SHOCKING!!! Reps Indict Osinbajo In N33billion Corruption Scandal – Full Details
dailyadvent.com Nov 9, 2018
The House of Representatives Committee on Emergency and Disaster Preparedness, has indicted Vice President, Yemi Osinbajo, and accused him of illegally approving N5.8 billion North-East Intervention Fund, which the Lawmakers said was mismanaged by the National Emergency Management Agency (NEMA).
The Committee also called for the sack of the Director-General of NEMA, Mustapha Maihaja, for alleged fraud, corruption, and embezzlement of N33 billion Emergency Intervention fund.
The House Committee, held a public hearing four months ago, on the alleged breach of public trust by NEMA.
The report, whose recommendations were based on findings from a thorough investigation by the Hon Ali Isa J.C House Committee on Emergency and Disaster Preparedness, was adopted by the lawmakers.
The House noted that the authorisation of the release of the fund for emergency food intervention of food security in the North East contravenes Section 80(4) of the 1999 Constitution as amended states that, “No money shall be withdrawn from the Consolidated Revenue Fund or any other public fund of the federation, except in the manner prescribed by the National Assembly”.
The lawmakers agreed that the authorization granted for the withdrawal of such huge sum of money from the Consolidated Revenue Fund Account was highly flawed and had infractions on Section 80(2) of the Constitution and Section (2) of the Procurement Act, as well as provisions of the Appropriation Act, did not follow due process as taxes and interest accruable to the government were not deducted or remitted to FIRS and no meeting held by the Federal Executive Council to approve the contracts.
Furthermore, the funds were credited directly to the individual banks of the companies and NEMA bank account, a violation of the approval limit allowed by law. Out of the N5.8 billion, NEMA got N829, 026, 456 for logistics and claimed it spent N369.5 million on general logistics, N189 million on branding and packaging, N248.6 million on branding and packaging and N21.9 million on contingency.
They, therefore, called for the dismissal and prosecution of the director general of NEMA, Engr Mustapha Maihaja over fraud, corruption and embezzlement of N33 billion Emergency Intervention Fund, as well as all the government officials involved in the approval, processing, release and diversion of the fund; that the Central Bank of Nigeria, being a banker to the federal government should not have been involved in giving loans to private companies and as such, ahould be investigated for the N2 billion loan said to have been given to four named companies.
The Committee’s investigation into Breach of Trust In NEMA covered the following aspects:
(1) Release of N5, 865, 671, 389 and N3, 153, 000, 000. 00 emergency food intervention of food security in the North East in 2017 (2)6, 779 metric tonnes of rice donated by the Chinese government to IDPs in the North East (3)Payment of about N800 million demurrage on the donated rice (4) over 10 billion naira, being 20 percent statutory ecological funds released between January 2017 to February 2018 to NEMA (5)Federal Government’s N1, 600, 000, 000to 16 states in July 2017 for Flood intervention(6) Over N1.6 billion released to NEMA for evacuation of Nigerians stranded in Libya in 2017 and other ancilliary issues; N33 billion naira was lost by the federal government due to Maihaja’s mismanagement and outright embezzlement of funds. The House, therefore, asked President Muhammadu Buhari to relieve the director general of NEMA of his duties and hand him over to relevant authorities for prosecution.
They also called on the relevant agencies to conduct further investigation on NEMA, Ministry of Agriculture and Ministry of Budget and National Planning in order for them to account for the 6, 779 metric tonnes of rice donated by the Chinese government for the benefit of IDPs in Nigeria but was never done.
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