• Mon. Sep 27th, 2021

    Political Talk Today

    Political talks and news

    Don’t Approve “Corrupt” Payment Of $418million Judgement Debt, Nigerian Opposition Lawmakers Warn Buhari

    By

    Sep 3, 2021

    File Photo

    The Minority Caucus in the House of Representatives has cautioned President Muhammadu Buhari against approval of the payment of $418 million judgement debt.

    In a statement signed by the House Minority Leader, Ndudi Elumelu, on Thursday, the caucus stated that payment of the suspicious debt has generated widespread objection by stakeholders, including governors, chairmen of local governments and anti-graft agencies.

    File Photo


    The lawmakers noted that the consent judgement being relied upon for the payment is “cloudy, opaque and raises apprehensions of huge swindle on the nation’s treasury”.

    They stated that the issue requires immediate investigation by the Economic and Financial Crimes Commission (EFCC).

    The caucus, therefore, called on Buhari to, in the national interest, halt the payment processes until after investigations.

    “The Minority caucus urges President Buhari to note that the consent judgement being relied upon for the payment is cloudy, opaque and raises apprehensions of huge swindle on the national treasure which requires immediate investigation by the Economic and Financial Crimes Commission (EFCC).

    “The caucus therefore calls on President Buhari to, in the national interest, immediately halt the payment processes until after the investigations.

    “The caucus insists that the objection raised by the Association of Local Governments in Nigeria (ALGON) and the Nigeria Governor’s Forum, (NGF), in calling for forensic audit into the claims by the creditors, must be taken into consideration.

    “This is essentially because governance is a collective responsibility of all tiers and as such all views must be considered before such decisions are reached and implemented.

    “As lawmakers, our caucus insists that the approval to funnel out $418 million out of the national treasure under such hazy consent judgment and in the absence of the forensic audit, smacks of an endorsement of corruption.

    “Our caucus urges President Buhari not to allow himself to be misled or entangled in this nebulous enterprise but to listen to the state governors and allow for the audit, particularly on the particulars of claims by creditors as well as the circumstances leading to the suspicious consent judgement.

    “The Minority caucus demands that the Attorney General and Minister of Justice should avail himself of the audit to bring the processes and circumstances surrounding the judgment debt to public glare.

    “The caucus maintains that the open audit should unravel those behind the consent judgment, the propriety of such measures as well as why the objection by the governors was ignored. 

    “This is more so as the consent judgement predicated the payment of the doubtful $418 million on deductions from allocations to states and local governments, a development that will put unwarranted burden on the already overstrained tiers of government and worsen the economic and infrastructural deficit in the country.”

    Politics

    News

    AddThis

    Original Author

    SaharaReporters, New York

    Disable advertisements

    Political Marketing Agencies

    Leave a Reply

    Your email address will not be published. Required fields are marked *