Falae didn’t receive N100m from CBN – SDP

The Ondo State Chapter of the Social Democratic Party (SDP) Tuesday reacted on behalf of its national chairman, Chief Olu Falae over allegation that the elder statesman received N100million from the Central Bank of Nigeria (CBN) in 2014.

The party, who denied the allegation, described it as a falsehood and a further attempt to smear the name of Falae.

It was reported in the national dailies on Tuesday that Fani-Kayode, Goodluck Group, Falae’s firm, Udenwa and Onwuliri, Nenadi Usman and Okey Ezenwa received 3.14billion from the CBN.

The report, particularly said, Falae allegedly received N100m through Marreco Limited, a company where he is chairman and that the fund was credited into the company’s United Bank for Africa Plc account No. 1000627022 on March 25, 2014.

But, a statement issued by the state publicity Secretary of SDP, Remi Olayiwola, in Akure, the state capital insisted that the only money received by the party and its Chairman was transferred by the Peoples Democratic Party, (PDP) through its former Chairman, Board of Trustee, Chief Tony Anenih.

The party spokesman noted that Anenih had earlier confirmed that the transaction was based on a written inter- party agreement which existed between the two parties before the last presidential election.

He described the latest publication as a calculated aimed to further embarrass Falae and the SDP.

He said; “It has failed in the past and it will fail again no matter how many times our detractors attempt to smear out name for obvious political reasons.

“The EFCC at one point said that the N100m was from Dasuki, a lie which has now been effectively debunked. Now they are claiming that money was from a company known as Joint Trust Dimension Nigeria Limited, an entity totally unknown to Chief Falae and SDP

“We wish to inform the general public that it is the same amount sent by the PDP to the SDP as a result of their inter- party agreement that is now being re- presented to the public through another dubious channel in order to portray Chief Falae and SDP in bad light.

“We wish to state with all emphasis at out command that Chief Olu Falae and SDP never had any business, dealing or any transaction whatsoever with either the Central Bank of Nigeria or the Joint Trust Dimension Limited mentioned in the report.

“With the foregoing, we wish to advice those concerned to desist henceforth from this campaign of calumny, character assassination and trial of the innocent on the pages of newspaper.”