BREAKING - Ikoyi gate: Buhari receives report, vows to descend on culprits

By Editor on 19/12/2017

Share on facebook Yahoo mail icon Gmail icon

Views: 303

Kingibe presents findings to Buhari

President Muhammadu Buhari on Tuesday said all those found culpable in the case of large amounts of foreign and local currencies recovered by the Economic and Financial Crimes Commission in a residential apartment at Osborne Towers, Ikoyi, Lagos in April would be appropriately sanctioned.

According to a statement by his Special Adviser on Media and Publicity, Mr. Femi Adesina, the President made the pledge at the Presidential Villa, Abuja while receiving the report of a panel established to review the operational, technical and administrative structure of the National Intelligence Agency.

It will be recalled that Buhari had suspended and subsequently sacked Ambassador Ayo Oke as the Director-General of the NIA in connection with the discovery of the money which the agency laid claim.

His sacking was based on the recommendation of Vice-President Yemi Osinbajo-led committee which investigated the matter.

While receiving the report, Adesina quoted Buhari as describing the discovery of monies in the flat at Osborne Towers as an “unfortunate incident which rightly aroused public interest and outcry.”

The President added, “All the circumstances surrounding the obtaining, keeping custody and disbursement of the funds have been examined by the Vice President’s Committee and all those found to be culpable will be made to account and appropriately sanctioned.

“However, it must be understood that this cannot be done in a manner that jeopardises national security or exposes the operations of any intelligence agency, which must, by nature be conducted in secrecy.

“Suffice it for me to assure all that justice will be done consistently with our anti-corruption policies.”


Image result for ikoyi cash

Ikoyi cash

The President, while commending the Presidential Review Panel on NIA led by a former Minister of Foreign Affairs, Ambassador Babagana Kingibe, for completing their assignment expeditiously, expressed the hope that the recommendations of the panel and that of an earlier committee headed by the Vice-President to look into the Osborne matter will assist government in improving the operations of the NIA and the overall national security architecture.

“Your panel’s recommendation, informed as they are by your collective experience and expertise in this field, should in particular help to reposition the NIA to better perform its vital functions with greater professionalism.

“The Osborne Tower incident and its aftermath have also brought to the fore the need to review the entire national security architecture, which has now been in operation as established 31 years ago.

‘‘Once again, I thank you very much for undertaking this national assignment,” he said.

Osinbajo was present at the presentation of the report by the panel which has Chief Albert Horsfall, Amb. Zakari Ibrahim and Ambassador Ezekiel Oladeji as members.

Kingibe presents findings to Buhari



Source Press Release

Posted on December, 19 2017

Share on facebook Yahoo mail icon Gmail icon

You may also like...
Dino set to return home, as 50 per...

We won’t fight ECOWAS soldiers, this is a...

Woman brutalised by soldiers, sues Nigerian Army for...

Nigerians abroad remit N23.5trillion in five years -...

Babachir, Oke: The ball now in your court,...

BIZARRE: Boy suffocates in locked car, as careless...

Eagles Friendly: Balogun hits camp Sunday

Izunaso rejects NDDC appointment, Senate rejects three, approves...

Pope Francis jets out of US after historic...
Latest News SERAP to UN: Declare Herdsmen terrorist group *Responsible don't negotiate with terrorists BREAKING: Like MFM, another NPFL Club Plateau Utd crash out of CAF Champions league INCREDIBLE: You’re unlucky, doctors tell woman who lost 22 babies Gov Obiano sworn-in, begins his second term journey in Anambra Herdsmen reportedly invade Edo Communities, kill five Persons Algeria club whitewash MFM in CAFCL as NPFL team go down to CAF Confederation play-offs BREAKING: Federer dumps out Coric, race into final as Venus, Halep chicken out in Indian Wells semis Imo deputy Gov to Okorocha: You can't stop me from being next Governor Liverpool flog Watford as Salah hits first premier league hatrick, Palace journey out of relegation zone Buhari: Wakil’s death shocked me *We must not forget his dedication


Most Read BREAKING: Ronaldo, Messi, Neymar clinch final Ballon d'Or shortlist, Suarez snubbed (36,404 views) You must release Kanu, give us justice or we keep bombing – Gen. Ben (23,957 views) Seven 'killer' SARS officers arrested in Anambra for murder (21,786 views) I must redeem Ndigbo or die trying – Nwodo *We're quite uncomfortable in Nigeria (20,763 views) Biafra: I’ll lead negotiation with agitators – Okorie *Warns against force (13,851 views) Okorie to Buhari: Your gvt can’t be killing Ndigbo and offering B’Haram amnesty (12,980 views) BREAKING: Again DSS shuns court order, hedges on Kanu's release (12,155 views) BREAKING: Upset, as Ugwuanyi appoints Queen of 419 into cabinet (10,923 views) Catholic bishops to Mbaka: Your prophesies could be brain wave (10,096 views) Biafra: S’East governors, Ohanaeze to meet Buhari over Kanu (10,062 views)


News Appointments (138) Business (255) Crime (650) Economy (422) Education (162) Entertainment (89) Fashion and Style (6) General (260) Health (287) Inside Africa (223) Interviews (14) National (652) Politics (1948) Press Releases (3) Religion (132) Security (1067) Sports (1845) Technology (19) World News (399)


CBN banner advert

Chelsea Outdoor

Veleta banner

FRSC Officials vs Woman Driver on highway



Newsletters Subscribe to Whirl Wind News newsletters today and get breaking news and updates delivered to your mailbox!

Sign up