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#DasukiGate: Nduka Obaigbena Allegedly Returns N350m


According to a Punch report, publisher of ThisDay Newspaper and owner of Arise Networks, Nduka Obaigbena has returned N350 million to the Economic and Financial Crimes Commission (EFCC).

The report says that Obaigbena is expected to return an outstanding sum of N200m to the commission next week.

You’ll recall that media tycoon was given a two-week ultimatum on January 29, 2016 to refund N670m which he allegedly received from the office of embattled ex-National Security Adviser, Sambo Dasuki.

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Obaigbena had insisted that former President Goodluck Jonathan made a pledge to compensate his newspapers outfit for a Boko Haram attack after he paid the outfit an inspection visit. Other media houses which received the compensation have reportedly returned theirs.

He was released 24 hours after signing an undertaking to refund the funds before next Tuesday’s expiration of the ultimatum.

The Publisher of ThisDay Newspaper, Mr. Nduka Obaigbena, has returned N350m out of the N670m he received from the ONSA. 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,” the report quotes a source in the anti-corruption body on Wednesday.

Nduka Obaigbena is not having the best of times as his Arise TV has gone off air in London because of a £3m debt.

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