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Showing posts from November 17, 2015

Arms Procurement Fraud: President Buhari Orders Arrest Of Perpetrators

President Muhammadu Buhari has ordered the immediate arrest of those involved in the arms and ammunition deals fraud. This order came after Buhari received the interim reports of the 13-man committee, inaugurated on 31st August,2015, by office of the National Security Adviser, to audit the procurement of arms and equipment in the Arm Forces and Defence since 2007 till date. Here is the full details of the shocking revelation of the committee as it was released to the general public by Mr. Femi Adesina, Special Adviser to the President On Media & Publicity. As part of its findings, the committee has analyzed interventions from some organizations that provided funds to the Office of the National Security Adviser, Defence Headquarters, Army Headquarters Naval Headquarters and Nigerian Air Force Headquarters, both in local and foreign currencies. So far the total extra budgetary interventions articulated by the committee is Six Hundred and Forty Three Billion, Eight Hund