Presidency Clears Air On N12.5m ‘Transfer’ To Buhari

The presidency Friday evening finally cleared the air on the controversy surrounding the transfer of N12.5 million from the Ogun State Government to a PMB Estate.

The presidency reacting through Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu said President Muhammadu Buhari was not in any way connected with the transaction.

The transfer document showing a transfer of N12.5 million to President Muhammadu Buhari had circulated online for most of Friday before the presidency stepped in with its clarification.

An online newspaper had published it and it got a boost after some of the president’s major critics seized on it to hit at the president’s famed integrity.

Shehu said the fund was apparently transferred to an estate in Abeokuta named after the president as he said that Buhari has no interest in the estate.

“Fake news industry at work. A certain document showing the transfer of N12,500,000 from the Coffers of the Ogun State to a “PMB Estate” is being circulated to tarnish the image of President Muhammadu Buhari,” he said.

“The President Muhammadu Buhari (PMB) Estate is a large housing scheme in Abeokuta, the Ogun State capital. It was commissioned by President Buhari in the course of a State visit.”

“PMB Estate is owned by the Ogun State government, which honoured the President by naming it after him of cause that does not confer the ownership of the Estate to President Buhari.”

“The gossipy online newspaper, peddling the falsehood that the President, Muhammadu Buhari, the tried and tested anti-corruption fighter is the beneficiary of this cash transfer should be ignored,” he said.

“Before his election as civilian President, Muhammadu Buhari was a military pensioner and had never registered a company in his name or that of a proxy.”

“To set the record straight, we spoke with the official who posted the clarification of the payment voucher on Twitter. He worked with the Governor Amosun administration,” he wrote.

“He confirmed that the payment was made from the Ogun State Revenue Account to The PMB Estate Account for some work done on the Estate. Absolutely nothing to do with President Muhammadu Buhari.”

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