EFCC Confiscates Two Houses owned by Nenadi Usman

The Economic and Financial Crimes Commission (EFCC) has confiscated 2 houses belonging to the detained director of finance of the Goodluck Jonathan Campaign organisation, Nenadi Usman.

The EFCC picked up Usman last week in connection to an alleged N2.5bn that was paid into her company account, Joint Trust Dimensions Limited, and a N140m cash was allegedly paid into her Zenith Bank Account.

Few days ago, reports emerged that she had returned N23m to the Federal Government and also promised to return more money.

It was learnt that during interrogation, Usman, a former finance minister had revealed she owns two houses in Abuja and the EFCC had promptly seized them.

A source at the anti-graft agency said, “She has been cooperating with us as she has returned N23m, and we have also seized two houses belonging to her in Abuja.”

The source revealed that Usman may be released on administrative bail soon due to ill health.

“Since she has been cooperating with us and has also returned some money, she will be granted an administrative bail. She seems to have some health challenges. Also, releasing her will give her the ability to return more funds,” the source added. Usman had on the instruction of a former Chairman of the Peoples Democratic Party Board of Trustees, Chief Tony Anenih, transferred different sums of money to several individuals and interest groups during the build up to the last elections.

Usman allegedly transferred monies to several persons through the bank account of a company, Joint Trust Dimension Nigeria Limited.

Through the said account, the Director of Publicity of the Jonathan Campaign Organisation, Chief Femi Fani-Kayode, received N840m. According to the documents sighted by our correspondent, the money was deposited into Fani-Kayode’s Zenith bank account, Maitama Branch with number 1004735721 on February 19, 2015.

Others who allegedly received money from Usman were  National Chairman of the Social Democratic Party, Chief Olu Falae, who got N100m through a company, Marreco Limited, where he is chairman. Former Special Adviser on Political Affairs, to Jonathan, Prof. Rufai Alkali was also paid N320m to be shared among 100 pro-Jonathan groups

Source: The Punch