Categories: News

Presidency Reacts On Buhari Receiving N12.5M

Presidency Reacts On Buhari Receiving N12.5M.

The Presidency has faulted the viral reports that the former Ogun State governor, Ibikunle Amosun, had transferred N12.5m from the state government owned account to President Muhammadu Buhari.

Reports from Peoples Gazette, an online newspaper, had published documents showing that the Ogun State Government wired the money to the First Bank Account of the president.

Reacting to the report in a post on social media on Thursday, Garba Shehu, Senior Special Assistant to the President on Media and Publicity, clarified that the money in question was transferred to the “PMB Estate.”

He noted that the President Muhammadu Buhari Estate in Abeokuta belonged to the state government and was only named after the President.

“Fake news industry at work. A certain document showing the transfer of N12,500,000 from the coffers of Ogun State to a ‘PMB Estate’ is being circulated to tarnish the image of President Muhammadu Buhari,” Shehu wrote.

“The PMB Estate is owned by the Ogun State Government, which honoured the President by naming it after him. Of course, that does not confer the ownership of the estate on President Buhari.

“The gossipy online newspaper peddling the falsehood that the President, Muhammadu Buhari, the tried and tested anti-corruption fighter is the beneficiary of this cash transfer should be ignored.”

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