Monday, 2 May 2016
$15bn lost to fraudulent security equipment under Jonathan – Vice President Osinbajo
By Solomon Okpere
ABUJA - Vice president Yemi Osinabjo has revealed
that a whooping sum of $15billion was lost to the
purchase of security equipment under the watch of
Former president Goodluck Jonathan.
The Vice President spoke on Monday at the book
presentation of the Ibadan-based elite group,
House of Lords, titled "Nigeria: The Challenges of
Growth and Development, " at the University of
Ibadan.
He stated that the agenda of the president
government was to send strong message to corrupt
officials that corruption was no longer fashionable.
He said: "When you look at the sheer amount of
money that has been embezzled, the sheer amount
of money lost from any of these various cases of
corruption, you will find that far too much has been
lost.
"It was discovered a few days ago that the total
amount of money lost just to corruption in part
of...and provision of security equipments in the
military is closer to 15 billion US dollars
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