Everything We Know So Far About Esther Nnamdi-Ogbue And The $43.4m, N23.2m and £27,800 Recovered By EFCC


Some days ago, $43.4million, £27,800 and N23.2million was discovered in a residential building at Osborne Towers, Ikoyi, by the Economic and Financial Crime Commission after a tip-off by a whistle blower.

Sahara Reporters reported this morning that the money belongs to the former Managing Director, Operations at the Nigeria National Petroleum Corporation, Esther Nnamdi-Ogbue.

Esther Nnamdi-Ogbue was sacked alongside three other Managing Directors over a major scandal that involved the illegal use of about 130 million litres of petrol imported by the NNPC downstream..

On getting to the apartment, EFCC reportedly discovered money in two of the four bedroom apartment with the US dollars, British pound sterling, and some naira notes in sealed wrappers.

The house was said to belong to a former PDP chairman, Adamu Mu’azu. He has now issued a press release to say he developed and sold the property some time ago, so the apartment does not belong to him.

Esther Nnamdi-Ogbue’s Lawyer, Emeka Etiaba has spoken to press about the allegation, he said:

Our client is as shocked as many other Nigerians at the uncovering and recovery of the said sums of money and wishes to salute the courage and efforts of the EFCC in the war against corruption.” he said.

“She also wishes to commend the whistle blowing policy introduced by the Federal Government in the fight against corruption which policy has resulted in large scale uncovering and recovery of monies and assets.’’

“It is our client’s belief that the source and ownership of the said uncovered sums of money are known or eventually will be known by the EFCC in due course. There is, therefore, no need for conjecture or speculation,’’

In a new development, Sahara Reporters has now also issued a statement on their twitter account saying;

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