Olu Falae Confessed He Got N100 million From $2 Billion Arms Deal

Former Secretary to the Government of the Federation(SGF), Chief Olu Falae has reportedly confessed to collecting N100 million from Peoples Democratic Party (PDP) chieftain,Tony Anenih out of $2 billion in funds allegedly laundered by former National Security Adviser (NSA), Sambo Dasuki.

Falae revealed that the money was given to his party, Social Democratic Party (SDP), to campaign for former president,Goodluck Jonathan during the 2015 general elections, New Telegraph reports.

“In the build up to the presidential election, the PDP approached the SDP which I chaired. The then ruling party solicited for our support in order for President Goodluck Jonathan to win the March 28 presidential election,” Falae told New Telegraph on Thursday, January 7, 2016.

“Anenih related with me as the chairman of the PDP BoT and I did same as the SDP National Chairman. He wrote to me as PDP BoT chairman and I wrote back as SDP National Chairman stating conditions/terms for the alliance. I have the record.

“It is true that N100 million was given to my party to endorse and work for the Jonathan’s candidature in the 2015 election. We used the money for that purpose and we effectively campaigned for the PDP since we did not have presidential candidate in the election. The money was not for me.

“Thank God I’m a retired civil servant. I have all the documents to prove all that transpired between the two parties.

“With all the money PDP has and having spent 16 years in power, how would I know that the money was from the arms deal? No reference was made to the arms deal. So, they should not bring me into the arms issue. The relationship was purely interparty affairs,” he added.

Anenih has confessed to receiving N260 million from Dasuki saying that he didn’t benefit from the money but only shared it as instructed.

Dasuki is at the center of the massive money laundering investigation and is alleged to have supervised the looting of the funds which were meant for the procurement of arms for Nigeria's military.

He was arrested by the Department of State Services (DSS) on December 1, 2015 and handed over to the EFCC the day after.

Source: Pulse