The Peoples Democratic Party Presidential Campaign Organisation (PPCO) on Wednesday charged the Economic and Financial Crimes Commission (EFCC) to investigate the alleged looting of over N4 billion under the Tradermoni and the Farmers Anchor Borrower schemes to fund President Muhammadu Buhari’s 2019 re-election campaign.
In a statement issued by Kola Ologbondiyan, Director, Media & Publicity of the organisation in Abuja, it also urged the EFCC to open an investigation into the alleged looting of the repatriated $322 million (about N115 billion), by the Presidency, under the cover of distributing the money to the poor.
The statement said the EFCC should also commence the prosecution of all those reportedly indicted by the House of Representatives, alongside Vice President Yemi Osinbajo, for alleged diversion of a huge part of the N33 billion, meant for food and other welfare items for Internally Displaced Persons (IDPs) in the North East.
The PPCO insisted that the investigation into the alleged looting, as well as the recovery of the stolen funds from the coffers of the Buhari Presidential Campaign, must not be carried over into the coming year.
The statement added: “It is rather despicable, after looting over N14 trillion in unremitted oil revenue, the Presidency cabal and the APC leaders are also hiding under the plight of innocent Nigerians to further syphon funds for their selfish ambitions.
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“Our party holds that President Buhari is being very unfair to Nigerians in asking them to get ready for more suffering in the coming year when trillions of naira meant for their well-being have been syphoned and stashed away in his campaign coffers, where APC leaders also fritter funds to finance their wasteful lifestyles.
“The EFCC should note that Nigerians are already aware that agents of the Presidency and the APC are involved in N1.2 billion round-tripping of public funds under the Anchor Borrowers’ Programme, for which they named a non-existent Anchor Borrowers Farmers’ Association as donors, in a bid to legitimize their syphoning of funds from public coffers to fund President Buhari’s campaign.
“Nigerians are also in the know that agents of the Presidency, under the watch of Vice President Osinbajo, are being used to divert huge part of the budgeted sum for the Tradermoni scheme while handing out paltry sums to unsuspecting beneficiaries, who are further fleeced through 10 per cent kickbacks by APC agents.
“On the repatriated N115 billion, we charge the EFCC to make public, its findings on the allegation that 90 per cent of the estimated 300,000 households listed as beneficiaries are phony family names supplied by fraudulent government officials, as a conduit to channel the repatriated money to APC leaders and the Presidency Cabal.
“President Buhari has completely failed his integrity test and no longer has the moral standing to expect votes from the same persons stolen from to finance his re-election bid.”
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