EFCC - Osagie Ize-Iyamu under investigation for fraud of N23 billion


The Economic and Financial Crimes Commission (EFCC) has said that the governorship candidate of the Peoples Democratic Party (PDP) in Edo State, Pastor Osagie Ize-Iyamu is under investigation for money laundering.

Ize-Iyamu is being probed for his alleged role in the distribution of N23 billion which was allegedly laundered by former Minister of Petroleum, Diezani Alison-Madueke to fund the PDP’s 2015 elections campaign.
The PDP candidate was earlier questioned by the EFCC but was not detained leading to the assumption that he had been cleared of all wrongdoing.
“I can confirm to you that he (Ize-Iyamu) is still under investigation,” EFCC spokesman, Wilson Uwujaren told Punch.
Ize-Iyamu had earlier admitted that he handled about N700 million for the PDP in his position as the campaign director for the Goodluck Jonathan Campaign Organisation in Edo.
Ms Alison Madueke is at the centre of the current anti-corruption drive and is alleged to have personally supervised the looting of about $6 billion from Nigeria’s coffers during her tenure.

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