Former President Goodluck Jonathan has described the fresh allegations of financial improprieties levelled against his government by the Federal Government as “a campaign to falsely impugn” his name.

In a short statement published on his Facebook account late Sunday, Jonathan, who is currently in Sierra Leone on an election monitoring assignment, said “no matter how far and fast falsehood has travelled, it must eventually be overtaken by truth”.

Vice President Yemi Osinbajo had twice last week alleged that the Jonathan administration withdrew over N150 billion “in cash” few weeks before the 2015 general election.

Osinbajo also alleged that only a paltry sum of N153 billion was released for capital expenditure in five critical ministries: works, power, housing, transportation and agriculture.

Also last week, there were reports that the “a billionaire” close to Jonathan and the Peoples Democratic Party (PDP) had employed Cambridge Analytica, a UK-based data company, to hack into President Muhammadu Buhari’s financial and health history with the intention of using it to manipulate Nigerian voters and sway the election in PDP’s favour.

Both allegations have been denied by Reno Omokri, Jonathan’s former aide, and Femi Fani-Kayode, former Director of Media and Publicity of the Jonathan presidential campaign team. But Sunday’s statement was the first reaction directly from Jonathan on the developments even though he did not make specific reference to the allegations.

“It has been brought to my attention that while I am away promoting democracy in Sierra Leone, a campaign will be unleashed against me to falsely impugn my name using both faceless and identified persons,” he said.

“When I was in power I said my ambition is not worth the blood of any Nigerian. Even out of power, I continue to hold that belief.

“What I will say however, is that no matter how far and fast falsehood has traveled, it must eventually be overtaken by truth.”

Jonathan is still in Sierra Leone monitoring the country’s presidential election. The first round of voting, which held on March 7, did not produce a clear winner.

A run-off poll has been slated for March 27 between the top two candidates — Julius Maada-Bio, a former Military Head of State, and Samura Kamara, who served as Foreign Minister under outgoing President Ernest Bai-Koroma.