[size=14pt]Okereke-Onyiuke must return N100m donation - EFCC - Passport seized, returned [/size]
Lanre Adewole, Abuja
Friday, August 22, 2008
IF the reported stance of the Economic and Financial Crimes Commission (EFCC) is anything to go by, then the Director-General of the Nigerian Stock Exchange, Professor (Mrs.) Ndi Okereke-Onyiuke, would refund to the last kobo, the donations made to the ‘Obama for Africa’ project.







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The money realised at the controversial concert was put at over N100 million. A very reliable source within the commission revealed to the Nigerian Tribune that it had been made clear to her by the commission that the entire money realised at the ceremony must be refunded to the last kobo.



The source, who could not be categorical on her possible prosecution, added that what was paramount now was the recovery of the money before any other step would be taken on the matter.



It was further gathered that her refusal to cough up the money could eventually lead to her prosecution. Nigerian Tribune also learnt that Okereke-Onyiuke was detained overnight at the commission’s facility contrary to her claim published in one of the dailies (not Nigerian Tribune) that she slept in her hotel room in Abuja on Wednesday night.



She was also reported to have claimed that she was not in contact yet with EFCC as of Wednesday night. Commission’s spokesman, Mr. Femi Babafemi, confirmed to the Nigerian Tribune on Thursday that she was still undergoing interrogation at about 4.00 p.m.



He, however, hinted at the possibility of her release yesterday, after the investigators must have been through with her.



A source disclosed that her international passport had earlier been seized by the commission, but was later returned to her in the belief that she could not possibly run away from her prominent job.



She was missing at the Annual General Meeting (AGM) of First Bank Plc which took place in Abuja on Thursday. While denying being detained by the commission, Okereke-Onyiuke was quoted as saying that she was actually in Abuja for the First Bank event. She is said to be a director of the bank.



A source in the commission noted that she was able to make the alleged false claim because outside contacts were allowed on Wednesday, but that the grace was not availed her on Thursday following the said report, with the source saying that those in doubt should try her mobile phone to see if they would get through.



Okereke-Onyiuke was summoned and detained by the commission on Wednesday following a petition reportedly written by Lagos lawyer, Festus Keyamo, against the fundraising for the presumptive Democratic candidate in the United States presidential election in November, Senator Barack Obama.



The commission reportedly summoned her to explain who the N100 million allegedly realised at the event was meant for, following the rejection of the donation by the Obama campaign organisation.



Okereke-Onyiuke had said that the money raised at the event was not for Obama. The commission wanted Okereke-Onyiuke to explain why she spearheaded the event despite knowing that electoral laws in America did not allow such donations.




http://odili.net/news/source/2008/aug/22/607.html

Who will now pay for the whole expenditure for the dinner? Come to think of it, can't you raise money for a presidential candidate unless he's Nigeria?

@Deepzone
U.S constitutional doesn't allow it,mayb other countries may allow it.
If this report is true,kai!what would happen to money spent on Chamypne & food?So those wey come done enjoy free show lol.They should save their face by purging d money into something meaningful,like scholarship,orphange,health center,any meaningful project sha!

@Deepzone
US constitutional doesn't allow it,mayb other countries may allow it.
If this report is true,kai!what would happen to money spent on Chamypne & food?So those wey come done enjoy free show lol.They should save their face by purging d money into something meaningful,like scholarship,orphange,health center,any meaningful project sha!

If you chop, vomit wetin you chop or have the EFCC knock on your door.

@Deepzone
Vomit ke?lol,those who bought ticket may even decide to help her recoup her expenditure.

I dont know the rules of Nigeria, if there are any, on fundraising but her act appears fraudulent to say the least. .
The course for which it appeared she was raising money was invalidated by the benefactor himself Obama.
She came up with another reason for the fundraising.
I believe that if she can't provide credible evidence of what and how she has and is still mobilizing African in America to vote for Obama, she needs to face the justice system.
100 million is a large sum of money to go unaccounted for. If she is let off the hook easily any Chukwuma,Ade and Aliyu will use fundraising to jilt other Nigerians.

I don't have any sympathy for any of the 'donors'.

If the attendees can put up millions to attend the party,
I am sure they can be trusted to understand the reasons
for the fundraising.

Doesn't say much about our smarts if such, I presume, highflyers
can be so easily duped.

Why do we seem to presume that N100m was actually raised at the event?

I don't have any sympathy for any of the 'donors'.

If the attendees can put up millions to attend the party,
I am sure they can be trusted to understand the reasons
for the fundraising.

Doesn't say much about our smarts if such, I presume, highflyers
can be so easily duped.

True; If left for me, I think any amount recouped should be sent to the salvation army.

Why do we seem to presume that N100m was actually raised at the event?

It was reported they raised N88M. The sad thing about it is that she's not actually the main fund raiser, they just used her name to attract big spenders. The main people wey chop the money(mostly MEN) are behind the scene with their tooth pick in their mouth. Some of them may even be on Nairaland.

Sometimes I just wonder where all this money comes from if the country is so . . . . .

Gbese don happen, she ma don stay long for nse

Some of them may even be on Nairaland.

L O L

doyin13:

I don't have any sympathy for any of the 'donors'.

If the attendees can put up millions to attend the party,
I am sure they can be trusted to understand the reasons
for the fundraising.

Doesn't say much about our smarts if such, I presume, highflyers
can be so easily duped.

Apparently, she made it mandatory for some people to pay the money. That's why I hope she rots in jail.

If you chop, return wetin you chop. But, who go collect the money after it's returned? I think they better use it to provide books,shoes and other little items for primary school students in the north.

Aloy.Emeka:

If you chop, return wetin you chop. But, who go collect the money after it's returned? I think they better use it to provide books,shoes and other little items for primary school students in the north.

what has that got to do with subject of discusson? shoes for primary school students of the north?? ??

@ Topic
She must pay dearly for this, its a fraudulent act!
, hiding under some unfounded and dubious cover called OBAMA 4 AFRICA fund raiser to make money, We aint fools