Fani Kayode finally enters President Buhari’s trap

The Economic and Financial Crimes Commission (EFCC) arrested former Governor of Imo State, Achike Udenwa, for an alleged fraud involving 2015 presidential elections.

The EFCC traced huge withdrawals from CBN to the tune of N4billion. From this amount, 2.5 billion was further distributed to certain chieftains of the People’s Democratic Party (PDP), including Udenwa and fani Kayode and Goodluck Support Group (GSG).

As at the time of filing this report, Achike is still being grilled by EFCC operatives. Achike Udenwa was arrested in Enugu State and immediately flown to Lagos for interrogations. Recall that EFCC began with former minister of Finance, Mrs. Nenadi Usman who has reportedly returned her share of the loot.

Read also: PDP Governors battle over Modu Sheriff in the open

Details following how the monies was shared is this: Fani-Kayode got N840million; Nenadi Usman got N140million; Achike Udenwa and Viola Onwuliri got N350 million; Olu Falae got N100m; Okey Ezenwa got N100million and Goodluck Support Group got N320million.

Nenadi Usman was granted bail on the grounds of poor health condition. She has refunded N140 million with an added punishment of relinquishing two houses to the federal government.

An EFFC source disclosed that “As part of the ongoing probe of the N2.5billion illegally collected from the CBN for campaign purpose, our operatives have arrested a former Governor of Imo State, Achike Udenwa. He was picked up in Enugu but now detained in Lagos for grilling.

“He is expected to explain how he came about N350million with a former Minister of Foreign Affairs, Prof. Viola Onwuliri. Besides getting the list of beneficiaries of the N350million, we are interested in how he will refund the cash, which was illegally taken from the CBN.”

“All attempts by our operatives to locate the whereabouts of Mr. Fani-Kayode have failed because he has not only switched off his phones, he has virtually gone underground. We will fish him out wherever he is. Having been watch-listed by the EFCC. He cannot hide for long.”

EFCC rates Fani Kayode as the “Chief beneficiary” of the loot. The funds were wired into his Zenith Bank, account with No.1004735721, Maitama branch.