Previous Co-ordinating Minister and Minister of Finance, Dr. Ngozi Okonjo-Iweala, has asserted that the Federal Government recuperated a great part of the Abacha plunders amid the administration of General Abdulsalami Abubakar and the main term of President Olusegun Obasanjo when she was not in government.


She made this charge because of an endeavor by a Lagos legal advisor, Mr Femi Falana to connection her with the $2.1 billion arms bargain, shaking serveral previous government authorities. By just $500 million was recouped amid her residency as Finance Minister in President Olusegun Obasanjo government’s second term


“Amid the time Dr Okonjo-Iweala was Finance Minister in the second residency of President Obasanjo organization, $500 million was recouped. As archived by the Field Study directed by the World Bank with the help of national and global NGOs, this sum was legitimately connected.


Falana’s emphasis in actuality indicates how vile he is and how he is prepared to disregard certainties and come up with a fiction in the administration of his patrons” she affirmed.


The previous Finance Minister through her Special Adviser, Mr Paul Nwabuikwu, noticed that she battled debasement in her time as pastor by presenting variuos strategies like IPPIS, TSA, GIFMIS and different approaches.


lt is on record that Dr. Okonjo-Iweala championed straightforwardness and enthusiastically battled debasement amid her two terms as Minister. Among different activities, beginning from Obasanjo’s second term in office, she, without precedent for Nigeria’s history, distributed month to month income allotments to all levels of government for Nigerians to see.


While serving in the Obasanjo organization, she asked for the help of the World Bank and DFID, the UK’s advancement office to manufacture foundations and frameworks that could piece spillages from the treasury. This work slowed down after she cleared out office in 2006. In August 2011 when she returned under the Jonathan government, with the help of the Ministry of Finance group, she re-strengthened the foundation and utilization of the Integrated Personnel and Payroll Management Systems (IPPIS), the Government Integrated Financial Management System (GIFMIS) and the Treasury Single Account (TSA), all of which spared the nation billions of naira by definitely lessening boulevards for debasement in people in general administration.


These realities are very much archived in progressive World Bank, DFID and IMF Article 4 Reports.


It is satisfying that the present government has embraced and is further expanding on these frameworks for the advantage of the nation” she said.


Okonjo-Iweala said that it was insensitive of Falana to neglect the way that her 83-year old mother was captured as a result of her position on debasement.


“Falana is insensitive crazy for overlooking a reality of late Nigerian history: the abduct of Professor Kamene Okonjo, the then 83 year old mother of Dr Okonjo-Iweala by operators of fuel sponsorship fraudsters who were irate that the previous Minister had blocked them from cheating the nation further.


“The criminals had told the damaged old lady that they were sent to rebuff Okonjo-Iweala for declining to pay some oil advertisers. It is on record with the State Security Services that the ruffians at first requested the acquiescence of Dr Okonjo-Iweala consequently for the arrival of her mom. Express gratitude toward God Professor Okonjo is still alive to recount to her story today and she won’t be quieted.


It is amazingly harsh and, actually, obtuse for Falana and his patrons to level false allegations against somebody such as Dr Okonjo-Iweala who experienced this sort of singing individual trial for her principled battle against defilement



Govt recuperated a lot of Abacha's plunder under A'Abubakar, Obasanjo –Dr. Ngozi Okonjo-Iweala

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