How Jonathan squandered N150 Billion

Former President Goodluck Jonathan
Few days after Vice-President Yemi Osinbajo alleged that former President Goodluck Jonathan  took and shared some N150 billion from the public purse two weeks before the 2015 elections.

The presidency last night revealed how the Central Bank of Nigeria (CBN) got instructions from the former president to move over N100 billion from the CBN to his private residence.

According to a presidential source, the former National Security Adviser (NSA), Sambo Dasuki, personally supervised the physical transfer of the money from the CBN vault to the private residence of the former president, revealing that in one particular instance, over N70billion was released in tranches from the CBN between January 8 and February 25, 2015.

He also said the sum of over $289 million which was referred to last week by Osinbajo was part of this particular series of alleged illegal transactions, adding that in another illegal disbursement, the minutes of meeting of the CBN board meeting of 25th August, 2014, showed that the board approved another N60 billion requested by the former president and released later by the central bank.

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