NIA DG Reveals Reason For Stashing The Recovered $43m Cash Found In Lagos Apartment - The Herald Nigeria

NIA DG Reveals Reason For Stashing The Recovered $43m Cash Found In Lagos Apartment

It has been learned that Ayodele Oke, the suspended Director-General of the National Intelligence Agency (NIA), facilitated the agency’s acquisition of the swanky Ikoyi apartment so it could be used as an OCP; Operational Clandestine Premises.

According to Saharareporters, the EFCC and NIA had for long had a cat-and-mouse relationship due to the former’s suspicion that the latter was a cesspit of corruption.

Details of the shaky relationship are contained in an internal NIA document titled “Brief on Critical Infrastructural Development and Covert Operations of The National Intelligence Agency, 2015-2018”

Contents of the document indicated that the DG of the NIA had tried to explain away the scandalous haul of cash stashed behind a fake wall in the Ikoyi apartment, Saharareporters reports.

The document showed that the DG acquired apartment 7B, located at 16 Osborne Road, Ikoyi, Lagos, where the money was found, reportedly for its “Operation Double Shield”; an operation conceived to further the agency’s aim to develop its illegal network and actualize its operational projects in Lagos.

The report revealed that the suspended NIA Director-General undertook the job of finding a suitable Operational Clandestine Premises (OCP) or “Safe House” that would be under the direct control of his office.

The document indicated that the NIA, for operational security, considered finding a trusted proxy.

However, several top NIA officers told SaharaReporters that they were not aware of the existence of the apartment as an operational base.

One of the officers stated that, if the apartment were an operational base as claimed by their DG, it would not be limited to serving as a vault for hidden cash. He added that the DG managed the funds without the knowledge of other NIA and top government officials, including President Muhammadu Buhari.

In a convoluted and poorly written narrative, the DG’s report tried to defend the choice of a property owned by his wife’s company as a “safe house.”

The report stated: “This was arrived at because the company was very close enough to the Director-General and was the only one trusted by the DG NIA. Also, it was obligatory to eliminate the potential risk of a) compromise to the covert operation b) renege and false claim to the OCP once acquired, thereby creating controversy that the agency will not be able to contest in the public space c) possible breach of the Need-To-Know operational principle.”

The document claimed that, in order to address the possible conflict of interest tied to the choice of an apartment owned by the NIA DG’s wife, the agency had made arrangements for the transfer of the proxy facility to the NIA to enable the agency to perfect its interest in the property. “Thus, Chobe Ventures immediately executed a deed of assignment and power of attorney transferring the property to the NIA. Thus, to all intents and purposes, the OCP (proxy facility) has become an addition to the agency’s property profile,” the document stated.

The report claimed that the transfer was the subsisting situation when the NIA decided to move funds to the facility for the completion of the covert operations in Lagos. “It is important to stress that the funds were actually kept in transit to the agency’s original operational office at the six-storey building, Oil Mill Street, Lagos. This was where MEA Directorate of Research operated from before 1986. This operational base has been under comprehensive

“It is important to stress that the funds were actually kept in transit to the agency’s original operational office at the six-storey building, Oil Mill Street, Lagos. This was where MEA Directorate of Research operated from before 1986. This operational base has been under comprehensive

This was where MEA Directorate of Research operated from before 1986. This operational base has been under comprehensive renovation but suffered delays. It is now billed to conclude. It was not ready at the time the funds were moved,” the report stated.

According to Saharareporters, a source in EFCC said the anti-corruption agency believes the monies became one of the main sources of dollar funds disbursed as an inducement to traditional rulers and politicians in the southwest by former President Jonathan, who was desperate to win re-election. The agent also said the $43 million hoard of cash in the Ikoyi apartment was most likely remnants from the campaign funds routed through the NIA.

The agent also said the $43 million hoard of cash in the Ikoyi apartment was most likely remnants from the campaign funds routed through the NIA.

On the discovery of the funds by EFCC, President Buhari ordered that Mr. Oke be suspended alongside Babachir Lawal, Secretary to the Government of the Federation, over allegations that companies linked to him had corruptly benefited from contracts that arose from the Presidential Initiative for The North East.

President Buhari also tasked a three-man committee, headed by Vice President Yemi Osinbajo, to investigate both suspended officials and submit its report within a fortnight.

The investigation is expected to determine the circumstances under which the NIA received huge sums of money in cash and whether there had been a breach of law in extending custody and the handling of such funds.

A portion of the NIA report obtained by Saharareporters focused on the relationship between the EFCC and NIA. According to the report, both agencies have had a difficult relationship, with the NIA accusing the anti-graft agency of desperation to embarrass it through illegal probes of its finances, especially on the award of contracts.

The NIA claimed that it had held back from taking any public action in reprisal out of concern for inter-agency harmony, respect and need to shield the government’s image from ridicule.

Any public confrontation with the EFCC, said the NIA report, would give the ugly impression that “the system was fighting itself,” “working at cross-purposes” or that of a government agency instituting litigation against another.

