Exposed: EFCC is the reason why Buhari’s ministers are not telling him the truth
– Dr George Uboh, CEO of Panic Alert Security Systems speaks on the non-compliance of some ministries, departments and agencies to TSA directive by President Muhammadu Buhari
– Dr Uboh alleged that some top government officials are hiding the truth from the president
– Dr Uboh fingers EFCC as one of the reasons why some politicians, ministers are scared of saying the truth
Information reaching NAIJ.com has showed that some of President Buhari’s ministers might have misled him on the true state of compliance with the Treasury Single Account (TSA).
Contrary to claims made by some top ministers at different occasions that ministries, department and agencies have all complied with the TSA as ordered by President Buhari on August 11, 2015, it appears that a huge amount of federal government funds were still trapped in some banks in Nigeria.
These monies, according to the chief executive officer of Panic Alert Security Systems (PASS), Dr George Uboh were still in some Nigerian banks as at March 2016, seven months after the supposed deadline.
Dr George Uboh
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In a chat with NAIJ.com, Dr Uboh said he traced over $5.98 million, ₦47 billion and €23.5 million of federal government funds to nine banks in 27 days before the relationship between his company and Mr Malami went sour.
“However, the bone of contention is the failure of the AGF, Mr Malami to recover the funds that have been traced. Instead he wants PASS to recover the funds when according to law he (Mr Malami) is the one empowered to do this,” Uboh informed NAIJ.com
Some of the MDAs said not to have complied with the TSA include, Nigerian Port Authority, Petroleum Technology Development Fund, National Maritime Authority (NMA), Economic and Financial Crimes Commission (EFCC), and Bureau of Public Enterprise (BPE).
Prior to the commencement of TSA, Nigeria operated over 17,000 bank accounts which fuelled corruption and lack of transparency and accountability.
The accountant general of the federation, Alhaji Ahmed Idris, and minister of finance, Mrs Kemi Adeosun at different fora reiterated that all ministries, departments and agencies (MDAs) have complied with the presidential directive.
This has been found to be misleading and untrue.
According to Dr Uboh, one of the major reasons why these top government officials might have been unable to come clean to the public as regards the non-compliance with TSA and the recovery of FG-trapped funds could be due to the undue influence of EFCC.
Dr Uboh said the EFCC has a history of scaring away top politicians, governors and individuals who might have credible information against some sharp practices going on within the anti-graft agency.
He particularly made reference to the controversy that erupted when he charged EFCC to court on behalf of the Bayelsa state government concerning the full repatriation of funds recovered from former governor, Alamieyeseigha Diepreye.
Bayelsa state government later claimed that it never engaged anyone to take the matter up on its behalf.
Dr Uboh had also accused former EFCC bosses, Mrs Farida Waziri and her successor, Mr Ibrahim Lamorde of hiding funds of the EFCC in one of the new generation banks.
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Meanwhile, the federal government has released details of the interim report on financial and assets recovered from May 2015 to May 2016.
The details which was published by the federal ministry of information revealed that the Nigerian government has successfully retrieved total cash amount N78,325,354,631.82, $185,119,584.61, £3,508,355.46 and €11, 250 .
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