Why I refused to declare my assets as President – Jonathan

The immediate past President, Goodluck Jonathan says he chose not to declare his assets while in office because he never believed such action stem the tide of corruption or degrade the level of terrorism in the country.

Jonathan’s postion on assets declaration was contained in the book, ‘Against the Run of Play: How an incumbent president was defeated’ written by ThisDay Board of Editors, Segun Adeniyi.

Jonathan said, “It is not the President declaring his assets that will end Boko Haram and whether I am criticised from head to toe I will not declare my assets publicly; it is not right; I did not even want to declare my assets as VP but was forced by the then President Umaru Musa Yar’Adua. 

“The law is clear. A public officer should declare his asset, and if there are issues, then the relevant agencies would have a basis to assess whether you have amassed wealth or not. Pressed further to make public his assets in the spirit of the anti-corruption war and moral basis.
“I don’t give a damn about it. The law is clear about it and so, making it public is not issue and I will not play into the hands of people. I have nothing to hide.
“I declared under Yar Ádua because he did it, but it is not proper; it is not the president declaring assets that will change the country.”
The author of the book noted that, “By refusing to make public his assets declaration, Jonathan easily played into the hands of the opposition that had started to define him as a corrupt leader.

“That characterisation hounded him throughout his tenure and would become a major campaign point in 2015.

“But if there was any corruption scandal that did incalculable damage to the credibility of his government, it was the mismanagement of the fuel subsidy funds.” 

“And with that, critical stakeholders, including organised labour unions and civil society groups-responded with anger and condemnation, vowing to challenge the Federal Government by calling for a nationwide strike.