Thursday, April 28, 2016 4:45 am
The Economic and Financial Crimes Commission has arrested the managing director of Fidelity Bank , Mr Nnamdi Okonkwo in connection with the $115 million slush fund routed through the bank by former Petroleum Resources Minister Mrs. Diezani Alison-Madueke to buy votes for Goodluck Jonathan.
Also detained is the Fidelity Bank’s head of operation, Martin Izuogbe.
The $115million was contributed by several oil companies, including Diezani directly handing over $25million, all converted into N23. 3 billion to buy INEC officials to rig the 2015 election for Jonathan.
The arrest of the former resident electoral commissioner for Rivers state, Gesila Khan unlocked the gate to the scandal, which has also led the EFCC launch a manhunt for Ugonna Madueke, the former minister’s son.
Also under probe are the four companies which made up the $115million slush fund. They are Northern Belt Gas Company Limited; Auctus Integrated; Midwestern Oil and Gas; and Lenoil, owned by Laitan Adesanya.
*Read more at TheNation
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