Tradermoni: Buhari, APC Is Relooting Abacha Loots — Fayose

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A former governor of Ekiti State, Mr. Ayodele Fayose has described the
Federal Government TraderMoni scheme as not only an avenue for advanced
votes buying but direct “re-looting of the Abacha loots.”

Fayose
questioned the rationale in Vice President, Prof. Yemi Osinbajo leaving
Abuja and spending about N25 million on maintenance of presidential jet
as well as allowances for himself, aides, protocols, security and others
just to share say N10 million.

He said if the Federal Government
was sincere about TraderMoni, the fund should have been paid into bank
accounts of beneficiaries so that the disbursement can be traced and
properly audited, adding that “When I was governor, more than 20,000
people got N5,000 monthly stipend and the money was paid into their bank
accounts.”

According to a statement issued on Monday by his
Media Aide, Lere Olayinka, the former governor, who is also the
Southwest Coordinator of the Peoples Democratic Party (PDP) Presidential
Campaign Council said Nigerians had already seen through the deceit of
the All Progressives Congress (APC) led federal government and will
respond appropriately with their votes in 2019.

The ex-governor
said it was even funny that the same President Muhammadu Buhari who
insisted that the late Gen. Sani Abacha never stole was the one taking
pride in his government use of a phony TraderMoni scheme to reloot the
$322 million recovered from the loot Abacha stashed in Switzerland.

Fayose
said: “If not that TraderMoni was to reloot the recovered Abacha loot,
the proper way was for beneficiaries to be captured biometrically and
the N10,000 paid into their bank accounts instead of the Vice President
going to the market to share cash.

“Most importantly, there is
nowhere that the Vice President will travel to outside Abuja that he
won’t spend up to N25 million on his allowances, maintenance of
presidential jet and the allowances of his retinue of aides, including
security men.

“Therefore, of what economic sense is going to say
Kano to share the N10,000 cash to 1,000 people? Isn’t spending N25
million to share N10 million same as being penny wise pound foolish?”

Fayose
also urged Nigerians to ask the government what became of the funds
taken from Excess Crude Account to fund the Boko Haram war.

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