The Economic and Financial Crimes Commission has quizzed a former Secretary to the Government of the Federation, Chief Olu Falae, on his alleged role in the $15bn arms scam.
Falae, who was quizzed on Thursday by the anti-graft agency, had in February admitted to collecting N100m from a former Chairman of the Peoples Democratic Party’s Board of Trustees, Chief Tony Anenih, during the build-up to the 2015 presidential election.
The money was reportedly given to Falae to get his party, the SDP, to endorse the then President, Goodluck Jonathan, and campaign for him.
However, the N100m was said to have emanated from the imprest account of the Office of the National Security Adviser, under Col. Sambo Dasuki (retd), domiciled in the Central Bank of Nigeria.
The money, which Falae got was said to be part of the N3.145bn transferred from the account of the ONSA to the bank account of Joint Trust Dimensions Limited, a company allegedly owned by the Director of Finance of the Goodluck Jonathan Campaign Organisation, Senator Nenadi Usman.
On Anenih’s instruction, Usman was said to have transferred N100m into a UBA account titled Marecco Nigeria Limited with number 1000627022, which allegedly belongs to Falae.
Others who allegedly received part of the fund were a former Minister of Aviation, Femi Fani-Kayode (N840m) and two former ministers, Achike Udenwa and Viola Onwuliri, who jointly received N350m in two tranches.
An investigator at the anti-graft agency told our correspondent that Falae was grilled for several hours and then allowed to go home on the condition that he would return in the next two weeks.
The source said Falae admitted to receiving the fund but maintained that he did not know that the money emanated from the ONSA.
However, investigators were said to have rattled the 78-year-old with fresh facts.
A detective said, “Chief Falae came to our office based on an invitation. He told us the story of how he received N100m based on the instruction of Anenih. However, our investigations revealed that Falae only transferred N60m to his party, SDP.
“The remaining N40m was personally withdrawn by him, which means it was not used for campaign. When he was confronted, he started appealing to us that he did not want to be detained or taken to court, so we told him to go and bring the N40m first.
“He said we should give him some time, so we have given him two weeks to go and bring the money and then report back to us.”
Asked if the EFCC was willing to charge Falae having frozen his account, the detective said, “Chief Falae, is a former Permanent Secretary and Minister of Finance. There is no way he would not have known that the deal was shady.
“If he really wanted to use the money for campaign, why didn’t he ask that the N100m be paid into the account of the SDP? Also, why didn’t he question the source of the fund when it did not emanate from the account of the PDP? Why did he keep N40m to himself?
“We are not victimising any political party or investigating the source of campaign funds. All we are doing is tracing the billions of dollars stolen from the ONSA account. Once you return the money, you will have no problem.”
Falae, while admitting in February that he collected N100m, had said, “It is true that N100m was given to my party to endorse and work for (former President Goodluck Jonathan’s candidature in the 2015 election. We used the money for that purpose and we effectively campaigned for the PDP since we did not have presidential candidate in the election. The money was not for me.
“With all the money PDP has and having spent 16 years in power, how would I have known that the money was from the arms deal? No reference was made to the arms deal. So, they should not bring me into the arms issue.”
Falae, while speaking to one of our correspondents on Saturday confirmed that he was invited by the EFCC. The elder statesman said he told the anti-graft agency that he didn’t collect any money from Dasuki.
He said, “It is true that I was invited by the EFCC and during the interrogation I told them that I didn’t collect money from Dasuki; that the money given to my party through Chief Tony Anenih was not given to me personally but to my party, the SDP.
“I also told them that the money was mainly used for the election. I told them it was an inter-party arrangement between our party and the PDP and the money was spent on the election. I didn’t know where the PDP got their money from, it was not my business but the money given to us had been spent on the election.
“I explained to them exactly what I said in my interview in the newspapers.”
He, however, declined comment on whether or not he was asked to come back to the EFCC for further interrogation. Click to signup for FREE news updates, latest information and hottest gists everyday
Advertise on NigerianEye.com to reach thousands of our daily users
This efcc seems to a very childish organization. You invited an old man to account for money given to his party for campaign and the as he leaves, younstartbtelling the world how you rattled him and all that he told you. What a shame. I believe the white people gave us independence too early. This is one reason I support Donald Trump. One day, a new government will detain the apc pharoahs until they confess how the got the billions of dollars used to win the election that has put them in power. Judgement day is not far off. Tinubu, Buhari, fashola, Amaechi, okorowhite, ngige, Onu, sanusi, el rufai, all must be ready to stay in Kuje.
ReplyDeleteHonestly, I believe you are the one with holes in your head. If Dasuki gave money to anyone for a stated purpose, must the receiver ask for the source of the money? This is where the EFCC and their masters got it all wrong. We should all be reasonable for once. Haba
DeleteIf the money is for campaign why has the old fool not send everything to his party. He still go ahead and steal N40m there. Why has the money not taken from Pdp account why from ONSA. A thief is a thief even if he is 100years old. The old rogue told the whole world that he has no money when kidnappers pick him and demand for N5m while he also stole N40m
DeleteI don't think a reasonable person should still be talking about party here.. What is not good is not good though non of the party is pure.. But PDP has done more harm than good to this nation.. This is good for us..other party should also try to win the next election and probably the predecessor...sincerely we should be grateful PDP lost the last election
ReplyDeleteI don't think a reasonable person should still be talking about party here.. What is not good is not good though non of the party is pure.. But PDP has done more harm than good to this nation.. This is good for us..other party should also try to win the next election and probably the predecessor...sincerely we should be grateful PDP lost the last election
ReplyDeleteJust listen to yourself anonymous 9:51pm. "must the receiver ask for the source of the money"...the most senseless comment I've come across ever.
ReplyDeleteIf someone sells you a car which goes for N3million in the market for N500,000, what will you do? Won't you ask questions? Only a thief will sell like that and both the seller and buyer are guilty of the same offence.
Someone who's in government invites you and gives you N100million, was it from his private pocket? When you and I know that even without spending a kobo throughout his 35yrs of service, he can't come close to saving that amount.
Please try to have some common sense. Leave out sentiments and lets support this administration to rid this nation of corruption.
KJoe
The money should not have been sent to his his or company account(Marecco Nigeria Limited) since it is meant for party. l believe SDP has an account which is the appropriate place to deposited the money. That is where baba got it wrong
ReplyDeleteObviously, 60 miilion is meant for the party while 40 million is meant for him.