Peter Obi
A source at the Economic and Financial Crimes Commission (EFCC) told saharareporters that the commission has scooped more than $88 million in hidden account controlled by the Managing Director and Chief Executive Officer (CEO) of Sterling Bank of Nigeria, Yemi Adeola.
The source said the money was wired to Mr. Adeola from Fidelity Bank. Recall that Fedelity Bank just replaced its managing director, Nnamdi Okonkwo, who is currently helping the EFCC as it digs into the election bribe money released by former petroleum minister, Deziani Alison-Madueke.
The $88 million found at Sterling Bank is not part of the $115m given to Fidelity Bank by the ex-oil minister. The money was used to bribe officials of the Independent National Electoral Commission (INEC) to rig the 2015 presidential election in favour of ex-President Goodluck Jonathan.
According to the source, Mr. Adeola kept the $88m as an “off-record” transaction. He has been arrested yesterday and he now in EFCC custody.
Also the EFCC is pondering over charging some staff of Sterling Bank and former Governor of Anambra State, Peter Obi over the matter. It is believed that Obi was the person who arranged the lodgement of the slush funds at Fidelity Bank.
cpcnews.org 