Boko Haram made some military officials, politicians billionaires – Report

Boko Haram made some military officials, politicians billionaires – Report

Transparency International says some military officials are profiting from the Boko Haram crisis.

The global civil society organisation leading the fight against corruption stated this in a report it released where it alleged that corruption in the military is weakening the country’s efforts to battle Boko Haram.

Read also: Emir of Kano exposes secret of Nigeria’s billionaires

Quoting part of the 19-page report: “Nigeria’s corrupt elites have profited from conflict; with
oil prices at a record low, defence has provided new and lucrative opportunities for the country’s corrupt kleptocrats. Former military chiefs have stolen as much as $15 billion – a sum equivalent to half of Nigeria’s foreign currency reserves – through fraudulent arms procurement deals.

“Corrupt military officials have been able to benefit from the conflict through the creation of fake defence contracts, the proceeds of which are often laundered abroad in the United Kingdom (UK), United States (U.S.) and elsewhere.”

But the defence headquarters has dismissed the report describing it as false and an attempt to weaken the fight against terrorism.

“The attention of Defence Headquarters has been drawn to an inciting corruption allegation against military officials, by Transparency International . Let me start by making it clear that this sweeping allegation is false with the following clarifications: The present leadership of the Armed Forces of Nigeria has done a lot to train, boost troops morale and procure vital equipment through due process, for the North East operations against Boko Haram in particular and other operations,” Defence spokesman, Brig-Gen. John Enenche said at a press briefing in Abuja on Thursday.

Email *

Related Articles

N304.1m fraud: Court to determine whether ex-NIMASA boss, Jauro’s statement was voluntary

A Federal High Court in Lagos on Monday, ordered a trial within trial to determine whether statements obtained from a

FG blames self, ex-Principal for death of 3 Queen’s College students

The Federal Ministry of Education has blamed itself and the immediate past Principal of Queen’s College, Lagos, Dr. Lami Amodu

Nigeria Vs Burkina Faso Friendly Cancelled Over Visa Hitches

The Super Eagles’ second friendly against Burkina Faso in London on Monday has been cancelled after seven players in the


Related Posts

GTBank Lagos State Principals Cup Enters Semi Finals Stage
The semi-final matches of the 2017 GTBank Lagos State Principals Cup (Season 8) are set to hold on Wednesday the 24th of May, 2017 at the Onikan ...
Friends mourn OAU Final year student who was stabbed to death
While police are working to apprehend the killer(s) of Ayoola Ayorinde a.k.a AYbillion, a final year student of the Obafemi Awolowo University (O...
Kano Fruit sellers admit to using carbide to ripen fruits
Sellers of fruits in Kano State under the umbrella of the State Branch of the Nigerian Fruit Sellers Association admitted to using carbide, a che...
powered by RelatedPosts