Diezani: EFCC uncovers additional $72.87m in Fidelity Bank


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The Economic and Financial Crimes Commission (EFCC) said it has uncovered an additional $72.87 million linked to former petroleum minister Diezani Allison-Madueke.

Mr Wilson Uwujaren, the spokesperson for the commission, said on Wednesday in Abuja that a former Managing Director of Fidelity Bank Plc, Mr Nnamdi Okonkwo, has been arrested in connection with the money.

Uwujaren, who said that the money was lodged in the coffers of the bank, added that Okonkwo’s arrest was part of ongoing investigations on the former minister.

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According to him, Okonkwo, who is currently the Chairman of First Bank Holding, alongside others, had earlier been grilled over $153 million and $115 million by the commission.

“While all the $153 million were recovered by the EFCC, the cases involving $115 million, as it relates with the Independent National Electoral Commission (INEC) bribery matter, are in various courts.

“Okonkwo and Charles Onyedibe are currently being detained by the EFCC over the whereabout of the new $72.87 million,” he added.


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  1. Toks says

    My understanding is that the former petroleum minister lodged these huge amounts ($153 billion, $115 and now $73 billion) in order to bribe INEC officials and thereby influence the elections in 2015.
    Is it plausible that this was without the knowledge of then president Jonathan?why is he not being questioned or indicted?
    Just wondering aloud.
    Or am I missing something?

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