Boko Haram made some military officials, politicians billionaires – Report

1152, Boko Haram made military officials billionaires

Transparency International says some military officials are profiting from the Boko Haram crisis.

The global civil society organisation leading the fight against corruption stated this in a report it released where it alleged that corruption in the military is weakening the country’s efforts to battle Boko Haram.

Read also: Emir of Kano exposes secret of Nigeria’s billionaires

Quoting part of the 19-page report: “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. Former military chiefs have stolen as much as $15 billion – a sum equivalent to half of Nigeria’s foreign currency reserves – through fraudulent arms procurement deals.

“Corrupt military officials have been able to benefit from the conflict through the creation of fake defence contracts, the proceeds of which are often laundered abroad in the United Kingdom (UK), United States (U.S.) and elsewhere.”

But the defence headquarters has dismissed the report describing it as false and an attempt to weaken the fight against terrorism.

“The attention of Defence Headquarters has been drawn to an inciting corruption allegation against military officials, by Transparency International . Let me start by making it clear that this sweeping allegation is false with the following clarifications: The present leadership of the Armed Forces of Nigeria has done a lot to train, boost troops morale and procure vital equipment through due process, for the North East operations against Boko Haram in particular and other operations,” Defence spokesman, Brig-Gen. John Enenche said at a press briefing in Abuja on Thursday.

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