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PDP Alleges Moves To Steal Repatriated $322m

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The Peoples Democratic Party (PDP) yesterday alleged that there is a design by leaders of the All Progressives Congress (APC) and a cabal to siphon the repatriated $322 million (about N115 billion), under the cover of sharing the money to the poor in 19 states. PDP, in a statement signed by its spokesman, Kola Ologbondiyan, said its investigations show that out of the estimated 300,000 households listed as beneficiaries, more than 90 percent are phony family names supplied by fraudulent government officials, as conduit to channel the repatriated money to APC leaders and the cabal.

The statement added “Further investigation revealed that the cabal is responsible for the stampede to spend the money without recourse to the constitutionally required approval and appropriation of the National Assembly.” The PDP said while it has nothing against any genuine plan to benefit Nigerians in anyway, it believes that President Buhari is aware of the requirements of the constitution regarding the disbursement of funds belonging to the federation and that he would be held responsible for the use of the repatriated fund.
The PDP further called on the National Assembly to “protect the interest of Nigerians by immediately employing its legislative instruments to stop the re-looting of the repatriated money.”




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