses Buhari Presidency of Corruption"},"content":{"rendered":"<div id=\"m9139136658388563650\" class=\"mail-message expanded\">\n<div class=\"mail-message-header spacer\">The Peoples Democratic Party (PDP) charges President Muhammadu Buhari to<\/div>\n<div class=\"mail-message-content collapsible zoom-normal mail-show-images \">\n<div class=\"clear\">explain the whereabouts of the N4trillion unremitted oil revenue and<br \/>\nother financial rots in his Presidency as detailed in the audit report<br \/>\nby Price Waterhouse Cooper, a firm commissioned by his administration.<\/p>\n<p>A statement signed by the party spokesman, Kola Ologbondiyan said the<br \/>\nreport has further confirmed that President Buhari has been presiding over<br \/>\na humongously corrupt administration, while at the same time posturing as<br \/>\nMr. Integrity and pointing accusing fingers on everyone else but himself.<\/p>\n<p>&#8220;Nigerians, particularly those who have been defending the Buhari<br \/>\nadministration, were shocked by revelations, in the audit report, of the<br \/>\ntheft of N4trillion in a sector that is under the direct supervision of<br \/>\n\u2018honest\u2019 President Buhari, as Minister of Petroleum Resources; the<br \/>\ncallous frittering of N50 billion from coffers of the National Poverty<br \/>\nEradication Programme (NAPEP) and Ministry of Agriculture; disappearance<br \/>\nof N28 billion from the Ecological Fund, using fraudulent borrowing<br \/>\nwindows, among others sharp practices.<\/p>\n<p>&#8220;Nigerians are also shocked to learn how some ministers under President<br \/>\nBuhari stole N413 million from agencies and parastatals using fraudulent<br \/>\nimprests.<\/p>\n<p>&#8220;It is instructive to note that this latest audit report adds to<br \/>\noutstanding revelations of corruption under President Buhari, including<br \/>\nthe leaked NNPC memo detailing underhand contract to the tune of N9<br \/>\ntrillion, the illegal lifting of crude worth N1.1 trillion in 2017 using<br \/>\n18 illegal companies, the alleged N1.4 trillion fraud in the oil subsidy<br \/>\nregime in addition to stealing of over N43 billion from the National<br \/>\nHealth Insurance Scheme (NHIS) and Internally Displaced Persons (IDP)<br \/>\nfunds.<\/p>\n<p>&#8220;Now that the huge rot in his Presidency has been exposed by a firm<br \/>\ncommissioned by his own administration, the PDP challenges President<br \/>\nBuhari to make good his declaration to jail treasury looters by starting<br \/>\nwith a self-searching and explanations on the sleazes directly linked to<br \/>\nhis office, both as President and minister of petroleum resources.<\/p>\n<p>&#8220;The PDP states that the audit report has stripped this administration of<br \/>\nall integrity and vindicates our stand that President Buhari runs an<br \/>\ninnately and inherently corrupt administration.<\/p>\n<p>&#8220;Nigerians can now see the real reason our nation has been brought to its<br \/>\nknees; why our economy suddenly collapsed into a recession and why our<br \/>\ncitizens have been subjected to the worst kind of suffering, hunger and<br \/>\nstarvation in the last three years.&#8221;<\/p>\n<\/div>\n<\/div>\n<div class=\"mail-message-footer spacer collapsible\"><\/div>\n<\/div>\n<div id=\"conversation-footer\" class=\"spacer\"><\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The Peoples Democratic Party (PDP) charges President Muhammadu Buhari to explain the whereabouts of the N4trillion unremitted oil revenue and other financial rots in his Presidency as detailed in the&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":61416,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-63828","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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