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55 Nigerians stole N1.3trillion during ex-President's tenure

A total of 55 Nigerians have been held responsible for the mismanagement of N1.3trillion under ex-President Goodluck Jonathan.

Former President Goodluck Jonathan

According to the Presidential Advisory Committee Against Corruption (PACAC), the 55 Nigerians reportedly looted a total of N1.3trillion from the country's treasury.

In a recent report by PACAC on the country's spendings and activities between  August 2015 and July 2016, the committee's Executive Secretary, Prof Bolaji Owasanoye disclosed that corruption was at its best under ex-President Jonathan's reign.

The report reads: “His (Jonathan’s) tolerance of corruption was reflected in the sunset of activities of anti-corruption agencies under his watch and exponential increase of other vices no doubt fuel by corruption.

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“For example, it is widely believed that insecurity escalated because of the massive embezzlement of $2billion through the Office of the National Security Adviser under the leadership of Col. , who allegedly diverted the money appropriated to fight insurgency.

“The problems in the downstream sector of the petroleum industry reached zenith with multi-billion dollars subsidy scams while President Jonathan looked the other way," Owasanoye revealed.

Reading further, Owasanoye said: “At the same time, other vices spread like cancer – kidnapping, import duty waivers, financial recklessness, a profligate legislature, corrupt judiciary, etc. There was no single high profile conviction under his watch yet there were allegations of high profile corruption within his cabinet.

“Jonathan’s legendary comment that stealing is not corruption underscored his perspective on corruption and remains a watershed in the history of anti-corruption crusade in Nigeria.

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“Under his watch, corruption brought Nigeria to its knees,” the reports reveals.

This is coming following several allegations of corruption levelled against Goodluck Jonathan's seven-year reign as well as many top members of his cabinet.

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