The Director, Media and Publicity of the Peoples Democratic Party Presidential Campaign Organization, PDPPCO, Femi Fani-Kayode, has been granted administrative bail by the Economic and Financial Crimes Commission (EFCC).
He got bail following his questioning on Monday over the N2.5billion illegally withdrawn from the Central Bank of Nigeria (CBN) and paid into the accounts of six chieftains of the Peoples Democratic Party (PDP) and the Goodluck Support Group (GSG).
Mr. Fani-Kayode got about N840 million from the slush funds allegedly used for the 2015 presidential campaign.
He denied any wrongdoing, saying the cash went into the campaign and he accounted for it all.
The former Minister of Aviation, who arrived at the EFCC headquarters in Abuja at about 9.30am in company of some aides, was taken into custody for questioning at the Operation Unit in the Tunde Idiagbon wing of the commission.
A source, who spoke in confidence, said Fani-Kayode gave information on his antecedents and how he came about the N840million.
“After the preliminary interaction with the suspect, he was given an administrative bail. But he is yet to fulfill the required conditions”, said the source.
Responding to a question, the source added: “I think Fani-Kayode might be transferred subsequently to Lagos to join his colleagues who have been interrogated by our team.
“He was granted an administrative bail but he has not been able to meet the conditions. We are hopeful that he will get the required sureties”.
A breakdown of the N2.5 billion shows that Fani-Kayode got N840million; Goodluck Support Group – N320million; Achike Udenwa and Viola Onwuliri – N350million; Nenadi Usman – N140million; Olu Falae – N100m; Okey Ezenwa – N100million and Goodluck Support Group – N320 million.
Of the six people implicated in the scandal, three former public office holders have been questioned. They are Mrs Usman, a former Minister of Finance; Udenwa, a former governor, and Fani-Kayode, a former Aviation Minister.
EFCC detectives allegedly found that the N840million was paid in three tranches into Fani-Kayode’s account.
A source said: “The first tranche of payment involving N350million hit the account on February 19, 2015. Another N250milion was also paid into the account on February19, 2015 while N240million was similarly credited to the account a month later; precisely, March 19, 2015.
“The balance on this account as at 31st December, 2015 was N189, 402.72”.
Fani-Kayode’s account remains frozen by the EFCC.



http://www.informationng.com/2016/05/n840m-campaign-fund-efcc-grants-fani-kayode-administrative-bail.html

Who sponsored Buhari? Nigerians are wiser now. Bunch of scammers. Anyways their years are numbered.
We will kick them all out. Imagine them fixing their wards in CBN and advicing us to be masquerede dressers.
Our vote our power!!!!

I was first to comment. Please do the needful.

CC: Lalasticlala

EFCC = Toothless bulldog

This administration is a joke. How was the Campaign fund for Sai bubu generated? Public donation? Or voluntary services? Or donation from public funds?
It's a shame, what was amaechi, tinubu, fayemi, obasanjo's networth before taking political positions?
Too many questions with obvious answers.
Since GEJ lost, his supports and financiers are now clearly fraudulent and thieves while Sai bubu financiers are in safe haven with halo on their heads.

Fani Fani!! How is kayode?

SMH, see them, children of hate

mountlarry:
This administration is a joke. How was the Campaign fund for Sai bubu generated? Public donation? Or voluntary services? Or donation from public funds?
It's a shame, what was amaechi, tinubu, fayemi, obasanjo's networth before taking political positions?
Too many questions with obvious answers.
Since GEJ lost, his supports and financiers are now clearly fraudulent and thieves while Sai bubu financiers are in safe haven with halo on their heads.

bendutch:
Who sponsored Buhari? Nigerians are wiser now. Bunch of scammers.

seumma:


So you are one of those who encourage politics of intimidation

kingdompropty:
Good. I thought some children of wickedness wished him to die there.

