Chief Olu Falae

Femi Adi, Kaduna

The Social Democratic Party, SDP on Sunday defended the one hundred million naira arms deal money given to its National Chairman , Chief Olu Falae, by former National Security Adviser , Colonel Sambo Dasuki, retired

In press statement signed by National Publicity Secretary of SDP, Alhaji Abdul Ahmed Isiaq and made available to our correspondent today in Kaduna , the party said its attention has been drawn to a story in the media that the National Chairman of Social Democratic Party , Chief Olu Falae collected N100 million from Colonel Sambo Dasuki Rtd, former NSA.

According to the statement, the SDP was approached by the PDP through its BOT Chairman, Chief Tony Anenih for electoral alliance for the re-election of the former president, Dr. Goodluck Ebele Jonathan.

It also stated that Chief Olu Falae, being the National Chairman of SDP, summoned the National Executive Committee of SDP to a well attended meeting to consider the PDP’s proposal of electoral alliance for the ‘re election bid of former President Jonathan since SDP did not field a presidential candidate of its own.

“The SDP NEC meeting debated the electoral alliance proposal thoroughly and finally gave overwhelming approval for the electoral alliance with PDP. The NEC further empowered Chief Olu Falae to communicate the readiness of SDP to work with the PDP for the victory of former President Jonathan. In addition, certain cardinal objective principles must be agreed upon such as zero tolerance for corruption and acceptance of the Confab report among others.

“That consequent upon this agreement, the PDP through Chief Tony Anenih contributed N100 million to the SDP/PDP electoral alliance project through Chief Olu Falae . The SDP spent well above N100 million for the execution of the project throughout the election period.” It explained .

It however posited that neither the SDP nor Chief Olu Falae was aware of Col. Dasuki’s Arms deal money through Chief Anenih, stressing that the SDP as well as many Nigerians were aware that the PDP had a fund raising event prior to the election where billions of Naira was donated.

It further said the SDP is also conscious of the fact that the PDP had ruled Nigeria for 16 years and it is expected that they are capable of funding their part of the electoral alliance.

It therefore emphasised that neither the SDP nor Chief Olu Falae has anything to do with the $2.1billion arms deal debacle.