The Publisher of ThisDay Newspaper, Nduka Obaigbena, may have refunded N350m to the Economic and Financial Crimes Commission from the N670 million he collected from former National Security Adviser, Sambo Dasuki. A top operative of the commission told the Punch newspaper on Wednesday that Obaigbena refunded the money on Tuesday. The operative said he still has an outstanding of N200 million which he is expected to return next week. After being implicated in the arms procurement scandal, Obaigbena voluntarily gave himself over to the EFCC on January 29, 2016 he was released 24 hours later after signing an undertaking to refund the money within 14 days. The 14-day period of grace will expire next Tuesday.
“The Publisher of ThisDay Newspaper, Mr. Nduka Obaigbena, has returned N350m out of the N670m he received from the ONSA,” the source in the anti-graft agency told one of our correspondents on Wednesday. “The Publisher is expected to return the rest N200m next week. You know that he signed an undertaking to return the money before they released him. That undertaking expires on Tuesday next week.’’ Obaigbena had admitted receiving N670m from the ONSA in a response to the EFCC last month. He explained that N120m of the money was given to the Newspaper Proprietors’ Association of Nigeria as compensation for losses incurred during the military clampdown on newspaper houses in 2015. Several media houses, which received the compensation, have returned the money.
Source: The Punch