Wednesday, 27 April 2016

EFCC seizes two houses belonging to former minister

The Economic and Financial Crimes Commission, EFCC has reportedly seized two houses belonging to Senator Nenadi Usman, a former Minister of Finance.Nenadi-Usman
Usman was last week, arrested in connection to the N2.5bn arms deal which was allegedly paid into her company account, Joint Trust Dimensions Limited, and another N140m allegedly paid into her Zenith Bank Account.

Punch Newspapers reports that while Usman had returned N23m to the Federal Government and also promised to return more money, the EFCC has also sealed off her properties in Abuja.
According to a source at the anti-graft agency, “Since she has been cooperating with us and has also returned some money, she will be granted an administrative bail. She seems to have some health challenges. Also, releasing her will give her the ability to return more funds.”

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