Comrade Timi Frank tells Vice President Yemi Osinbanjo.
The former Deputy National Publicity Secretary of All Progressive Congress (APC), Comrade Timi Frank, say Prof. Osinbajo should resign.
He said Prof. Osinbajo did not get the National Assembly approval before approving a 5.8million intervention fund which was used to solve an emergency food insecurity that erupted in the north eastern part of Nigeria in June 2017.
According to him, the Minister of Finance and the Accountant General of the Federation were sent a memo by Osinbajo to remove money from the Consolidated Revenue Fund Account.
Comrade Timi said the VP action contravenes Section 80 (4) of the amended 1999 Constitution which states, “No money shall be withdrawn from the Consolidated Revenue Fund or any other public fund of the Federation, except in the manner prescribed by the National Assembly.”
He stated:
“As a learned gentleman, Osinbajo cannot say he did not know that it is illegal for any government official to spend funds not appropriated by the National Assembly. He should have known that it is intrinsically illegal for anybody to divert funds raised through the issuance of Euro Bond – approved by the National Assembly for specific capital projects – to fund his ‘emergency intervention.’ “What is most telling is that it now appears that the VP used his brief stay as Acting President to open up the nation’s coffers for fleecing in this manner with the approval of the N5.8billion to be disbursed from the Euro Bond account and another N17billion he caused to be released from the Ecological Fund.
He said the Vice President should leave the office so that EFCC can investigate the fund disbursement process.
Timi also asked the House of Assembly to check the excesses of Prof. Osinbajo by impeaching him.
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