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Buhari’s asset declaration incomplete, document shows

2 Min Read

There are indications that President Muhammadu Buhari’s asset declaration may not have given Nigerians the full picture of the president’s worth.

According to a document allegedly obtained by Daily Post, the president holds a considerable amount of shares in Panalpina World Transport (Nigeria) Limited, an investment that was not part of the list presented to the Code of Conduct Bureau for verification.

It will be recalled that the president prior to his 100 days in office had earlier this week declared his assets publicly in a move aimed at promoting transparency.

The President had claimed to have shares only in Union Bank, Skye Bank and Berger Paints.

The document Daily Post uncovered supposedly claims that Buhari bought the Panalpina shares on August 1, 1995.

According to the document “Allotment of shares of 15,000,000 received in response with Rights Issue of 3,000,000 was capitalized and used to pay up in full 15,000,000 Bonus shares.

The list of subscribers was said to have included a “(1) Buhari (Major General) Mohammadu – 90,000; address 7 Aliu Garaki Rd Kaduna…”

The President had in his asset declaration document mentioned the ownership of a house in Kaduna.

The document is said to be a Certified True Copy obtained from the Corporate Affairs Commission.

The opposition Peoples Democratic Party had accused the president of deliberating misleading Nigerians with his asset declaration.

The Presidency is yet to react to this latest allegation.

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