Stacks of US fifty and one hundred dollar bills in money bag

Chief executive officer of Panic Alerts Security System, George Uboh, who was hired by the Attorney General of the Federation and Minister for Justice, Abubakar Malami, yesterday accused the minister of undermining the efforts of the Muhammadu Buhari-led administration to recover stolen monies.
Uboh, who spoke yesterday at a press conference in Abuja, said he was appointed through a letter dated February 9, 2016, by the AGF to trace, recover and remit federal government funds trapped in financial institutions, and the AGF terminated his mandate after tracing $1 billion to various accounts in Nigerian banks.
He said: “Within 17 days I was able to trace N324billion which is about ‎ $1 billion. I wrote the minister informing him and attaching proofs of the monies which are in several banks.
“Instead of following up to recover these monies, the minister wrote to me informing that my mandate has been terminated.
“While I am not against the revocation of my mandate‎, I am concerned that while President Muhammadu Buhari is busy travelling around the world tracing stolen wealth, his minister is not interested in recovering stolen monies stashed in various Nigerian banks which can be easily recovered.”
Uboh said that he had written to the president to draw his attention‎ to the fact that his justice minister is likely to sabotage his efforts at fighting corruption.
In the letter he wrote to the AGF Uboh said: “Our preliminary inquiries have so far revealed the following:
(a) Failure and or refusal by some banks and the Federal Government agencies to transfer various sums of monies in compliance with the Treasury Single Account, TSA, since September, 2015.
(b) Some abandoned bank accounts by some government-owned companies and agencies.
(c) Some manipulation on some of the accounts of federal government agencies. ‎”
As he listed eight banks where the anomalies were lodged, he called on the AGF to take immediate steps to freeze the accounts to enable the transfer of the funds to federal government designated account.
It is, however, not clear if the AGF withdrew the letter of authority issued to Uboh due to an Abuja High Court’s judgment which convicted him (Uboph) for converting the properties of the Police Equipment Fund.
Uboh had faulted the judgment, describing it as a miscarriage of justice and already challenging it on appeal.
He said: “I have issues with the judgment. You don’t need to be a lawyer to see the flaws in the judgment. The Economic and Financial Crimes Commission wants to convict me at all costs because I exposed the atrocities the commission has committed.
“No matter how they try to fight me or tarnish me, they want to kill my space, they want to silence me. All Nigerians should be interested in my findings not in my conviction. The facts speak for themselves.
“I have written the AGF three letters; he refused to respond; I’m ready to die for this cause.
“Malami is not ready to support Buhari’s fight against corruption. He can prove me wrong by recovering the monies I have traced.
“I have given him the raw intelligence. With Malami, Buhari’s fight against corruption will not go far. I challenge them to prove me wrong,” he concluded.


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