Jonathan Kicks Against His listing As Africa’s Sixth Richest President, Threatens Court Action

Jonathan Kicks Against His listing As Africa’s Sixth Richest President, Threatens Court Action
October 09 05:32 2014 Print This Article

jonathanPresident Goodluck Jonathan is angry over his listing as Africa’s sixth richest president by RichestLifestyle.com.
And he is threatening court action against the publishers of the list, Richest Lifestyle.

A statement on Wednesday by presidential spokesman, Dr. Reuben Abati said: “We have noted with consternation the listing of President Goodluck Ebele Jonathan by a website – RichestLifestyle.com – as the sixth richest African President with an estimated net worth of $100 Million U.S. Dollars.

“The Presidency condemns the totally unwarranted inclusion of President Jonathan in the publication titled “Africa’s Richest Presidents 2014” as another attempt to unjustifiably portray the President as a corrupt leader and incite public disaffection against him.”

Abati, insisted that there was no factual basis for the ranking.

He said: “We categorically assert that there is no factual basis for ranking President Jonathan as the sixth richest African

Head of State with a net worth of about $100 Million U.S. Dollars.

“As is well known, President Jonathan has never been a businessman or entrepreneur, but a life-long public servant. The President has held public office since 1999 and has regularly declared his assets as required by Nigerian laws. He has had no personal income since 1999 other than his official remuneration as deputy governor, governor, vice president, acting president and president which are matters of public record.

“There has been no significant variation in the totality of his personal assets as contained in his last declaration to the Nigerian Code of Conduct Bureau in 2011 which, as can be verified, was a very, very far cry from the $100 million figure now being bandied about by Richest Lifestyle.com and other irresponsible, copy-cat publications.

“The clear and unacceptable imputation of the claim that President Jonathan is now worth about $100 Million is that the President has corruptly enriched himself while in office which is certainly not the case.

“We therefore demand a retraction and an unreserved apology from Richest Lifestyle.com and all those who have reproduced the offensive article.

“Otherwise, they should be prepared to substantiate their libelous claims against the President in courts of law within and outside Nigeria.”

Angolan president, Jose Eduardo dos Santo, who has ruled Angola for 34 years, topped the list with a net worth of $20 billion.

His daughter, Isabel dos Santos, has also been ranked on the Forbes Africa’s billionaires with a net worth of $3.8 billion.

Isabel is currently Africa’s richest woman and also the world’s richest black woman.

Coming in second is Mohammed VI, the king of Morocco, with a net worth of $2.5 billion.

Mohammed ascended to the throne following his father’s death in 1999 and is also ranked as the country’s leading businessman.

In third position, with an estimated net worth of $600 million, is Equatorial Guinea’s Teodoro Obiang Nguema Mbasogo.

Mbasogo came to power in August 1979 by ousting his uncle Francisco Macias Nguema in a military coup.

He has overseen the emergence of the nation as an important oil producer, beginning in the 1990s.

Following closely behind, with a worth of $500 million, is Kenya’s Uhuru Muigai Kenyatta.

According to the website, Kenyatta and his family own stakes in Kenya’s largest dairy company, Brookside Dairies; media company, Mediamax; Heritage Hotels; Commercial Bank of Africa; and hundreds of thousands of prime Kenyan lands.

The website named Paul Biya, the leader of Cameroon for 31 years, fifth wealthiest African leader, with a net worth of $200 million.

The sixth spot is shared by Jonathan and King Mswati III of Swaziland, both with estimated net worth of $100 million each.
Chadian ruler, Idriss Deby, who has ruled for 23 years, comes in eight position, with a net worth of $50 million.
Rounding off the list is Zimbabwe’s multiple election winner, Robert Mugabe, with a net worth of $10 million.

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