Buhari is not God to some of us. He maybe one to some of you ,it remains your choice. We say it without any fear or favour. M. Buhari is a flop to himself and his party.

seumma:


So you are one of those who encourage politics of intimidation

rapistbuhari:
Buhari will die a shameful death amin

deeway200:
Am sure we have lot of illiterate in here. Can u give bail to someone being invited? I don't give give a damn ABOUT FFK.But thus is purely an harassment and not any struggle against corruption

"Some People are ready to support a dog, as long as the dog is barking in Buhari's direction"


"Eyinwa Okechukwu Eyinwa" May 2016

They just want to silent the nigga ..... #thatsall

Kayode sir,n nobody can battle with the lord.
Ask Lucifer if u re in doubt..

FFK is a shameless dog who barks at will, chain him down " EFCC treatment" and he would be calmed and reserved like graveyard.
OBJ~1945


Ask Olisha Metuh.

bendutch:
Who sponsored Buhari? Nigerians are wiser now. Bunch of scammers.

was buhari in govt during the presidential campaign ?
Why didn't jona investigated him ?

Or why has wike not started with amaechi ?
OZUO!

Eyah...

mtshwwwwww

He will soon b arrested

Let Justice prevail dat's all

hope he will serve his term

Who can battle with the lord(x2) Smh for FFK

Grant and also release if conditions are met then meet in court

Canme4u:
FFK is a shameless dog who barks at will, chain him down " EFCC treatment" and he would be calmed and reserved like graveyard.
OBJ~1945

So you are one of those who encourage politics of intimidation

mountlarry:
This administration is a joke. How was the Campaign fund for Sai bubu generated? Public donation? Or voluntary services? Or donation from public funds?
It's a shame, what was amaechi, tinubu, fayemi, obasanjo's networth before taking political positions?
Too many questions with obvious answers.
Since GEJ lost, his supports and financiers are now clearly fraudulent and thieves while Sai bubu financiers are in safe haven with halo on their heads.

Buhari campaign funds did not come from government money like that of Jonathan. Instead, Buhari's campaign funds came from money rituals. Yeahhh, you heard me right, money rituals. So, it was not government money.

Good. I thought some children of wickedness wished him to die there.

Buhari is not God to some of us. He maybe one to some of you ,it remains your choice. We say it without any fear or favour. M. Buhari is a flop to himself and his party.

Canme4u:
FFK is a shameless dog who barks at will, chain him down " EFCC treatment" and he would be calmed and reserved like graveyard.
OBJ~1945

Sure, u re the bone he barks at..

Okpukpu Agidi..

PDP is very lucrative.
Balance in account December 2014: 190,000
Balance as at March 2015: 840 million.

Nigerians don suffer. And FFK has the guts to address Nigerians on twitter and facebook?

Buhari will die a shameful death amin

Wetin hapun Na? Administrative baik, so soon? We thought you people will keep him indefinitely as usual Na.

okay

olapluto:
PDP is very lucrative.
Balance in account December 2014: 190,000
Balance as at March 2015: 840 million.

Nigerians don suffer. And FFK has the guts to address Nigerians on twitter and facebook?

Did u use BODMAS to get that balance

Ovuru Eke.

If you really think Ffk is corrupt what do we call Tinubu.A saint?Hypocrisy is when you call Tinubu a saint FFK a corrupt man.Hypocrisy is when you call the Niger delta militant terrorist, and the Fulani killer terrorist, saints.Finally Hypocrisy is when a yoruba man stands in support of the Fulani politically and complain about fulani herdsmen attack.Ffk is less corrupt than this three APC saints combine Tinubu,Amaechi and Atiku(This are the most corrupt new generation nigeria's politicians).Shame on APC leaders and supporters.Thanks.

No b lie..... Se na baba Buhari b EFCC nw! Wen dy go trail Rotimi & co. End time govt.

Am sure we have lot of illiterate in here. Can u give bail to someone being invited? I don't give give a damn ABOUT FFK.But thus is purely an harassment and not any struggle against corruption