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Dasukigate: EFCC to charge Falae with money laundering

24 August 2016, 15:23

Abuja - The Economic and Financial Crimes Commission is set to arraign a former Secretary to the Government of the Federation, Olu Falae, for allegedly receiving N100m from the Goodluck Jonathan Campaign Organisation during the 2015 General Elections, Punch reports.

The N100m was part of at least $2.1 billion allegedly diverted by former national security adviser, Sambo Dasuki, from arms purchase to politicians.

Dasuki himself is currently facing charges over the misappropriation over the over $2b meant for the purchase of arms for the Nigerian military to fight the war against the Boko Haram insurgency.

A document indicated that the commission would charge the ex-SGF and one-time Minister of Finance with conspiracy to indirectly retain the sum of N100m “which he ought to have known formed part of the proceeds of an unlawful act to wit: stealing, thereby committing an offence contrary to Section 18(a) of the Money Laundering (Prohibition) (Amendment) Act, 2012, and punishable under Section 15(3) and 4 of the same Act.”

Falae had, earlier in the year, admitted collecting the N100m, but said he did not know that the money emanated from the account of ONSA.

The EFCC had last month quizzed Falae, over his alleged role in the $15bn arms scam according to News24.

Falae was grilled for several hours and was allowed to go home on the condition that he would return in the next two weeks.

- News 24


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