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How Jonathan used Halliburton bribery money to buy a helicopter

31 August 2016, 07:18

Abuja - Reports have surfaced implicating former President Goodluck Jonathan in the purchase of a security helicopter which was allegedly procured through money from the $180 million Halliburton bribery scandal.

According to a Naij report, N81.4 billion was paid in fine by five companies linked to the scandal, with some of the funds used to procure a helicopter that is allegedly still present in the presidential fleet.

Operatives from the Economic and Financial Crimes Commission (EFCC) have stated that the security helicopter in question could not have costed more than N2 billion, leaving Jonathan with about N75 billion to spend on "questionable" security needs relating to his administration.

Also read: Jonathan's aide mocks Buhari over love of cartoons

“We also discovered that a former Minister of Finance ordered the release of the fines to ONSA for ‘strange’ security purposes, including the customised helicopter,” a source at the EFCC was quoted by The Herald as saying.

The unidentified ex-Minister is set to be probed by the anti-graft agency on the use of the funds and how they were drawn.

In addition, EFCC agents will also examine whether or not the fines were in line with the offences committed.

Read more at Naij

- News24


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