The NIA remarked that, in March 2016, the EFCC had begun a stealthy audit of NIA accounts, notably MEA Research Library Account No. 0020142861012. According to the intelligence agency, the EFCC’s action was unknown to it and the National Security Adviser (NSA). The NIA alleged that the action taken by the EFCC was in contravention of Paragraph 12 Sub-sections (1) and (2) of instrument No. 1 of the National Security Agencies Decree 1986.

“What was most intriguing was the fact that EFCC ‘cooked up’ bogus figures and made illegitimate entries into the NIA account in order to justify its illegal action. In the end, it took the kind intervention of the NSA to stop the EFCC in its tracks vide letter No. NSA/A/225/C of 19th April 2016 addressed to the acting Chairman of EFCC,” said the NIA document.

The EFCC’s action to freeze the accounts of all the companies handling projects for the NIA, added the intelligence agency, caused a four to six-week delay in the execution of the projects and, in certain cases, additional costs imposed by the sliding naira value. “The import of EFCC action remains a mystery although informed references can be made as to its motive,” noted the NIA.

Despite the claims made by the NIA DG’s report, several NIA officials told Saharareporters that the nature of the NIA’s operations and the poor quality of the agency’s leadership made the NIA susceptible to suspicious expenditures. One NIA officer claimed that

One NIA officer claimed that Mr. Oke was not well trained in intelligence operations, and should not have been appointed to head the NIA, adding, however, that former First Lady Patience Jonathan insisted on his appointment for “personal financial reasons.”

The NIA’s report authorised by Mr. Oke maintained that the agency has always been willing to render an account of its expenditure. It added, however, that it was sometimes restricted by the consequences of making disclosures that could lift the veil on its covert operations and expose its illegal network.

“The attendant implications and risks could irreparably damage the image of the agency, particularly with friendly intelligence services worldwide and ultimately undermine national security and the Federal Government of Nigeria,” the NIA observed in its report.

While many of the items contained in the NIA report fall in the tangible and verifiable category, others fall under less classifiable strains.

Covert operations, explained the document, “can employ a wide variety of means, each of which raises different ethical questions. Covert operations must be kept secret to be effective and this means that they cannot be subjected to the usual processes of public considerations.”

As at January 2016, the report said the agency had a sum of $89 million, described as “cash at hand,” for the improvement of its critical infrastructure and covert operations. This, the NIA claimed, was contained in its account statement submitted to the NSA. Projects funded from the critical infrastructure funds included the construction of a conference center and associated infrastructure at the NIA’s headquarters in Abuja amongst others.

The agency also claimed to have sent 22 operatives on training programs to make them certified hackers with ten of these having already completed the program.

According to the NIA document, a three-man assessment team appointed by the NSA and headed by a Brigadier-General had verified its various projects after visiting project sites in Lagos and Abuja on February 20 and 21 February 2016.

On May 17, 2016, the NSA wrote a letter conveying the President’s satisfaction with the improvement of the agency’s critical infrastructure as well as the directive that the Office of the NSA should henceforth be responsible for verification of the NIA’s current projects and associated records.

However, EFCC sources told SaharaReporters that the anti-corruption agency tracked several NIA operatives who had massively enriched themselves from funds diverted from the Nigerian treasury under President Goodluck Jonathan. Some of the operatives were found to have built hotels and purchased luxury vehicles from funds reportedly stolen from a lavish security budget meant to support the fight against the Islamist insurgency group, Boko Haram.

One EFCC source added that his agency decided to ignore Mr. Oke, the DG of NIA, when he rushed to their office claiming that the anti-corruption agency was compromising a covert operation by breaking into the apartment where they found the stash of cash.

According to the EFCC source, their investigators have so far found no credible evidence that the NIA was using the hoarded cash for any legitimate covert operation. Instead, he said, there was significant evidence that the apartment in Ikoyi was used as an illegal warehouse for public funds embezzled in the most brazen manner.

The EFCC also argued that, apart from the irresponsible and careless manner in which the cash was stored, they also found paraphernalia of the Goodluck/Sambo campaign in the apartment. They claimed that if the DG of the NIA was waiting to finish the renovation of an official building in Lagos to warehouse the funds, nothing stopped the intelligence agency from keeping the cash in a CBN vault in Lagos.

A PDP youth activist, Deji Adeyanju, yesterday lent credence to the suspicion that the stashed funds were part of the illegal campaign war chest from former President Goodluck Jonathan’s failed reelection bid.

In a series of tweets, Mr. Adeyanju praised President Buhari for firing Mr. Oke, claiming that the embattled NIA boss sabotaged President Jonathan’s campaign funds by diverting funds meant for the campaign and hiding them at the Lagos apartment.

Mr. Adeyanju also stated that after Femi Fani-Kayode, a senior campaign spokesman for the Jonathan campaign, was arrested for illegally receiving part of the security funds budgeted for the fight against Boko Haram, Mr. Oke offered to give Mr. Fani-Kayode $1m to use to bribe his way out of trouble. He said Mr. Fani-Kayode rejected the offer.

Leave a comment

Notable Saying

"Leaders learn to leverage the problems that never go away in a way to create progress for the organization."
- Andy Stanley.

The Heraldng

Stay in touch with us on your social networks and never again miss out on any updates.

FOLLOW US ON

TEst
Get Latest News Delivered to your Box ASAP
Skip to toolbar