SpendingNigeria’s recovered loot has increased by at least N6.66 billion. The amount is part of the N23.3 billion ($115 million) election campaign bribe allegedly distributed by former Minister of Petroleum Resources, Deziani Alison-Madueke, through Fidelity Bank.
While the chief executives of Sterling Bank and Access Bank reportedly refunded N5 billion and $5 million (N1 billion) respectively, the Economic and Financial Crimes Commission (EFCC) has recovered N17 million from former Secretary to the Government of Bauchi State, Alhaji Ahmed Ibrahim Dandija, and two others from the state.
It also reportedly recovered N49 million from Fidelity Bank. The amount is said to be the profit the bank made for helping Alison-Madueke to share the $115 million to designated people in the country. The aggregate of these recovered funds is N6.66 billion while N16.64billion is yet to be recovered.
The $115 million which was allegedly used to bribe Independent National Electoral commission (INEC) officials as well as the then ruling Peoples Democratic Party (PDP) members nationwide, was given to Fidelity Bank by the former minister, who is currently being investigated in the United Kingdom on money laundering and corruption charges.
She was said to have sourced $88 million from some oil companies while she contributed N26 million. She was said to have used four companies to deposit the money into the bank, with the mandate that the bank distributes it nationwide.So far, N6.66 billion of the fund has been recovered while the EFCC continues investigation to recover the remaining fund.
Meanwhile, the Senate yesterday uncovered N447.42 billion fraud committed by past administration on import duty waivers, concessions and grants by different Ministries, Departments and Agencies (MDAs) of government from 2011 to 2015.
Presenting the report, Chairman, Senate Adhoc Committee on Import Duty Waivers, Concessions and Grants, Senator Adamu Aliero (APC, Kebbi Central) said the report was a follow-up to a motion moved on the floor of the Senate in January this year. The Senate had subsequently set up an adhoc committee to investigate the claims in the motion and report back to it within a specified time.
The EFCC said that it released suspended Director General of the Pension Transitional Arrangement Directorate (PTAD), Nelly Mayshak and former aide to ex-President Goodluck Jonathan, Warimopei Dudafa, yesterday.
Both were arrested around the same time in April for alleged corruption. While Mayshak was arrested on April 18 for alleged N2.5 billion fraud Dudafa who is connected with N10 billion funds from the Office of the National Security Adviser, Sambo Dasuki. He was arrested on April 19.
The commission revealed on Monday that former Secretary to Bauchi State Government, Alhaji Ahmed Ibrahim Dandija, and two others have refunded an aggregate of N17 million they allegedly received from the $115 million campaign fund.
Two other personalities who made refunds are former chairman of the PDP in Gombe State, Nuhu Poloma and the Zonal Coordinator of the party in Gombe, Taraba and Adamawa states, Bunu Mulima. While Dandija returned N10 million, Poloma and Mulima refunded N2 million and N5 million respectively.