True Confession by Olu Falae how he chopped 100million Naira

How I Spent Stolen N100million Given To Me - Falae

Speaking to Premium Times, Falae said the fund was received through the account of his party, Social Democratic Party (SDP), before it was distributed to the state branches of the party. The 78-year old also dismissed statements by some party members that they were not aware that the N100,000,000 was received by the party from the PDP, for the elections.

He said: “It is true I received the money for the party and then it was distributed to the state branches of the party for onward distribution to other levels of the party.

“The money came through the party’s account and it was through this  account that the monies were distributed.“The account is there for everyone to verify. I can assure you that all the branches of the party in the states received the money.

“We have over 200,000 people in the party, am I supposed to go around telling everyone that I have received the money.

“I have my integrity intact. I was a former MD of a bank, I was a former minister and a former secretary to the government of the federation.

“Once they cannot link us to the Dasuki thing, they are coming up with all sorts of things.“Based on my integrity, these allegations should be discarded. At 78, what will I be doing with public funds.”