The Presidential Candidate of
the People’s Democratic Party (PDP), Alhaji Atiku Abubakar has called on the
appropriate authorities to urgently institute a probe to unravel the hidden
faces behind the new ownership structure of multi billion naira telecoms giant,
Etisalat Nigeria as well as Keystone Bank.
In
a statement issued in Abuja on Wednesday , Special Assistant to Atiku on Public
Communication, Mr. Phrank Shaibu said such a probe was necessary in view of
reports that members of President Muhammadu Buhari’s family now own substantial
share in Etisalat Nigeria which has an estimated $2billion (about N727billion
at 360 per dollar) of its estimated $20billion global net worth.
Atiku
also expressed shock at reports from unimpeachable sources that the first
family now plays big in the nation’s financial sector after acquiring
mouthwatering shares in Keystone Bank with total assets of $1.916 billion
(equivalent to N307.5billion) as well as purchasing about ₦3 billion worth of
shares in the new Pakistani Islamic Bank.
“I
know that last week was turbulent for President Buhari and I apologize for
adding to his woes, but as he is insistent on the myth that he is spotless and anti-corrupt,
If this is found to be true, this scandal would break every rule of corporate
and public governance, since this will be the first time members of the first
family will be openly involved in a once-in-a-lifetime deal that would make
them all richer beyond their wildest dreams,” the statement said.
The
accusation is coming amidst reported allegations in the media that the All
Progressives Congress (APC) led federal government plans to use billions of
Naira from the Anchor Borrowers Programme allocated by the Central Bank of
Nigeria (CBN) for farmers, using imaginary donations from 12 million farmers as
a façade.
But
the presidential candidate of the PDP advised President Buhari to shun the use
of state resources and machinery for the upcoming 2019 presidential poll.
Specifically,
Atiku said no farmer contributed any N1.7billion for Buhari’s re-election
campaign, warning that APC’s decision to use monies meant for farmers to run
his campaign is not tidy at all.
“The
other day, a man who scored 15,424,921 votes to win the 2015 general election
was reported to have been nominated by 14 million APC members at the
Presidential primaries for 2019. Now, over 12 million farmers have donated to
his campaign. Are they indirectly spewing out outrageous figures of people they
intend to claim voted for them in the coming elections? Could that be why the
President was flashing an occult double four hand signal that has gone viral? What
did the hand signal mean? Does it mean that the President has jettisoned the
idea of a free and fair election and telling Nigerians that no matter how they
vote, he will return for a second term of four years? In any case , if the
farmers who just took a loan through the borrowers anchor programme and have
not liquidated the facility can donate this huge sum or any sum for that
matter, it means the ‘Association of widows and children of all those slain by
Boko Haram and herdsmen will donate N5billion to the Buhari campaign. In fact,
the 23.1 million youth who lost their jobs between 2016 till date will donate
about N12billion to the Buhari campaign.”
“Assuming
but not even conceding that such a huge sum of money was donated to President
Buhari by Nigerian farmers as his handlers would want Nigerians to believe,
wouldn’t such donation be in contravention of Section 91 (9)of the Electoral
Act 2010 (as amended) which says no individual or other entity shall donate
more than N1m to an aspirant or a candidate,” Atiku said.
Section
91 (2) of the Electoral Act further states that a presidential candidate can
spend a maximum of N1billion.
The
law also recommends a fine of N1m or a prison term of 12months or both for any
candidate that breaches the provisions of the Act.
‘We
have no stand on whether or not President Buhari should run for office. That is
his prerogative and that of his party. But we believe it is improper for public
office holders to forcefully loot public funds, on behalf of a sitting
president seeking a second term in office.
‘’What
this means is that there is a ‘war chest’ which apparently is from the national
coffers,’’ Atiku said.
He
said if President Buhari wants to run for office next year, he should take only
from monies sourced from donations by his campaign groups that are independent
of government.
‘’Anything
short of that – as is currently the case with the use of funds from the CBN
meant for farmers will mean there will be no level playing field for all the
candidates billed to contest for the presidency during next year’s presidential
elections,’’ Atiku said.
Mr.
Phrank Shaibu
SA on Public Communication to Alhaji Atiku Abubakar
PDP Presidential Candidate.
SA on Public Communication to Alhaji Atiku Abubakar
PDP Presidential Candidate.