N4b Campaign Cash: EFCC Freezes Fani-Kayode’s Account

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Ardent Reader, News Freak, Socio-Political Commentator, Archaeologist & Pro-Democrat.

Femi Fani-kayodeThe Economic and Financial Crimes Commission (EFCC) has frozen an account operated by former Minister of Aviation and Peoples Democratic Party chieftain, Femi Fani-Kayode.
The account was frozen by the anti-graft agency, which is presently investigating the alleged N4 billion campaign cash splashed by ex-President Goodluck Jonathan in the build-up to the 2015 general elections.
The funds were allegedly withdrawn from the Central Bank of Nigeria (CBN) and shared to 10 other directors, directorates, zonal directors and state directors of the PDP Presidential Campaign Organization.
Details of the largesse sharing are as follows: Fani-Kayode (N840million); Goodluck Support Group (N320million); Achike Udenwa and Viola Onwuliri (N350million); Nenadi Usman (N140million); and Okey Ezenwa (N100million).
Fani-Kayode, who was in charge of the PDPPCO media directorate, declared yesterday that he knew nothing about the withdrawal of the cash from the CBN or funding of the PDP presidential campaign by the former National Security Adviser, Sambo Dasuki.
He, however, admitted that campaign funds were paid into the account of a company linked with a former Minister of Finance and Director of Finance of the PDPPCO, Mrs. Nenadi Usman, from where it was shared to him and others.
Mrs. Usman, a former senator, is reportedly cooling her heels at the EFCC headquarters in Abuja as investigation reaches advanced stage over her role in the N4 billion cash bazaar.
But Mr. Fani-Kayode has dared the anti-graft agency to “do their worse” in a statement in Abuja entitled “The Money Transfers and the Truth about the Presidential Campaign Funds”.
The Nation reports that beneficiaries of the campaign funds may be arrested for questioning by the anti-graft agency.

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