Sunday, 17 July 2016

PRESIDENT BUHARI MOVES TO DETAIN CHIEF OLU FALAE

Olu Falae

The Economic and Financial Crimes Commission cross-examined Chief Olu Falae, a former Secretary to the Government of the Federation, on the role he was alleged to have played in the $15bn arms scam.

The cross-examination of Chief Falae came as a result of his admittance of the receipt of N100m from a former Chairman of the Board of Trustees of the Peoples Democratic Party during the 2015 presidential election.

According to report, the money was given to Falae’s SDP to endorse former President Goodluck Jonathan.

But a source revealed that the money came from the imprest account of the Office of the National Security Adviser, under Con. Sambo Sasuki (retd).

According to report, the money received by Falae was part of the N3.145bn wired from the ONSA’s account to the bank account of Joint Trust Dimension Limited, which according to investigation owned by the Director of Finance of the Goodluck Jonathan Campaign Organisation, Senator Nenadi Usman.

Usman was said to have made the transfer in accordance with Anenih’s instruction into a UBA account titled Marecco Nigeria Limited with account number 1000627022 owned by Falae.

Femi Fani-Kayode, Achike Udenwa, and Viola Onwuliri also received their own share of the money as reported.



According to one of the investigators, Falae was cross-examined for several hours and released on the condition that whenever he is needed, he will turn in.

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