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Jonathan’s $1bn loan request may be cornered for elections – Falana


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Ace lawyer, Femi Falana, SAN, has said that the $1bn loan demanded by the Federal Government to tackle insurgency in the country, may be cornered for the 2015 elections.

Falana raised this alarm on Saturday during a national symposium to commemorate the first memorial anniversary of late Pro-National Conference co-founder, Baba Omojola.

Falana said the Nigerian military was handicapped by massive corruption and internal fraud within the system that saw trillions of naira meant for procurement of arms freighted away for lack of accountability.

He said, “The money that has been voted for defence of our dear country in the last five years is N4tn. This year alone, it is N968bn. The president has come back for a loan of $1bn which is about N177bn added to N968bn in one year. That is over a trillion naira. At the end of the day, our soldiers are being sent to the war front having no weapon to fight.

“As of yesterday, the $1bn has not been processed, so if we are not careful the money is going to be diverted to fund the forthcoming general elections.”

Falana, who is the defence lawyer of some of the military officers standing trial for mutiny, said the Nigeria military, as presently constituted, could not liberate the country from the grip of the terrorists.

“As for the boys they accused of mutiny, when I spoke with them, they said, ‘oga, we are not guilty of mutiny. We want to fight and die for this country, but there is no equipment. They are asking us to face the Boko Haram sect that has sophisticated weapons. We are simply being asked to commit suicide and that is why we say we have the right to life. We don’t want to die cheaply’”, he added.

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