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Does President Obasanjo Have $1 Billion Abroad?

People of wisdom have said that if you live in a glass house, you must refrain from throwing stones. Why? The answer is obvious. Because if you throw stones and it is thrown back at you, it will shatter your glass house. This is a tell-tale story confirming that Oga in Aso Rock has laundered close to $1 billion dollars using his girlfriend and others as proxies.

Bombshell: Obasanjo’s $1billion Dollars In London Bank!

BY Sunny Ofili

DATE : Friday, 15 September 2006

As the messy fight between President Olusegun Obasanjo and his deputy, Abaubakar Atiku get messier, more revelations of financial impropriety are beginning to surface. The Times of Nigeria can reveal exclusively that President Olusegun Obasanjo has over the years wired close to $1billion dollars to foreign accounts through his girlfriend, Lamide Adegbenro and other associates.

The Times of Nigeria is currently in possession of a “Payment Credit Advice” document from a British bank, “NatWest Bank PLC” advising one Ms. Lamide Adegbenro of 15 Teresa close Nottinghill, London W2 4DA that the sum of $110,000 United States dollars has been wired into her account from Habib Bank Nigeria Limited on 474 Langtang Close, area 3, Garki Abuja.

The total amount of USD 109,987.47 was paid into Ms Lamide Adegbenro’s account number 140-00-08664641 after subtracting the commission fee from the original amount. The payment was authorized by Bodunde Adeyanju, the personal assistant to President Obasanjo who has been in the center of allegations and counter allegations between the President and his Vice over the operation of the MOFAS account.

The transfer, with reference number “031030CHBSES33CXXX164641” was dated October 31st 2004. A commission of $12.53 cents was paid for the transfer.

Our source, who is based in the United Kingdom, has promised to reveal documents detailing deposits of about $1B dollars deposited in United Kingdom by the President through his proxies.

“Over the next few days therefore, I will be releasing a number of documents for Nigerians to read and see the degree of decadence of Mr. President. It is the evidence that will demand a verdict.”

“Based on what is available, I have a rough calculation of about $1billion dollars that have been laundered? There is also Obasanjo’s purported resignation letter which was secured in London just in case the Third term issue goes haywire.”

“We will also talk about Alam, Nigeria and the British intelligence? Who is telling the truth?”

“What about Dariye? Did he not use his diplomatic passport to enter Nigeria?”

“I realise that in making these information available, I will be a marked man. That is the sacrifice that has to be paid anyway. Some people paid similar prices before us, and they have laid an example for us to follow in their footsteps. May God grant us the heart and strength as well as long life to see Nigeria become great again?”

“The question we have to ask ourselves, that is if we truly love Nigeria, is: Was Obasanjo using his PA and his girlfriend as well to launder money to London? The source concluded.

Source: http://www.thetimesofnigeria.com

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14 answers

ALL na allegation, useless people dey follow useless people think, show me the proof.

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So where is the promised evidence from this source?

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OBJ is a cacophony of inexplicable duplicity – a man who found it difficult to own up to being interested in another four year term but found it convenient to bribe the legislators to realize his ambition.  On the one hand, he is busy fighting corruption, on the other hand, he is clandestinely supporting and involved in corrupt activities. We can't be fooled.

If he can dip his hands into the Treasury to bribe legislators’ fifty million each, what further evidence, substantiated or not, does anybody require to be convinced that this man has this princely sum of money stashed away in his private accounts?  TTA was defeated barely five months ago and it appears some people have forgotten what transpired during the history making event.   Is this a case of amnesia or what?

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If these allegations are real and true,why not tender the facts to the national assemblies?Let there be investigations as to the authenticity of these allegations.For me, i will not defend anyone that is accused of being corrupt,for no one was there when all the back room dealings were made.At the same time , i think anyone that has a rock solid fact or facts against any public officer should bring them to light.

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This is all unsubstantiated trash.

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@ joshO

I don't agree with you. I read about Atiku's pronouncement about the 30,000 naira seed money from this same source and he was literally torn to shreds for trying to play smart on our collective intelligence.

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This article came straight out of the ACD/AD propaganda machine,

Atiku should answer the allegations against him and stop sponsoring articles that don't add up. Soon as he is impeached and bared from contesting in 2007, let him bring out all the genuine allegations against OBJ. The sooner we got some credible people in goverment, the better - Ditto Soludo, Ribadu, Akinluyi, El Rufai etc,

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I don't need any evidence to beleive that the President is corrupt like every other Nigerian politician.I don't think that the President is embezzling money on the scale of previous Presidents but I am sure he is enriching himself

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Thanks, gnature.

globalaid: eating does not have anything to do with fraud unless the stolen moneyis used to buy food.

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Seun, you just read my mind. Excellent thought.

In addition, this "times of Nigeria" claims its source is going to show documents that reveals the existence of this account/amount. The paper should have waited for this document before publishing this headline.

Reputable publishers don't make accusations based on mere hear say.

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How does a payment of $110,000 amount to theexistence a bank account with $1 billion naira?

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Let us see if this source will really provide such evidence.

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thief is thief whether small or big. This people does not deserve to live, they are criminal and wicked soul, imagine a country that some people cannot boast of three meal a day and this monumental fraud is going on, only God will judge them. It pained me to know that in Africa we are enemy of ourselves, imagine this people calling themselves born again, ohhhhhhhhhh God have mercy on their soul

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Obj has left a bad impression on Nigeria. I pity for him ooH!

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