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Wednesday, 24 August 2016

EFCC set to arraign former SGF over N100m Dasuki money

The Economic and Financial Crimes Commission (EFCC) is set to arraign a former Secretary to the Government of the Federation,Olu Falae.

Falae admitted receiving N100m from the former Peoples Democratic Party (PDP)chieftain, Tony Anenih.
The money is said to be part of the funds meant for the purchase of arms for soldiers waging war against Boko Haram.
Falae has been visiting the EFCC office in Lagos state, to shed more light on the money which he received from Anenih.
His spokesman, Alfa Mohammed said the former SGF is ill, and is sometimes grilled for eight hours without food.
According to Punch, the former SGF would be charged with “conspiracy to indirectly retain the sum of N100m, which he ought to have known formed part of the proceeds of an unlawful act to wit: stealing, thereby committing an offence contrary to Section 18(a) of the Money Laundering (Prohibition) (Amendment) Act, 2012, and punishable under Section 15(3) and 4 of the same Act.”
An EFCC source also revealed that “Chief Falae has been reporting to our office every week to answer questions on the N100m he received from the Jonathan campaign organisation. We have told him to refund the money.
“But he said he received the money through Anenih and it was meant for campaign. However, investigations revealed that he deposited N60m into SDP’s account while he kept N40m.
“We told him that he should return the N40m, but he has not been forthcoming. We have no other option but to charge him to court.”


Source: Pulse news

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