I found nothing after probing Buhari’s PTF – Obasanjo

Former Nigerian President Olusegun Obasanjo on Tuesday said his administration probed the accounts of the Petroleum Trust Fund headed by the All Progressives Congress presidential candidate, Maj. Gen. Muhammadu Buhari (retd.) and found nothing unpleasant.

Buhari headed the PTF, inaugurated in March 1995, under the regime of the late dictator, Gen. Sani Abacha. The PTF was established to manage the fund accruable from the increase in the pump price of Premium Motor Spirit, otherwise know as petrol, from N3.25 to N11.

The PTF was scrapped by Obasanjo on assumption of the Presidency in 1999. The ex-President also set up a committee to investigate the accounts of the PTF following allegations of N25bn fraud in the agency.

Obasanjo’s fresh revelation was made in Ogun State when Buhari and other national leaders of the APC visited the ex-President at his Hilltop residence in Abeokuta.

Obasanjo said when he looked into the report submitted to him on the alleged fraud in the PTF he did not see anything incriminating concerning Buhari.

Obasanjo asked Buhari and other presidential candidates to address the nagging issues of insecurity, economy and deficit in infrastructure. ...Punch