Monday, May 9, 2016

Fani-Kayode Appears Before EFCC Today Over N840m Campaign Funds

After many weeks of verbal exchange, the Economic and Financial Crimes Commission, EFCC, will today confront the spokesman of former President, Dr. Goodluck Jonathan’s Campaign Organisation, Mr. Femi Fani-Kayode, over N840 million he reportedly received a few days to the presidential election.
Fani-Kayode, who narrowly escaped arrest last Friday when about 10 EFCC operatives stormed his Maitama home in Abuja, is scheduled to appear before the commission today to explain why he collected the cash and what it was used for. The former minister immediately raised the alarm that the agents of the commission had invaded his home and condemned them for doing so after he had given assurance that he would turn in.

The commission is, however, said to be monitoring his movement to ensure that he kept the appointment. It was not clear at press time if he would be allowed to go home after reporting at the commission for questioning over the money he reportedly received from the former finance minister, Sen. Esther Nenadi Usman, who served as the Director of Finance of the Jonathan’s campaign team.
Usman, who had been detained for some days, only got some reprieve some days ago when she surrendered to the commission two Abuja homes and N140 million out of the N2.5 billion she is said to have received. It was, however, learned last night that as part of the effort by EFCC to recover $115 million (N24 billion) that was made available for sharing by top government officials in the last administration, the EFCC would, this week, make more arrests of suspects for questioning.

However, a source, who spoke in confidence, declined to give the names of the key suspects likely to be taken in this week by the operatives, saying the agency was interested in recovering public funds from the suspects, no matter how highly placed they might be.

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