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Wednesday, March 16

Falae, SDP Blow Hot, Speaks on N100m Allegedly Collected From CBN

Chief Olu Falae

Chief Olu Falae and the SDP have gone after the EFCC for reporting in the public sphere that he and the party collected N100 million from the Central Bank of Nigeria.

The Social Democratic Party, SDP, yesterday denied claims made by the Economic and Financial Crimes Commission that its Chairman, Chief Olu Falae, received N100million from the Central Bank of Nigeria and the Joint trust Dimension Limited.

This view was made public through a statement issued in Akure by the state Publicity Secretary of the Party Remi Olayiwola.

According to the statement; “The party and it’s national Chairman never had any business dealing or transaction whatsoever with either the CBN or the Joint trust Dimension Limited.

“We wish to inform the general public that it is the same amount sent by the Peoples Democratic Party, PDP, to the SDP as a result of their inter-party agreement that is now being re-presented to the public through another dubious channel in order to portray Chief Falae and the SDP in bad light.

“It is falsehood. It has failed in the past and it will fail again no matter how many times our detractors attempt to smear our name obviously for political reasons. The party noted that.
"On many occasions in the recent past , Chief Falae had reiterated that the sum of N100m was transferred by the PDP through its former Chairman, Board of Trustee, chief Tony Anenih to the SDP through him as the National Chairman of his own party.“

“It is also a statement of fact that the national secretariat of the SDP has confirmed through a widely publicized Press Conference that the N100m was received in full by the party having remitted to the party account by Chief Olu Falae.”

“We strongly believe that this new story is yet another attempt aimed at further embarrassing Chief Falae and especially the SDP which the initiators now perceived to be towering in the Politics of Nigeria .
“The EFCC at one point said that the N100million was from Dasuki, a lie which has now been effectively debunked.
“Now they are claiming that the money was from a company known as Joint Trust Dimension Nigeria Limited, an entity totally unknown to Chief Falae and the SDP."

It would be recalled the EFCC on Tuesday alleged that N100 million was traced to the account of Chief Falae while N840million was traced to the account of Chief Fani Kayode and some members of the PDP ahead of the last presidential polls.

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