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11 Businessmen Stole More Than 15 Ex-Governors – Lai Mohammed

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Minister of Information and Culture, Lai Mohammed has disclosed that 11 businessmen allegedly stole more than 15 former governors.

He made the allegations at a press conference in Abuja earlier on Monday.

Mohammed said investigations had revealed N1.34 trillion had been stolen by politicians, bankers, businessmen, civil servants over a 7 year period spanning 2006 to 2013.

“Out of the stolen funds, 15 former Governors allegedly stole 146.84 billion naira; 4 former Ministers allegedly stole 7 billion naira; 12 former Public Servants, both at federal and state levels, allegedly stole over 14 billion Naira; 8 people in the Banking Industry allegedly stole 524 billion naira; while 11 businessmen allegedly stole 653 billion naira.

“Using World Bank Rates and Costs, one third of the stolen funds could have provided 635.18 kilometres of road; built 36 ultra modern hospitals, that is one ultra modern hospital per state; built 183 schools; educated 3,974 children from primary to tertiary level at 25.24 million per child; and built 20,062 units of 2-bedroom houses.

“This is the money that a few people, just 55 in number, allegedly stole within a period of just eight years. And instead of a national outrage, all we hear are these nonsensical statements that the Government is fighting only the opposition, or that the government is engaging in vendetta,” he said.

 

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