Thursday, May 5, 2016

EFCC visits Sterling Bank, grills Udenwa over campaign funds

The operatives of the Economic and Financial Crimes Commission on Wednesday stormed the headquarters of Sterling Bank Plc in Lagos for an undisclosed investigation.

One of our correspondents gathered that the operatives of the anti-graft agency quizzed the Managing Director of the bank, Mr. Yemi Adeola, for over two hours, but the details were not disclosed.
 When contacted on the development, officials of the bank refused to confirm or deny the visit by the EFCC operatives.
As of 9pm on Wednesday, the anti-graft agency had yet to give any explanation for its action.
Meanwhile, the EFCC has interrogated a former Governor of Imo State, Achike Udenwa, for allegedly receiving N350m from the Director of Finance, Goodluck Jonathan Campaign Organisation, Senator Nenadi Usman.
The money was said to have emanated from the account of the Central Bank of Nigeria.
About N4bn was deposited into the account of Usman who then disbursed the money to several politicians during the build-up to the 2015 presidential election.
According to sources at the EFCC, both Udenwa and a former Minister of State Foreign Affairs, Viola Onwuliri, got N350m in two tranches.
http://www.punchng.com/efcc-visits-sterling-bank-grills-udenwa-campaign-funds/

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