EFCC Names Oyedepo, Shagaya As Recipients Of ₦450M PDP Election Money

The Economic and Financial Crimes Commission (EFCC) on Wednesday named Sheriff Shagaya, Iyola Oyedepo and four others as recipients of the alleged ₦450,000,000 paid by a former Minister of Petroleum Resources, Diezani Allison-Madueke.

Naija News reports that the Nigeria’s anti-graft agency made this revelation before Justice Rilwan Aikwa of the Federal High Court sitting in Ikoyi, Lagos.

The anti-graft agency also explained to the court how a 2011 Kwara governorship candidate of the Peoples Democratic Party (PDP), Muhammed Belgore, spent ₦126,500,000.

Naija News understands that the prosecution counsel, Rotimi Oyedepo, asked Belgore, under cross-examination, if he gave any written instructions to disburse the money the bank was keeping on his behalf to which he replied: “It is true I did not have any written instructions for the disbursements.”

Apparently, Rotimi Oyedepo put it to Belgore that he disbursed over ₦126,500,000 to several beneficiaries through his personal assistant.

According to Rotimi Oyedepo, “Mr. Zikrullah Balogun, your Personal Assistant, made several disbursements on your instructions and received in cash ₦80,000,000; Mr. Sheriff Shagaya received ₦50,000,000; Mr. Isa Beau received in cash ₦61,656,000.

“Mrs. Shola Adeoti received in cash ₦102,298,000; Mr Iyola Oyedepo received in cash ₦9,574, 000 and Senator Sulaiman Ajadi received in cash the sum of ₦19,689,000.”

Meanwhile, Justice Aikawa adjourned the case to June 17, 2019, for a continuation of cross-examination.