EXCLUSIVE: Buhari shoves governors’ call for audit, approves payment of $418 million suspicious judgement debt

President Muhammadu Buhari has approved the payment of a controversial $418million in Paris Club refund-related judgment debts to six creditors, ignoring the Nigerian governors’ objection to the legitimacy of the claims.

The debts had accrued from court judgments awarding the creditors, as “consultants” and “contractors,” various sums of money amounting to about $418million. PREMIUM TIMES had in series of exclusive reports exposed wide-ranging legitimacy issues, including non-execution of agreed contracts and backdoor deals raised against the indebtedness from various quarters.

Subsequently, in April, the NGF, through its lawyer, Femi Falana, a Senior Advocate of Nigeria, wrote the finance minister, Zainab Ahmed, asking her to suspend moves to begin paying the money as it was set to file appeals against the judgments.The fresh document obtained by this newspaper on Tuesday shows that Mr Buhari has shoved the issues raised, by authorising the Federal Ministry of Finance to issue promissory notes to the creditors.

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EXCLUSIVE: Buhari shoves governors’ call for audit, approves payment of $418million suspicious judgement debtMr Buhari’s is against the governors’ protest and call for a forensic audit into the suspicious judgment debts........................ No be today People still don't get that this man doesn't really know what he's doing and will sign whatever they put in front of him.
Source: PremiumTimesng - 🏆 3. / 78 Read more »