Malabu Oil: Obasanjo must explain to Nigerians, source of “stupendous wealth” – Fayose

Date:

For attempting to extricate himself from the web of $1.09 billion Malabu oil deal, former President Olusegun Obasanjo has come under scathing attacks from Ekiti State Governor Ayo Fayose.

Fayose in his second tirade against Obasanjo within two weeks described the former president as “the father of corruption in Nigeria who sits on stolen wealth and lacks moral rights to accuse anyone of corruption.

While challenging Obasanjo to explain to Nigerians his source of “stupendous wealth”, Fayose in a statement on Thursday by his Special Assistant on Public Communication and New Media, Lere Olayinka, attacked the Ota chicken farmer for his alleged “holier-than-thou posture”, grandstanding and pontification on issues of corruption.

The chairman of the People’s Democratic Party (PDP) Governors’ Forum who claimed that Obasanjo presided over one of the most corrupt administrations in the history of Nigeria restated his call that the ex-leader should refund the N10 million he (Obasanjo) forced him (Fayose) to donate alongside other 29 governors to his presidential library project in 2005 with interest.

Fayose who described the alleged compulsion to donate the cash for the library project about twelve years ago as “extortion” also demanded an explanation from former president on the cash-for-vote scandal on his (Obasanjo’s) alleged third term bid in which National Assembly members were compromised to rework the Constitution to elongate his tenure.

He said: “It smacked of the highest level of hypocrisy for someone like Obasanjo to be sermonizing about corruption, having superintended over a corrupt government himself.

“The former President must come out clean on his roles in the controversial $1.09 billion Malabu Oil deal, instead of warning former Attorney-General of the Federation (AGF) and Minister of Justice Mohammed Adoke to stop mentioning his name in the deal.

“It is on record that the out-of-court settlement on the controversial Malabu Oil Block was initiated in 2006 during Obasanjo’s administration. Obasanjo’s accusing anyone of corruption was like “Oyenusi accusing Shina Rambo of armed robbery.

“I challenge the former President to explain to Nigerians the source of his stupendous wealth. We saw how Obasanjo was when he became president and the magnitude of both direct and indirect investments that he has now. Can he in all honesty tell Nigerians that he acquired his wealth through legitimate means?

“Even the National Assembly affirmed him (Obasanjo) as the grandfather of corruption in Nigeria and it is on record that it was this same Obasanjo, who is always claiming holier than thou that introduced politics of ghana-must-go bags to the National Assembly.

“Has Obasanjo forgotten how many billions of naira was deployed to lobby National Assembly members to support his third term agenda?”

“Has he forgotten so soon that it was during his tenure that sacks of money were displayed on the floor of the House of Representatives, as bribe money given to some Reps members to impeach the then Speaker, Ghali N’abba?

“I reiterate my demand that the former President should refund with interest, the N10 million that I was forced alongside other governors to donate to his Presidential Library project.

“Someone like Obasanjo, who used his position as President to extort money from governors, businessmen and contractors to build his presidential library lacked moral rights to accuse anyone of corruption.”

He added: “Other Nigerians who left offices as President are still relevant to their people, but can the same be said about Obasanjo? Was he useful to the Yoruba race as President and now as former President?

“The bad state that he left major roads linking the Southwest to other zones in Nigeria, especially the Lagos-Ibadan expressway remains a pointer to this. Yet, he goes about postulating as if he is the only honest Nigerians who can make things right in the country.”

Peters Anene, News Editor
Peters Anene, News Editorhttp://Naija247news.com
Anene Peters is the news editor for Naija247news Media Group. He started his journalism career as an intern on tech and science. He's a graduate of Abia State University with a major in Computer Science and Communications. You can contact him for press events on 0903 927 6505 Email: anene.peter@naija247news.com

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Zenith Bank CEO Honored With Doctorate Degree

March 27, 2023. Azonuchechi Chukwu. Dr. Ebenezer Onyeagwu, The Group Managing...

Oyebanji Constitutes Political Appointments C’ttee

March 27,2023. Governor Biodun Oyebanji of Ekiti State has appointed...

LP readies suit against APC, Sanwo-Olu, PDP silent

March 27,2023 The Labour Party, LP, is set to challenge...

Ronaldo On Target For Portugal Against Luxembourg

  Cristiano Ronaldo scored a brace for Portugal in a...