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Former Nigerian military chiefs stole as
much as $15 billion through fraudulent
arms procurement deals.
This is contained in a report tagged;
“Weaponising Transparency: Defence
Procurement Reform as a
Counterterrorism Strategy in Nigeria”.
It revealed that huge sums equivalent to
half of Nigeria’s foreign currency reserves
were stolen.
The 19-page report by the Civil Society
Legislative Advocacy Centre (CISLAC) and
Transparency International (TI) UK,
unveiled yesterday in Abuja said defence
sector corruption has weakened Nigerian
counterterrorism capacity and
strengthened Boko Haram terrorists.
It was jointly presented by the Executive
Director of CISLAC, Auwal Musa Rafsanjani
and a Senior Legal Researcher at TI, Eva
Marie Anderson.
“Nigeria’s corrupt elites have profited
from conflict; with oil prices at a record
low, defence has provided new and
lucrative opportunities for the country’s
corrupt kleptocrats.
“Defence sector corruption in Nigeria has
enabled the political elite to accumulateand distribute political patronage.
Longstanding military exceptionalism,
meanwhile, has justified weak and
compromised oversight of security -
related spending and excessive secrecy,”
the report said.
It said most significant corruption
opportunities are those exploited through
inflating procurement contract values and
creating “phantom” defence contracts.
The TI report said security contracts were
used as a vehicle for money laundering
and facilitated via weak or corrupted
Nigerian banks, with illicit financial flows
hidden in property in the UK, United
States, South Africa and Dubai.
The report stressed the case a former
National Security Adviser (NSA) Col Sambo
Dasuki rtd, currently standing trial for
allegedly mismanaging funds meant for
the weapons procurement to prosecute
the Boko Haram war, as an example of
how the country’s defence sector leaves
room for exploitation.
Reacting, the Defence Headquarters (DHQ)
denied allegations of corruption levelled
against the Nigerian Military.
Defence spokesman, Major General John
Enenche, at a press conference in Abuja
yesterday said the damning accusations in
the TI report were false.
much as $15 billion through fraudulent
arms procurement deals.
 |
| Add caption |
This is contained in a report tagged;
“Weaponising Transparency: Defence
Procurement Reform as a
Counterterrorism Strategy in Nigeria”.
It revealed that huge sums equivalent to
half of Nigeria’s foreign currency reserves
were stolen.
The 19-page report by the Civil Society
Legislative Advocacy Centre (CISLAC) and
Transparency International (TI) UK,
unveiled yesterday in Abuja said defence
sector corruption has weakened Nigerian
counterterrorism capacity and
strengthened Boko Haram terrorists.
It was jointly presented by the Executive
Director of CISLAC, Auwal Musa Rafsanjani
and a Senior Legal Researcher at TI, Eva
Marie Anderson.
“Nigeria’s corrupt elites have profited
from conflict; with oil prices at a record
low, defence has provided new and
lucrative opportunities for the country’s
corrupt kleptocrats.
“Defence sector corruption in Nigeria has
enabled the political elite to accumulateand distribute political patronage.
Longstanding military exceptionalism,
meanwhile, has justified weak and
compromised oversight of security -
related spending and excessive secrecy,”
the report said.
It said most significant corruption
opportunities are those exploited through
inflating procurement contract values and
creating “phantom” defence contracts.
The TI report said security contracts were
used as a vehicle for money laundering
and facilitated via weak or corrupted
Nigerian banks, with illicit financial flows
hidden in property in the UK, United
States, South Africa and Dubai.
The report stressed the case a former
National Security Adviser (NSA) Col Sambo
Dasuki rtd, currently standing trial for
allegedly mismanaging funds meant for
the weapons procurement to prosecute
the Boko Haram war, as an example of
how the country’s defence sector leaves
room for exploitation.
Reacting, the Defence Headquarters (DHQ)
denied allegations of corruption levelled
against the Nigerian Military.
Defence spokesman, Major General John
Enenche, at a press conference in Abuja
yesterday said the damning accusations in
the TI report were false.
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