EFCC Drags In Another Big Fish Over N840m Campaign Funds. Guess Who?


The Economic and Financial Crime Commission (EFCC) persisted in their demand of N840 million received by former Minister of Aviation, Femi Fani-Kayode for the prosecution of the 2015 Presidential election.

Following official invitation from the EFCC on Friday, Mr. Fani-Kayode reported to the agency’s headquarters in Abuja on Monday in a police convoy, to give accounts of such huge amount.

Kayode who was the Spokesman for the Goodluck Jonathan Campaign Organisation, told EFCC that he received the money to carry out specific assignments given to him by the former president, but the agency ask him to provide the money or nothing else.

The former minister, when confronted with evidence of how he collected the money drawn from the Central Bank of Nigeria, did not deny receiving the said amount.


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However, a source close to him argued that the money was properly utilised for the intended purpose, which contradicts any justifications the agency holds against Mr. Kayode.

The interrogation conducted the EFCC headquarters at Formella Street, Wuse 2, at 9:45 am – from whence the ex minister arrived – last until 9 pm Monday, May 10, and according to sources Kayode would be granted administrative bail on condition that he returns the money.

Some of the conditions already set for the proposed bail included producing two sureties who must be serving directors in the federal civil service and who must be landlords in Abuja.

Vanguard report said there was no indication at the time of filing the report that any of the conditions had been met. It was likely that the commission would keep the former minister in its custody for sometime, going by similar cases in recent time.

Other evidence produced by the agency also showed that former Minister of Finance, Senator Esther Nenadi Usman who received N2.5 billion out of N4 billion that was dispatched to them, had refunded N140 million, and surrendered two houses in Abuja, to secure her freedom.

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