Court Grants Dasuki, Four Others N1bn Bail

The Federal Capital Territory ( FCT) High Court, sitting in Abuja, has granted the former National Security Adviser (NSA) Col. Sambo Dasuki ( rtd.), and four others bail on the condition that they provide N250 million bond each and a surety in like sum.

Dasuki who is facing a 19-count charge bordering on money laundering and criminal breach of trust to the tune of thirteen Billion, Five Hundred and Seventy Million Naira ( N13, 570,000, 000.00), was granted bail by Justice Huessein Baba-Yusuf.

EFCC Arraigns Dasuki, Yuguda, Bafarawa on Fresh Charges of Corruption

The Economic and Financial Crimes Commission, EFCC, on Tuesday arraigned ex-National Security Adviser, NSA, Sambo Dasuki, former Minister of State for Finance, Bashir Yuguda, ex-Sokoto State Governor, Attahiru Bafarawa, his son, Sagir before a High Court in Abuja

Sanusi Denies Donating N40bn to Dasuki

Emir of Kano, Muhammad Sanusi II has debunk the allegations that he donated the sum of N40bn in cash to the Office of the National Security Adviser, ONSA, during his tenure as Governor of the Central Bank of Nigeria, CBN.

Sanusi, while speaking with The Cable yesterday said: “This is completely untrue. In the first place, I understand the laws of money laundering. And it is a criminal offence. The central bank is the chief regulator charged with ensuring we put an end to money laundering. “

“This is partly why we started our cashless Nigeria project and why I started the BVN project. I would never authorise that amount of cash to be moved to the Office of the NSA or to anyone even if it was in their account.”

The former CBN governor further described the report that the Economic and Financial Crimes Commission, EFCC, are considering questioning him over the alleged disbursements as totally false.

He said, “I do not know where they are getting these strange stories. I was removed from the CBN in February 2014, and to the best of my knowledge, the EFCC is probing disbursements allegedly made in late 2014 and early 2015 before the general elections, if indeed they happened.

“I find it difficult to believe that this could happen in the CBN that I know but we have to wait and see what the investigations come out with. Certainly whoever is linking me to this did not even bother to look at the dates of the alleged transactions. I know nothing about them, period.”

Sanusi said all interventions projects made by the CBN, while he was the head of the apex bank, were under its Corporate Social Responsibility, CSR, budgets.

“We never gave cash to anybody. If we did we disclosed it in published accounts under CSR. Our interventions, be this to educational institutions or security services, took the form of clearly identified projects or specified procurement, done through well laid-down procedures, including competitive bidding, award of contracts, and collection of no-objection certificate from the due process office. We did not give cash to anybody.

“The total amount disbursed by the CBN on capital projects in my five years was N55 billion. And this included contracts for CBN branches and our CSR interventions mainly in the universities and secondary schools. How can anyone suggest that we gave N40 billion to ONSA?,” the Emir queried.

Source: Daily Post News

Dasuki Set To Identify Ex-Presidents Who Benefited From Funds

There are indications that the former National Security Adviser, NSA, Sambo Dasuki is set to expose more top Nigerian leaders who benefited from the slush funds meant for the procurement of arms for the Nigerian Armed Forces.

The embattled security czar who was arraigned in court alongside others on a fresh 19-count charge was quoted by a source as being ready to disclose the identity of top serving and retired Nigerian leaders who benefited from the slush fund which he is now being made to account for, Vanguard reports.

The report quoted a source close to the former NSA as saying that it had become necessary for Dasuki to expose the top beneficiaries which include former heads of state and presidents, for whom were bought bullet-proof Sports Utility Vehicles by the Office of the National Security Adviser, ONSA, with funds approved by former President Goodluck Jonathan.

The aide said the former presidents and heads of state got one exotic car from the embattled NSA without knowing the source of the fund, adding that one of the former President demanded two of SUVs, to which ONSA obliged.

According to the aide, as reported by the newspaper, the former head of state told Dasuki that he needed one of the vehicles to be kept in Abuja and another to be stationed in Lagos so as to ease his movement in the two cities, though the source refused to give the cost of the exotic cars bought for the former presidents.

“What is coming will shock Nigerians and many of them will get to know if indeed Dasuki used the money to enrich himself as being bandied in many quarters. As a law-abiding NSA, he had to carry out the instructions handed over to him by the Presidency and nothing more,” the aide said.

“It is also instructive to note that those who are now blaming Dasuki for carrying out his assigned duties and calling for his head actually benefited immensely from the security vote, which was domiciled in his office. The truth of the matter is that all over the world security votes are used for various reasons to bring about national peace and stability and Dasuki could not have done otherwise,” the source said.

Source: Daily Post News