Eniola Akinkuotu
THE Economic and Financial Crimes Commission has arrested the Director of Finance of the Goodluck Jonathan Campaign Organisation, Senator Nenadi Usman, for allegedly receiving N2.5bn from the Central Bank of Nigeria.
A top official of the EFCC, who confided in The PUNCH, said the former minister was arrested on Thursday in Abuja.
All funds that came from the Presidency during the campaign were believed to have come through Usman.
Usman, who is also a former Minister of State for Finance, had been on the radar of the EFCC for several weeks but she travelled out of the country on March 13, 2016 thereby stalling investigations.
According to impeccable sources at the anti-graft agency, N4bn was transferred from the account of the CBN into a mysterious account known as the Ministry of External Affairs Library.
The mysterious account was believed to be a conduit put in place by the Office of the National Security Adviser on the instructions of the Presidency.
From the mysterious account, N2.5bn was said to have been transferred to the company account of Usman while N140m cash was allegedly paid into her Zenith Bank account with number, 1000158311, domiciled in 7 Kachia Road, Kaduna.
The said transfer was said to have taken place in January 2015, during the build-up to the last presidential election.

The PUNCH had reported in March that Usman, on the instructions of a former Chairman of the Peoples Democratic Party Board of Trustees, Chief Tony Anenih, transferred different sums of money to several individuals and interest groups during the build-up to the last general elections.
Usman allegedly transferred money to several persons through the bank account of a company, Joint Trust Dimension Nigeria Limited.
Through the said account, the Director of Publicity of the Jonathan Campaign Organisation, Chief Femi Fani-Kayode, received N840m.

According to the documents sighted by our correspondent, the money was deposited into Fani-Kayode’s Zenith Bank account, Maitama branch with account number 1004735721 on February 19, 2015.
EFCC sources said a former Secretary to the Government of the Federation and the National Chairman of the Social Democratic Party, Chief Olu Falae, received N100m through a company, Marreco Limited, where he is chairman.

The fund was credited into the company’s United Bank for Africa Plc account number 1000627022.
About N320m was also paid into the bank account of the Goodluck Support Group, an association of over 100 pro-Jonathan groups headed by Jonathan’s Special Adviser on Political Affairs, Prof. Rufai Alkali.
However, many of the recipients of the money said they did not know that the funds emanated from the CBN as they were told by Usman that they were sourced privately.
A detective at the EFCC described Usman’s arrest as a breakthrough, adding that she would be able to shed more light on the controversy.

He said, “A lot of people who received money during the campaign claimed to have received money from Nenadi Usman. Since she was in charge of funds, she will be able to list the names of those who collected money and if the money was approved by Jonathan.
“There is no part of the constitution which gives the CBN the right to fund a political party. Usman must therefore tell us why the CBN gave her money.”
It was gathered that the former Finance Minister was being interrogated at the EFCC headquarters as of the time of filing this report.

Meanwhile, the EFCC has also traced N316m to the company account of the Permanent Secretary, Federal Ministry of Labour and Productivity, Mr. Clement Iloh.

Our correspondent learnt that Iloh was currently in the EFCC custody as part of investigations into the fraud at the Nigerian Maritime Administration and Safety Agency under the leadership of the immediate past Director-General of the agency, Mr. Patrick Akpobolokemi.

A reliable source in the anti-graft agency told our correspondent that the N316m was traced to Iloh’s company account domiciled in Zenith Bank in contravention of Civil Service Rules.

The Civil Service Rules Part I, Fifth Schedule, Section 2 (b) of the 1999 Constitution of the Federal Republic of Nigeria provides that, “A public officer shall not, except where he is not employed on a full-time basis, engage or participate in the management or running of any private business, profession or trade, but nothing shall prevent a public officer from engaging in farming.”

The source, who did not want his name in print, said the permanent secretary was undergoing interrogation at the Lagos office of the EFCC as of Wednesday.

The detective said N14.1m was traced to Iloh’s bank account from NIMASA.
He said, “In the course of investigating the Technical Committee for Ratification of MLC of NIMASA, we traced about N14.1m from NIMASA’s account to a company account belonging to Clement, Bob and Associates domiciled in Zenith Bank. Upon investigations, we found out that the account belonged to the Permanent Secretary at the Ministry of Labour and Productivity, Dr. Clement Iloh, who is the sole signatory.

He is being investigated because we traced N316m to a company belonging to him.
“The name of the company is Clement, Bob and Associates. Investigations revealed that Iloh is a signatory to the account which is domiciled in Zenith Bank.”

It was learnt that although NIMASA is not under the supervision of the Ministry of Labour and Productivity, the ministry is concerned with relations between workers and employers.

Last year, Iloh as the permanent secretary headed the ministry for several months in the absence of a minister, overseeing labour matters at NIMASA.
The source stated that the EFCC traced some money from what he called ‘maritime lab



http://www.punchng.com/n2-5bn-fraud-efcc-arrests-jonathans-campaign-director-nenadi-usman/

Another distraction

Are we still on this matter??



