DETAILS OF HOW BUHARI'S SGF FUNNELED OVER N200M IDP MONEY INTO PERSONAL ACCOUNT OF HIS FIRM

Details have emerged on how suspicious payments were made by Josmon Technologies, a firm that was awarded contract by the Presidential Initiative on North East (PINE), into the bank account of Rholavision, a company linked to the Secretary to the Government of the Federation (SGF), Mr. Babachir David Lawal.

The Senate had last week asked Lawal to resign immediately to face prosecution for alleged abuse of office, contract inflation and misappropriation of Internally Displaced Persons (IDPs) funds following the consideration of the interim report of the Committee on Mounting Humanitarian Crisis in the Northeast. Lawal had however faulted the call for his resignation by the Senate describing it as an attempt to rubbish him.

Documents obtained at the weekend from National Assembly sources who are currently investigating the SGF showed that the Presidential Initiative on North East awarded a contract for the removal of invasive plant species along river channels and 115 hectares of simplified irrigation operation in Yobe State to Josmon Technologies at the cost of N272,524,356.02 million on March 8, 2016.

However, after Josmon Technologies was paid, it began to make payments into Rholavision’s account number 0182001809 in EcoBank.

Payment of the money into Rholavision account started on March 29, 2016, when Josmon Technologies paid N50 million into the account in five instalments of N10 million.

The payment continued the following day, March 30, when it paid another N50 million in five instalments of N10 million each. On March 31, it paid N20 million in two instalments of N10 million each.

Josmon Technologies returned to the bank on April 1, 2016, when it paid another N50 million in five instalments of N10 million. The payment continued on April 4, when it paid N25 million in three instalments of N10 million each twice and another N5 million.

On September 8, 2016, it paid N10 million and on September 9, it paid another N10 million and later on the same day, it paid in N55 million.

It was also sighted a letter dated September 9, 2016, written by Lawal and addressed to Corporate Affairs Commission (CAC) where Lawal stated that “having resigned my appointment as Director of Rholavision Engineering Ltd, I hereby relinquish my shares totalling 1,500,000 ordinary shares to the company.”

However, the letter of resignation to confirm whether the SGF actually resigned in August 2015 as he claimed as against Senate’s claim that he resigned in September 2016 was nowhere to be found.

Another document showed a resolution of Rholavision on October 5, 2016, where a Director of Rholavision, Jonathan Dodo, was removed and replaced by Hamidu David Lawal. Another director, Patience Mudala Ephraim, was appointed same day.
Efforts to get the reaction of the SGF were unsuccessful last night.