The Economic and Financial Crimes Commission (EFCC) has unravelled the final destinations of N15billion, part of the N23.29billion allegedly given as bribe by former oil minister, Deziani Alison-Madueke to top officials of the Independent National Electoral Commission (INEC) for the rigging of the 2015 Elections in favour of PDP’s candidate, Goodluck Jonathan, The Nation has reported.
Also 14 directors of four oil firms suspected of funding the N23.29b election bribery scheme have been identified by EFCC. It was learnt that some former Ministers arrested in connection with the scandal were scampering for bail last night. They are: former Minister of State, Foreign Affairs, Dr Nurudeen Muhammad (N 500,000,000) and ex-Minister of Foreign Affairs in the last dispensation, Ambassador Aminu Bashir Wali (N 950,000,000).
Top EFCC sources said they have found that N15billion of the bribe was disbursed as follows: the Seven North-West states- N5,097,064,000; REC and five others- N681m to; Cross River PDP Chairman- N500m; INEC officials in Oyo and Ogun- N359m; Fidelity Bank- profit of N49.7m from the deal; two politicians from South-East- N700m.
A source said: “EFCC chairman Ibrahim Magu and his crack team have gone far in tracing more than N15billion of the N23.29billion which was shared to party leaders and INEC officials in the six geopolitical zones to influence election results and to stop APC from being declared as the winner of the 2015 presidential election.
“Some of the beneficiaries have started refunding the cash given to them. We have the list of all beneficiaries from Fidelity Bank. This is one of the reasons why we kept the MD of the bank and Head of Operations in custody. Our priority is to recover the bribe cash.
“By the time we get reports from all the geopolitical zones, we would have tracked down the bribe sum. Findings confirmed that the poll bribery cash was shared between February and April 2015 in a desperate and untidy manner.
“Our concern is not about any party but the use of proceeds from stolen oil to bribe INEC officials.”
The N23.29b ($115million) bribery fraud was allegedly the brain-child of Diezani Alison-Madueke.
The oil barons are believed to have contributed $88.35million of the $115million (N23.29b) released by her to Fidelity Bank.
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