Wednesday 24 February 2016

PDP chief in hot water over car bazaar

Detectives of the Economic and Financial Crimes Commission have been questioning the Deputy National Chairman of the Peoples Democratic Party, Prince Uche Secondus for allegedly receiving 23 exotic vehicles from a business associate of former Petroleum Resources Minister, Mrs Diezani Alison-Madueke.

Secondus was quizzed for about eight hours at the Abuja headquarters of the EFCC after his arrest on Wednesday.

His ordeal is said to be ruffling feathers in the PDP, especially among some of the party's leaders who benefited from the curious car gifts.

The vehicles are alleged to have been purchased with funds sourced from unremitted crude oil receipts.

An EFCC source said that the ex-Minister's associate whose name is yet to be disclosed has been in their custody for about three weeks.

“We have detained Secondus to assist the EFCC in its ongoing investigation of how oil receipts were diverted to the purchase of 23 vehicles.

“A business associate of ex-Minister of Petroleum Resources, who operates a private upstream oil and gas company, confirmed that the accruals from oil revenue was used to buy the said vehicles.

“Our operatives stumbled on these records in the course of going through the Strategic Alliance Agreements (SAAs) with the Nigerian Petroleum Development Company (NPDC).

“We have quizzed Secondus for about eight hours and he has made a statement. But we are yet to admit him to bail until the investigation gets to a convenient bend,” said the source.

The source disclosed that the EFCC has evidence that oil revenue was used to fund the political campaigns of the PDP.

“This is not the first time that oil cash has been diverted to campaign activities in 2015. Some indigenous oil companies were directed to finance PDP’s campaign.

“For instance, the N10 billion disbursed to delegates at PDP nomination convention was withdrawn from the CBN/ OAGF Signature Bonus Account.”

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