News
Former PDP Chair Sheriff agrees to refund N40M after EFCC grill
Former Peoples Democratic Party (PDP) Chairman, Ali Modu Sheriff, has agreed to refund N40 million to the Economic and Financial Crimes Commission (EFCC) after being invited by the agency, reports say.
The money is believed to have been Sheriff’s share of N24.29 billion allegedly distributed by former petroleum minister, Diezani Alison-Madueke to secure a re-election for ex-president, Goodluck Jonathan in 2015.
ALSO SEE: $115m election slush fund: EFCC clamps down on banks, Deziani
“Based on previous interactions with some leaders of the PDP in Borno State, we isolated issues for him and asked him to respond to the allegation that he benefited from the N450million allocated to the state by Diezani as campaign funds,” a source told The Nation.
“One of the issues was the N40million traced to him through Hon. Kumalia for security. Sheriff admitted receiving the cash and made a firm commitment to return it as soon as possible. Based on Sheriff’s pledge, he was granted an administrative bail,” he added.
Meanwhile, Diezani has denied reports that she stole money from Nigeria.
Source: Pulse
-
Featured6 days agoRanking the seven greatest World Cup finals of all time
-
Business7 days agoOPay breaks silence on viral September shutdown claim
-
Latest7 days agoTinubu’s FBI records: Omokri challenges claims, cites 2003 Embassy reply
-
Business5 days agoX3M Ideas donates 50 Walkie-Talkies to strengthen security operations in Onigbongbo
-
Latest6 days ago2027: Atiku vows direct payment of local government funds if elected president
-
Latest6 days ago2027: Atiku, Obi absent as opposition begins talks on single presidential candidate
-
Latest2 days agoCole-Alegbe unveils memoir, urges leaders to harness technology for lasting impact
-
Latest7 days agoAnambra 2027: INEC, NDC clash over 10 disputed Assembly candidates