
The Economic and Financial Crimes Commission (EFCC) has
released the chief executive officers of two Nigerian banks after the
men returned billions of naira they had illicitly acquired from
political slush funds during the administration of President Goodluck
Jonathan.
Two EFCC sources told SaharaReporters that Sterling Bank’s CEO, Yemi
Adeola, who was arrested on Wednesday in a raid on his bank by EFCC
operatives, was released last night after he deposited a payment of N5
billion. According to one of our sources, the money returned by Mr.
Adeola was in partial restitution for a transaction of $88 million he
received from Nigeria's former Petroleum Minister, Diezani
Alison-Madueke.Mr. Adeola is expected to pay back a total of N17 billion to the recovery accounts of the Nigerian treasury within two weeks.







