Politics REVEALED: How Banks, Govt Officials Aided Oil Marketers to Loot Subsidy Billions - VANGUARD

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Here is a Vanguard expository report, going back years ago to unravel how the Nigerian treasury was looted in the form of subsidy payments.

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Excerpt:

Impunity twerked naked at the market square. It is still not done twerking.Thousands of forged documents , outlandish fairy tales, pervasive conscience searing mendacity . The whole of an annual federal capital budget plundered by a few. Noises were made, scapegoats whipped out and paraded in courts, backdoor negotiations were held at night. Many made away with their loot ,smiling and twerking or rather gyrating.

Some say it is their luck. Many had metamorphosed into ‘transformation ambassadors’. Others now mount rostrums, exponents of the grass to grace phenomenon. A few plotted to govern their states. And why wouldn’t they? Government officials whose gross incompetence and willful negligence can only be explained by sleaze induced criminal conspiracy did not get even a mere rebuke.

Some were promoted. Before long, the grand criminal enterprise resumed, operators and regulators were allowed to continue what they hadn’t finished before they were apparently rudely interrupted – milking the country.

click here to read full report
 
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