Goodluck Jonathan military funds allegedly dispersed amongst high-ranking officials. In addition, Jonathan was alleged to have personally ordered over ₦ 3 trillion Naira ($15 billion USD) from the Central Bank of Nigeria to support his election and other self-seeking projects under the guise of an intervention fund for national stability. Charles Soludo, a professor of economics and former governor of the Central Bank of Nigeria, equated Jonathan's financial recklessness to that of former Ugandan president Idi Amin. Ngozi Okonjo-Iweala, an economist and former Finance Minister of Nigeria, pegged Jonathan's administration as the main cause of Nigeria's economic woes in a lecture at
Goodluck Jonathan Babangida, and to win popular sympathy ahead of the 2011 elections. President Jonathan denied these allegations of terrorism leveled against him. A media statement was issued on 2 May 2012, acknowledging the accusations from Okah. The statement went on to say that: "The Presidency categorically affirms that these allegations are false in their entirety and without any factual foundation." The Presidency also expressed no interest in commenting further for the time being, but planned to "make a full representation on the matter to the court when the trial opens." In January 2013, Okah was found guilty by a South African