EFCC uncovers more funds linked to ex-minister, Allison-Madueke, arrests MD of First Bank

The Economic and Financial Crimes Commission says it has uncovered additional $72.87 million linked to Diezani Allison-Madueke the former minister of Petroleum Resources, domiciled in Fidelity Bank Plc.

EFCC’s spokesperson Mr Wilson Uwujaren revealed this in Abuja on Wednesday. He said a former Managing Director of Fidelity Bank Plc, Nnamdi Okonkwo has been arrested in that regard.

What the EFCC is saying

Mr Uwujaren said Mr Okonkwo’s arrest was part of an ongoing investigation on Mrs Allison-Madueke.

He said Mr Okonkwo had earlier been interrogated by EFCC alongside Charles Onyedibe over $153 million and $115 million.

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 whereabouts of the new $72.87 million,” Mr Uwujaren said.


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