PDP Reveals How APC Plans To Share Abacha Loot


The Peoples Democratic Party (PDP) on Wednesday, claimed that the leaders of the All Progressives Congress (APC), were planning to syphon the repatriated $322million (about N115billion) Abacha loot, under the guise of sharing the money to the poor in 19 states.

According to a statement issued in Abuja by Kola Ologbondiyan, its National Publicity Secretary, PDP said of the estimated 300,000 households listed as beneficiaries, more than 90 per cent are phony family names supplied by “fraudulent government officials, as conduit to channel the repatriated money to APC leaders and the cabal.”

The party further said 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.”

PDP added: “It is more shocking to note that President Muhammadu Buhari, who is regularly availed of information, particularly on corruption issues, approved the dispensing of the money, without the required legislative due diligence process, thereby opening the vaults for looters in the APC.

“While the PDP has nothing against any genuine plan to benefit Nigerians in any way, we believe that President Buhari is aware of the requirements of the constitution regarding the disbursement of funds belonging to the federation and we urge Nigerians to hold him responsible for this wicked plot by APC interests to use innocent citizens as cover to loot the repatriated fund.”

The PDP 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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