The Economic and Financial Crimes Commission has frozen the bank account
of a company belonging to a former Secretary to the Government of the
Federation, Chief Olu Falae, The Punch reports.
It was gathered that the account with the United Bank for Africa titled
Marecco Nigeria Limited with number 1000627022, was frozen as part of
investigations into the N4bn disbursed by the Goodluck Jonathan Campaign
Organisation during the build-up to the 2015 presidential election.It would be recalled that Falae had received N100m on behalf of his
party, but said he was not aware that the money belonged to the
Government and it wasn’t a personal fund but something he got on behalf
of his party.
