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updated 10:20 AM UTC, Dec 13, 2023

$43m In Lagos Apartment Belongs To Amaechi, Says Fani-Kayode

Unic Press UK: A former Minister of Aviation, Femi Fani-Kayode said on his twitter account that the $43 million [₦13.4 billion, using Oanda currency converter] and other monies found by the EFCC in an apartment in Ikoyi, Lagos, belongs to the present Minister of Transport Rotimi Amaechi.

Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC) had found $43,449,947, ₦23,218,000 and £27,800 hidden in an apartment in Ikoyi, Lagos.

Nigeria's anti-corruption agency EFCC found $43 million cash in Lagos apartment.

Nigeria’s anti-corruption agency EFCC found $43 million cash in Lagos apartment.

In his reaction to Fani-Kayode’s allegation, David Iyofor who is the media assistant to Rotimi Amaechi denounced the allegations, asking for proof that his boss was the owner of the apartment where the monies were found.

Rivers state claims ownership

In a press conference in Portharcourt on Friday, the Rivers state government claimed ownership of the monies. Governor Nyesom Wike said:

“The money in question belongs to the former Rivers State Governor, Chibuike Rotimi Amaechi. We want to confirm that the houses in Ikoyi also belong to Chibuike Rotimi Amaechi. If you recollect in 2015, we said that gas turbines built by Former Governor Peter Odili were sold to Sahara Energy, business partners of Chibuike Rotimi Amaechi at $319 million. That money was used to sponsor the All Progressives Congress for the 2015 general elections. From the date of sale of the gas turbines to May 29, 2015, the money depleted from $319 million to $204,000. What was stashed at the Ikoyi residence was part of that fund. We have  facts to prove that the said money belongs to the Rivers State Government. The Federal Government must return our money. We are giving them seven days to return our money. Otherwise, we would take legal action to recover our money. $43 million will help us complete several projects. We need that money for projects.”

There has been unconfirmed reports in several media outfits that Nigeria’s National Intelligence Agency, NIA is also claiming ownership of all the monies.

 

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