Mtchwwwww

It will surely get to the boss. It may take long but the blood of the innocent condemned to death will get justice. To some people who are at the comfort of their home, it is witchhunting but if you lost business or someone to the insusgency you will have sense to make real comment about it

But where is lalasticlala sef ...day don break ohhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

- "N4bn was transferred from the account of the CBN into a mysterious account known as the Ministry of External Affairs Library.
- "....conduit put in place by the Office of the National Security Adviser on the instructions of the Presidency."
- "......while N140m cash was allegedly paid into her (Usman's) Zenith Bank account with number, 1000158311
- "Director of Publicity of the Jonathan Campaign Organisation, Chief Femi Fani-Kayode, received N840m."
- "...the N316m was traced to Iloh’s company account domiciled in Zenith Bank in contravention of Civil Service Rules."

Civil Service rule and farming sef....

"“A public officer shall not, except where he is not employed on a full-time basis, engage or participate in the management or running of any private business, profession or trade, but nothing shall prevent a public officer from engaging in farming."

From what I am reading on this paper here, they (PDP) wanted to suck the treasury dry. EFCC should just start doing the needful

Lolz....these EFCC and there master has bn chasing shadow since may 29th,they should wake up and face reality Nigerians are tired of there gimmicks

Why is baba's EFCC witch-hunting these people na? What have they done to deserve this? The burukutu-sipping bastard kunu drinking dul..lard should leave them alone joor.

The above is in the voice of those foolish wailers who see anything Baba does as a witch-hunt.

Ooops! I just remembered Baba likes everything 'North'. He's dealing with this woman because she's not from Kaduna North. Baba is sentimental, tribalistic, bad and compromised!

The opposition members should cry me a river. The anti-graft war has come to stay.

God bless PMB/PYO!
God bless the witch-hunters!!

I just like the sound of this woman's name; Nenadi Usman. On the topic, no goat eats our yam and goes scot free!

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youngeagle:
Lolz....these EFCC and there master has bn chasing shadow since may 29th,they should wake up and face reality Nigerians are tired of there gimmicks

[/s]

A wailer who has probably not eaten this morning due to the hardship inflicted on him by these crooks spotted!

donphilopus:
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A wailer who has probably not eaten this morning due to the hardship inflicted on him by these crooks spotted!

thanks

TANTUMERGO007:
Another distraction

A whole 2.5 billion naira fraud is what you call distraction, if you have such money, you will probably be in Bahamas or Trinidad and Tobago fvcking mixed raced biitches. Bode George said he collected some millions, Peter Odili said he collected only 100 million, Jim Nwobodo said he collected just 100 million, Olu Fale said he collected only 100 million, Olisa Metuh said Jonathan ordered that he (Metuh) be given few hundreds of millions, Yakassai Tanko said he collected just few hundreds of millions on behalf of Northern Elders, Bafarawa said he collected just 4.3 billion for spiritual purposes, ex-Air Force Chief Amodu returned 2.3 billion while his wife buried one million dollars in a pit. Yet you fools said it is propaganda.

Now tell me, all these people that admitted that they collected several millions and billions from the ATM-Dasuki, are you saying that they are all lying against themselves or are you saying that they are all mad and saying rubbish? The ex-Air Force Chief that returned 2.3 billion from his loot, are you saying that it is his grandmother that gave him the money from her savings with the thrift collector so that he can borrow Nigeria the money? What about the world bank fraudster called Okonjo Iwealla that said that Jonathan signed papers for her to release money to ATM-Dasuku? Is Okonjo-Iwealla also dumb? Or are you just mad, stupid or blind and deaf?

It was a corruption and Looting Bazaar during the GEJ years of misrule..

TANTUMERGO007:
Another distraction

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hot dish for them zombies...come chop o. biko, am I the only one tired of efcc and arrest stories?

Drill him well please

Rubbish ... This Government is more ^corrupt with their chant of _change, if I tell you the kind of nepotism going on in this government , you would prefer to dine and wine with devil you already know... Anyway he no concern me, make I face front

ahhhh! It has started.....

All is well

APC na wash

How did PMB fund his election No one wants to find out, not even EFCC and the Magu Mugu! Amaechi is comfortably working free after looting Rivers to sponsor PMB! Time is a revealer of all secrets!

#wearewatchingin5D

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jmichlins:
It will surely get to the boss. It may take long but the blood of the innocent condemned to death will get justice. To some people who are at the comfort of their home, it is witchhunting but if you lost business or someone to the insusgency you will have sense to make real comment about it

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And how will this news put smile on the faces of agatu people, when the so called herdsmen that killed their loved ones are free? Or you thinks people there have not also lost their businesses?

Always opposition

Ok

Ameachi, tinubu and co should also be rounded up by Efcc to explain their source of campaign funds. It's on record that ameachi distributed 2 million naira per delegates from across the federation.

Can you defend this accusation in court? Or are you using it to distract the distracted?

i'm tired of hearing and reading this arrest bullcrap. I need something more pleasant to the ears, sexier to the eyes which is jail term. Surely, i'm talking about minimum of 50 years without bail option.

If you are in support of this hit the like button

May 29 loading...

jmichlins:
It will surely get to the boss. It may take long but the blood of the innocent condemned to death will get justice. To some people who are at the comfort of their home, it is witchhunting but if you lost business or someone to the insusgency you will have sense to make real comment about it

Is insurgency ...it will surely get to who?, dem born Buhari well to arrest GEJ .

Of all the people he has arrested who has actually paid for his/her crime?.

Nonsense!.

I'll appreciate if EFCC stop telling us all these investigation and arrest stories. Immediately they jail them or collect our money back we'll listen to their news.

Waiting to hear the lullaby titled witch-hunting!

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