Saturday, 9 January 2016

How I disbursed N100million Anenih gave me — Olu Falae

How I disbursed N100million Anenih gave me — Olu Falae

The PREMIUM TIMES are reporting that A former Secretary to the Government of the Federation, Olu Falae, has given more details on how he disbursed N100million he received from a leader of the Peoples Democratic Party, Tony Anenih, ahead of the 2015 elections.


The money was part of at least $2.1 billion allegedly diverted by a former National Security Adviser, Sambo Dasuki, from arms purchase to politicians.

Mr. Falae has admitted receiving the funds from Mr. Anenih, a former chairman of the PDP Board of Trustees.

On Saturday, Mr. Falae told PREMIUM TIMES by phone that the fund was received through the account of his party, Social Democratic Party, before it was distributed to the state branches of the party.

He also dispelled the statements by some party members that they were not aware that the N100million was received by the party from the PDP, for the elections.

“It is true I received the money for the party and then it was distributed to the state branches of the party for onward distribution to other levels of the party,” he said.

“The money came through the party’s account and it was through this account that the monies were distributed.

“The account is there for everyone to verify. I can assure you that all the branches of the party in the states received the money.”

Mr. Falae said it was unfair for some party members to claim that they were not aware of the donation, because their respective branches were informed and received the money.

“We have over 200,000 people in the party, am I supposed to go around telling every one that I have received the money,” he asked.

Mr. Falae noted that once the party leaders were involved, they reached out to those at the grassroots.

“I have my integrity in tact,” he said. “I was a former MD of a bank, I was a former minister and a former secretary to the government of the federation.

“Once they cannot link us to the Dasuki thing, they are coming up with all sorts of things.

“Based on my integrity, these allegations should be discarded. At 78, what will I be doing with public funds.”