Power: KOWA Party Candidate Will Probe OBJ Over Missing $16bn
Nigeria's general elections will commence in less than 11 days and political party's candidates are still making promises to Nigerians, as they push for their votes.
One issue that has played out in the past as a 'no go area', even by politicians, is the $16 billion allegedly injected into the power sector to give Nigerians constant light and the outcome of such investment.
But the Presidential candidate of KOWA Party, Sina Fagbenro-Byron, is ready to take the bull by the horn.
He has vowed to “set up an Independent Body of Investigators with specific powers to reopen the alleged missing $16 billion meant for electricity projects during the government of former president Olusegun Obasanjo and all reports of corruption in the electricity sector and to ensure effective prosecution of corruption allegations in the sector if voted into power".
The KOWA party candidate said: “I am particularly interested in getting to the root of the allegations of looting of the benefits of families of the deceased employees of Power Holding Company of Nigeria; and the budgeted N16 billion between 2003 and 2007".
Sina Fagbenro-Byron made the commitment on Monday at the public enlightenment session on anti-corruption commitments for presidential candidates ahead of the February 16 general elections, organised by the Socio-Economic Rights and Accountability Project (SERAP).
At the event which held at Radisson Hotel, Isaac John, Ikeja, Lagos, the KOWA presidential candidate also committed to a comprehensive audit of spending on security votes by presidents and governors since the return of democracy in 1999 and commit to direct the Attorney General and Minister of Justice to take legal action, in the public interest to hold governments to account on spending on security votes.
"I do not subscribe to the current manner of management of security votes and I commit to subjecting such votes to public audit and scrutiny within 3-6 months of their expenditure and in which case the president and state governors shall be held responsible as Chief accounting officers regardless of whether they have delegated such powers.”
SERAP's deputy director, Kolawole Oluwadare, who also addressed the gathering, said: “We welcome the KOWA party presidential candidate’s detailed anti-corruption commitments. We call on other presidential candidates to publicly tell Nigerians what they will do regarding the illegal security votes, constitutional immunity clause, the missing $16 billion meant for electricity projects, and the opacity around asset declaration details by presidents and governors.
“The leading presidential candidates--President Muhammadu Buhari of the All Progressives’ Party and Atiku Abubakar of the People Democratic Party--should stop taking Nigerians for granted and speak to us directly on how, exactly, they will address these fundamental governance issues".
SERAP in a statement said Sina Fagbenro-Byron accepted all its 5-point anti-corruption commitments for presidential candidates.
The public enlightenment session was chaired by Dr Dele Seteolu, Lecturer, Department of Political Science Lagos State University (LASU) and was attended by Professor Yemi Oke, University of Lagos (UNILAG); Professor Fassy Adetokunbo Yusuf, UNILAG; Dolapo Adeniran, Head Public Affairs, Economic and Financial Crimes Commission (EFCC); Seun Ademiluyi, National Human Rights Commission; representative of Mr Tope Fasua, presidential candidate of Abundant Nigeria Renewal Party ANRP; and representatives of the Nigerian Bar Association (NBA); the Institute of Chartered Accountants; and the Institute of Taxation.
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