L
LequteMan
Guest
The Presidency has instructed the Defence Headquarters to determine the fate of Nigeria's Chief of Army Staff over allegations that he bought several mansions in Dubai with illegally gotten money.
“The DHQ will determine his fate on whether or not he has violated any law and if he has to be sanctioned or not," someone in-the-know said. “Whatever the DHQ’s findings will be forwarded to the commander-in-chief. Let the military conduct its findings in line with its rules and regulations.”
According to military media outfit PRNigeria, the government investigated and cleared Lt.-Gen. Buratai over his assets.
Although it was silent on whether Buratai was cleared by the Ministry of Defence or the DHQ, it said the nature of his offshore investments was based on capital market principles of shareholding.
“The capital market principle that governed the property in issue, as it was found by investigators, was akin to having shares in companies instead of wholly owning the property," an official said according to The Nation.
“The government, after investigating a recent media report over the acquisition of propertiys in Dubai, United Arab Emirates (UAE) by General Buratai, discovered that he and his wives invested as “shareholders” like many other persons in the property mentioned in the publications and were not the sole owners.”
Buratai blames Boko Haram terrorists for the allegations.
“The DHQ will determine his fate on whether or not he has violated any law and if he has to be sanctioned or not," someone in-the-know said. “Whatever the DHQ’s findings will be forwarded to the commander-in-chief. Let the military conduct its findings in line with its rules and regulations.”
According to military media outfit PRNigeria, the government investigated and cleared Lt.-Gen. Buratai over his assets.
Although it was silent on whether Buratai was cleared by the Ministry of Defence or the DHQ, it said the nature of his offshore investments was based on capital market principles of shareholding.
“The capital market principle that governed the property in issue, as it was found by investigators, was akin to having shares in companies instead of wholly owning the property," an official said according to The Nation.
“The government, after investigating a recent media report over the acquisition of propertiys in Dubai, United Arab Emirates (UAE) by General Buratai, discovered that he and his wives invested as “shareholders” like many other persons in the property mentioned in the publications and were not the sole owners.”
Buratai blames Boko Haram terrorists for the allegations.
