EFCC picks up ex-finance minister over alleged N2.5bn scam

Operatives of the EFCC have taken a former Minister of Finance, Mrs Nenadi Usman into custody for allegedly collecting N2.5 billion from about N4 billion naira that was released by the CBN in the heat of the 2015 general elections.

Usman who was also the Director of Finance of the Peoples Democratic Party Presidential Campaign was said to have received the money on the directive of the former National Security Adviser, Sambo Dasuki.

According to EFCC sources, she is being quizzed for what the agency described as serial acts of corruption.

Read also: CCT chair, Umar innocent of N10m bribe allegation, EFCC says

It was gathered, that various sums of money were allegedly paid into her account during her tenure as senator.

A former Permanent Secretary in the Ministry of Labour, Mr. Clement Iloh was also arrested by the EFCC for obtaining a questionable N316 million from public account.

The EFCC reportedly traced N316 million to his Zenith Bank account, and it was discovered that N14.1 million was paid to Clement & Bob Associates, a company in which Dr. Illoh is the sole signatory.

Another sum of N49 million and N13 million were also paid into Clement & Bob Associates account   from the now defunct Subsidy Reinvestment Programme, SURE –P.

 

 

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