Economic and Financial Crimes Commission, EFCC, has traced a whooping sum of N41billion into the accounts of former Minister of Finance, Senator Nemadi Usman, former Minister of Aviation, Femi Fani-Kayode, and former Federal permanent Secretary, Mr. Clement IIoh.
Part of the loot is allegedly traced to Chief Olu Falae and Chief Tony Anenih, former BOT chairman of the Peoples Democratic Party, PDP, as public funds that were allegedly diverted as 2015 presidential campaign funds.
A highly placed source at the EFCC yesterday told Nigerian Pilot that following the arrest of the director of Finance of the Goodluck
Jonathan Campaign Organisation, Senator Nenadi Usman, for allegedly receiving N2.5billion from the Central Bank of Nigeria, she has allegedly revealed so much information that indicted Fani-Kayode and others in the transaction.
The source further added that a letter of invitation had already been signed and despatched to Chiefs Anenih, Fani-Kayode and Falae to appear before the operatives of the EFCC for interactions.
Usman, had been under investigation by EFCC for several weeks, but travelled out of the country on March 13, 2016, which stalled investigations.
Nigerian Pilot gathered that N4billion was transferred from 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
From the mysterious account, N2.5billion was said to have been transferred to the company account of Usman while N140million 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.
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.”
Meanwhile, the EFCC has also traced N316million to the company account of the Permanent Secretary, Federal Ministry of Labour and Productivity, Mr. Clement Iloh.
Nigerian Pilot gathered that Iloh is 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.
An EFCC source in the anti-graft agency told Nigerian Pilot that the N316million 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 since Wednesday last week till date.
The detective said N14.1million was traced to Iloh’s bank account, Clement, Bob and Associates from NIMASA.

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