The fund was said to have been withdrawn from one of the numerous accounts of the Nigerian National Petroleum Corporation, NNPC, for the purpose of buying 3 pieces of 40-feet mobile stages for use by Jonathan during mass public speaking events.
According to the document, apart from the fact that the sum for the stages was "incredibly inflated", there is currently no evidence that the stages were bought since the money was withdrawn.
The document read"
"While the cost of mobile stages ranges in sizes and designs, only outlandish rock star musicians in Europe and the US spend hundreds of thousands on their huge stages way bigger than the 40-feet stages.
"Even then, those musicians and superstars would not pay over $2m per stage, according to industry sources.
"The process of procurement of the three mobile stages was neither known to extant Nigerian laws and due process regulations nor were the offices of the Auditor-General and the Accountant-General in the know, according to the investigators."
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It added that the phony purchase was carried out in late 2011, a few months after Jonathan won the presidential election for a full term after having completed the term of the late President Umaru Yar'Adua.
Jonathan's CSO was said to have initiated a memo to the former President on October 17, 2011, asking for the purchase of three mobile stages.
He was reported to have written in that memo to Jonathan that memo referred to "my earlier discussion with Your Excellency on the security implication of your public appearances and your subsequent directive on the need to procure a secured presidential platform."
The Presidency source said on the same day, without any financial advice or purchase order reviews, the former President approved the request to buy the three stages and minuted the memo to the then Minister for Petroleum Resources.
In his minute, Jonathan was said to have written, "We have discussed this, please deal."
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