top of page
Writer's pictureAdmin

2019: Buhari, APC plotting to siphon N1.2bn farmers’ fund for presidential campaign – PD

The Peoples Democratic Party, PDP, on Thursday accused President Muhammadu Buhari and the All Progressives Congress, APC, of “plotting to fleece Nigerians through the extortion of N1.2 billion from poor beneficiaries of the Central Bank of Nigeria, CBN,’s Anchor Borrowers’ Programme, to fund Mr. President’s ill-fated 2019 re-election bid.”

PDP claimed that APC intends to carry out the plot by instituting a phony Anchor Borrowers Farmers’ Association which has 12 million members, and through which they plan to siphon and launder money.

In a statement issued by its spokesperson, Kola Ologbondiyan, the former ruling party said, “completely condemned the act of corruption, particularly the attempt by the Buhari Presidency to draw financial kickback from poor beneficiaries of the Anchor Borrower’s Programme, in violation of our financial regulations.”

The statement reads: “Information at our disposal also reveals that the Anchor Borrower’s scandal is yet another scheme by the Buhari Presidency to siphon public funds and surreptitiously route same to Mr. President’s campaign.

“To achieve this ignoble scheme, the Buhari Presidency and the APC shamefully constituted a phony Anchor Borrowers Farmers’ Association, which they claimed has 12 million members, and through which they plan to siphon and launder money from public coffers to fund President Buhari’s campaign.

“Our check reveals that no such association exists and that the membership figure is just a ruse, another fabrication and attempt at procurement of fake endorsement by the Buhari Presidency, to create an impression that Nigerians are supporting President Buhari and the APC.

“Further investigation reveals how the Buhari Presidency has been secretly diverting huge part of various social intervention funds to the Buhari campaign while handing paltry sums to Nigerians. This is in addition how agents of the Presidency carrying out APC’s vote buying project, particularly the Trader-moni scheme, have been illegally collecting 10 percent kickback from beneficiaries.

“Now that Nigerians have refused to contribute to Mr. President’s re-election bid, due to his failure in office, the Buhari Presidency and the APC are seeking ways to legitimize their stealing of public funds to finance their campaign and service the wasteful lifestyles of their leaders.”

PDP challenged President Buhari to “speak out and not continue to feign ignorance of these allegations bothering directly on corruption in his Presidency. He should know that keeping quiet will not help him. Nigerians have seen through the lies, deception and contrivances of his administration and are not ready to allow such to continue in 2019.”

0 views0 comments

Comments


bottom of page