$12.4billion oil windfall: Babangida now in the ‘dock’ as committee starts probe
Former President Ibrahim Badamosi Babangida's activities while in power to be investigated
Attorney General of the Federation and Minister of Justice, Mohammed Bello Adoke has swung into action by inaugurating the committee charged with the responsibility of investigating the Eight year years of former President Ibrahim Badamosi Babangida.
the Attorney General few weeks ago promised to set up the committee following the release of the report of Pius Okigbo probe panel which investigated the Gulf war windfall allegedly misappropriated by the ex Military power lord.
The report of the panel had previously been swept off the glare of the public and many successive government had been timid to allow justice to reign throwing probity, responsibility and transparency into the dogs by stepping hard on the probe to allow its report acted upon.
However efforts by concerned civil right activists has allowed justice to prevail thereby allowing the report to be brought to fore for digestion and further action.
And so after years of prevarication by several governments, the chicken might be coming home to roost for Ibrahim Babangida.
NEXT gathered in Abuja, the seat of power, last night, that the Federal Government has raised a committee to probe the eight-year military government of Mr. Babangida.
The former military president is alleged to have mismanaged over $12.4 billion that accrued from crude oil sales during the Gulf War.
The Attorney-General of the Federation and Minister of Justice, Mohammed Bello Adoke (SAN), told our correspondent in a telephone conversation that the committee is chaired by the Solicitor-General of the Federation and Permanent Secretary in the Federal Ministry of Justice, Abdulahi Yola.
Although the committee has been charged to work expeditiously to meet the huge expectations of the citizens, it was learnt that no deadline has been issued for the duration of the investigation.
Mr. Adoke’s revelation came on the trail of renewed actions being made to push for the enforcement of zoning as a political means of picking the presidential candidate of the Peoples’ Democratic Party (PDP) from the north in 2011 by a 48-man team inaugurated on Sunday at a meeting held by the Northern Elders’ Forum.
One of the people who was nominated into the group of eminent personalities and who could be the key beneficiary of a successful rapprochement is Mr. Babangida, a retired General seeking to reclaim power in 2011, after “stepping aside” on August 27, 1993.
His effort to stay on in power was then punctured by national and international outcry which denounced continuous Military rule after Babangida withheld the result of June 12 1993 election, confirmed by the entire world as the freest in the history of Nigeria.
Babangida in his recent quest for a new power grab declared publicly recently that he took responsibility for the annulment.
In a recent interview on London based Ben Television, the ex-ruler linked some popular projects in the country to the misappropriated sum, claiming part of the money was spent on the construction of Lagos Third mainland Bridge, Abuja, the Federal Capital Territory and some intercity roads in the Northern part of the country.
In a comfirmation with Next, Mr. Adoke said: “The committee on Okigbo report has been constituted. The committee’s work will begin properly as soon as the Solicitor-General of the Federation, who is the chairman of the committee, and who, right now, is away on an official assignment outside the country, returns.
“The committee will begin the process of its work by first authenticating the copy of the report we received. Once that is done, it will go ahead to review all the allegations and recommendations in the report, with a view to advising the Federal Government on the next line of action.”
The Justice Minister declined to authorise his Media Assistant or the Ministry’s Chief Press Secretary to release the names of the other members of the committee.
“The work of the committee is a very sensitive one. So, it is not right for me at this stage to reveal or authorise any of my aides to disclose the names of the other members for the simple reason that they could be exposed to high level of risks, influence peddling, following a public knowledge, and the possibility of tampering with the document and result,” Mr. Adoke added.
With the inauguration of the committee, the Justice Minister has fulfilled his promise to set up a committee that will determine the authenticity of the Pius Okigbo Panel report, and review the allegations and recommendations, with a view to ascertaining whether the allegations can sustain a criminal charge against Mr. Babangida.
Mr. Adoke had on May 12 acknowledged the receipt of the certified true copy of the report a group of civil society organisations (CSOs) sent to him.
A coalition of CSOs on May 5, 2010, fulfilled its promise to dust and produce the certified true copy (CTC) of Okigbo Panel Report accusing Mr. Babangida of embezzling $12.4 billion, after Mr. Adoke requested for the original copy that was alleged by the government of former president Olusegun Obasanjo to be missing.
The group of CSOs comprises: the Socio-Economic Rights and Accountability Project, Women Advocates and Documentation Centre, Access to Justice, Committee for Defence of Human Rights, Civil Society Legislative Advocacy Centre, Partnership for Justice, Human and Environmental Development Agenda, Nigeria Liberty Forum, Nigeria Voters Assembly, and Centre for the Rule of Law.
Meanwhile, in pursuance of his dream, Mr. Babangida, who has vowed to contest the next presidential election whether he is picked by the PDP or not, will on Thursday unveil his vision for a national rebirth at a one-day summit being organised by the National Solidarity Association, in Kaduna.
Source:234Next.com
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