Arms Deal Probe: Fresh Controversy Over $1b Loan Approved for Jonathan


Nigeria – There are questions for former president Goodluck Jonathan to answer to when he gets back to the country from America.

The ex president had denied he never incurred a bill of $2 billion on arms procurement following a statement from embattled ex NSA Sambo Dasuki alleging that the deals were okayed by Jonathan.

This includes the whereabouts of the over $1billion loan approved for him by the 7th National Assembly for arms purchase to fight the Boko Haram insurgency, The Nation reports.

It remains unclear last night whether the loan was accessed by the administration before the expiration of its tenure on May 29.

Jonathan’s loyalists however claimed that the money was not made available before he left office.

It’s believed that the Special Investigative Panel on arms procurement may be asked to establish the truth about the loan.

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