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Anti-Corruption War: Ex-Finance Minister returns N140 million out of N2.5 billion, set for release on bail on health grounds



Embattled former Finance Minister, Senator Esther Nenadi Usman, has returned N140 million out of the N2.5 billion she allegedly received from the office of the former National Security Adviser ahead of the 2015 Presidential elections. 

In addition, the former Senator, who served as the Director of Finance for the Peoples Democratic Party, PDP, Presidential Campaign Organisation, has surrendered two of her houses to the Federal Government as a condition for her release from the custody of Economic and Financial Crimes Commission, EFCC.


A top source in the commission, who confirmed the figures, hinted that the former Finance Minister might be released on bail on health grounds, given the amount of money and the property she has forfeited to the government in lieu of what she collected.

Although the source said the commission had obtained a court order to keep her beyond the stipulated time to interrogate her further, it was learned that an undisclosed health challenge facing her had compelled the operatives to consider granting her administrative bail to seek medical attention.

 When asked if the former minister had been released, the source said: “She is still with us, but we are considering granting her bail, even though we have a subsisting court order to keep her.

 “The former minister and lawmaker has agreed to surrender two of her choice property in Abuja, in addition to refunding N140 million to the Federal Government.” According to findings, the former minister is being quizzed over various sums of money, which were paid into her account, including the N2.5 billion which was transferred out of Central Bank of Nigeria, CBN, into her account.

 In addition, N140 million cash was allegedly paid into her Zenith Bank Account in January 2015. Usman is alleged to have had access to what EFCC sources described as “huge cash,” some of which the agency says came from the CBN

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6 comments

  1. These looters have no liver afterall. Always forming sickness when they are caught. It is that sickness that will kill them all for turning Nigeria to animal farm. Idiots.

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  2. Ridiculous! Is she making a mockery of the anti-corruption efforts by returning a paltry 140 million. What nonsense!

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  3. Was this woman not minister of state for finance under Obj govt. and the wife of former minister for national planning. If she was( I had great regard for her and Okonjo- Iwuala) then there is trouble in Nigeria

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  4. There is inconsistency in this report. A few days ago it was reported that this woman returned 2.5 billion naira cash to EFCC, now this version is telling us that it is 140 million naira out of the 2.5 billion naira she collected from the former NSA that was returned. I think someone is not reporting the fact.

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  5. She is hausa ooh,i guess no one is crying "witch hunt" now abi

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  6. She is not a hausa woman.so you can conclude is still witch hunting. Yes we know the game.she is from southern Kaduna. Not a hausa

    ReplyDelete

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