Former President Olusegun Obasanjo made a new revelation on
Tuesday said his administration probed the accounts of the Petroleum
Trust Fund headed by the All Progressives Congress presidential
candidate, Maj. Gen. Muhammadu Buhari (retd.) and found nothing
unpleasant.
Buhari headed the PTF, inaugurated in
March 1995, under the regime of the late dictator, Gen. Sani Abacha. The
PTF was established to manage the fund accruable from the increase in
the pump price of Premium Motor Spirit, otherwise know as petrol, from
N3.25 to N11.
The PTF was scrapped by Obasanjo on
assumption of the Presidency in 1999. The ex-President also set up a
committee to investigate the accounts of the PTF following allegations
of N25bn fraud in the agency.
Obasanjo’s fresh revelation was made in
Ogun State when Buhari and other national leaders of the APC visited the
ex-President at his Hilltop residence in Abeokuta.
On the Buhari’s entourage were the APC
national chairman, Chief John Odigie-Oyegun; the party’s former interim
national chairman, Chief Bisi Akande; a former governor of Lagos State
and a national leader of the APC, Bola Tinubu, and the governor of Ogun
State, Ibikunle Amosun, among others.
Obasanjo said when he looked into the
report submitted to him on the alleged fraud in the PTF he did not see
anything incriminating concerning Buhari.
He said, “When you were going to become
the manager of PTF. We talked about it and when you finished and I took
over, we looked into it.
“I haven’t said this publicly, I would
say it publicly now. When we looked into it, there was really nothing
amiss except that that organisation went from road building to mosquito
net-buying and all sorts of things.
“And what the investigation discovered is
a bit of inconsistency in prices and all that. In one area, mosquito
net might have been given for N50; in another, N45. And I then remarked
that this is fishy. We should look into it.
“And I called my brother and colleague
(Buhari), I said see this and he said ‘look we are managing billions of
Naira and I tried to make sure I see everything.But I will not say that
what they have said about this is correct or not correct. But I can
assure you, I tried to see everything.’
“I said okay Muhammadu, between me, you
and God, was there any personal benefit for you? And you said ‘no.’ I
said that is the end of the matter.
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