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Oshiomhole  A lot of money was stolen under Jonathan’s watch,’ Edo Gov. says

You challenge PenCom and the Ministry of Finance, you will discover that over N3.5tn was drawn down by the previous government from the pension fund.

  • Published:
Governor Adams Oshiomhole of Edo State play

Governor Adams Oshiomhole of Edo State

(Daily Post)

Gov. Adams Oshiomhole of Edo state, revealed to State House correspondents, after a meeting with President Buhari that a lot of money was stolen under Jonathan’s watch.

Read: Governor, Sylva in war of words over cancelled Bayelsa primaries

According to Punch Newspapers, Oshiomhole said “The truth is that a lot of money was stolen and what you are seeing is just a tip of the iceberg because when you imagine what accrued to Nigeria consistently from $140 (per barrel) averaging $108 over a long period of time and yet your treasury is empty and you were running a budget deficit.

Governor Adams Oshiomhole of Edo state. play

Governor Adams Oshiomhole of Edo state.

(Pmnewsnigeria)

 

“You were devoting 85 per cent of your budget for four consecutive years to recurrent; you were borrowing and you drew the entire pensions fund.

“Yesterday, I saw a lot of analysis of how pension fund should be invested on infrastructure.

Read: APC Guber primary: Gov accuses police of compromise

Wife of Edo State Governor, Mrs. lara Oshiomhole. play

Wife of Edo State Governor, Mrs. lara Oshiomhole.

(qed)

 

“You challenge PenCom and the Ministry of Finance, you will discover that over N3.5tn was drawn down by the previous government from the pension fund to support recurrent expenditure, not to support infrastructure.

“I wonder why you want to hear it from me because some of the issues we parrot flow from what we have read from your electronic media and print media arising from what you have observed.

The Oshiomholes visit the Soyinkas in Abeokuta on August 2, 2015. play

The Oshiomholes visit the Soyinkas in Abeokuta on August 2, 2015.

(LIB)

 

“There have been probes, there have been revelations where whistleblowers have been removed from office, and they became guilty for speaking out.

“I believe that time will tell how much was taken and who was involved. I think what you are hearing now is like appetiser. It is sickening. It used to come from America, now it’s from Britain.”

 

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