Monday 7 September 2015

President Buhari Hid Some of His Assets During Declaration

According to DAILY POST, President Muhammadu Buhari may not have
disclosed all his assets and investments in the Asset Declaration
document he submitted to the Code of Conducts Bureau, CCB.



The media house reported that President Buhari allegedly has a huge
share in Panalpina World Transport (Nigeria) Limited, which he did not
disclose in the list of his assets made public by his media aides last
week.

Documents obtained by DAILY POST reads in parts: "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 subscribers of the share were "(1) Buhari (Major General)
Mohammadu – 90,000; address 7 Aliu Garaki Rd Kaduna. (2) Babangida
(Gen. rtd) Ibrahim – 15,000; (3) Williams (Prof) Olufemi – 15,000; (4)
Gana (The Estate) Baba – 15,000" among others.

Presidential media aides are yet to react to this new development.

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