Thursday, May 26, 2016

N23bn Election Fund: How N900m Was Shared In Gombe, Adamawa

The Economic and Financial Crimes Commission (EFCC) has intensified its investigation of all gravy funds with aim of recovering as much from the beneficiaries.

The funds came from N23billion Allison Madueke set up for the presidential election of 2015.

According to an EFCC source, Senator Sa’idu Umar Kumo of Gombe State, who was the former national secretary of the All Nigerian peoples Party, (ANPP) signed and collected four hundred and fifty million naira (N450M), campaign fund for the re-election of the former president Goodluck Jonathan.

He admitted that out of the said amount he benefited only two million (N2m), which he promised to pay back.

Chief Joel Madaki, the current Chairman, Peoples Democratic party, (PDP) in Adamawa State and Ambassador Hassan Adamu (Wakili Adamawa) signed and collected the same four hundred and fifty million (N450M) campaign fund for the re-election of the former president Goodluck Jonathan, for Adamawa State, all the transactions were with Fidelity Bank.

Madaki in his statement EFCC, admitted that out of the said amount, it was only five million naira (5m) that passed through his office, which he promised to pay back.

Also, the former acting Governor of Taraba State, Senator Sani Danladi Abubakar, who is the Senator representing Taraba North senatorial District in the National Assembly, was the chair of the sharing committee of four hundred and fifty million (N450M) campaign slush fund for the re-election of ex-president Goodluck Jonathan.

Other members were the former minister of Labour and productivity, Senator Joel Ikenya Danlami and former speaker of the State legislature, Mark Bako Useni.

Investigation by the EFCC, also revealed the role played by the trio in the collection and sharing of the fund.

It also showed that Ikenya and Useni signed and collected the fund from Fidelity Bank on behalf of the State before proceeding to the government House to distribute the fund.

When interrogated, the duo claimed they distributed the money to the sixteen local government areas of the State.

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