A former Accountant-General of the Federation (AGF), Jonah Ogunniyi Otunla, and an ex-Comptroller-General of Customs, Abdullahi Inde Dikko, refunded N6.3 billion and N1.9 billion respectively, to the coffers of the Federal Government to avoid being prosecuted.
Otunla was the AG-F between 2011 and 2015 while Dikko was the Customs’ Comptroller General between 2009 and 2015.
While Otunla was said to have returned N6,392,000,000.00; Dikko was also said to have returned N1,596,000,000.00 (naira equivalent of $8million, computed at N197 to a United States dollar the prevailing exchange rate at the time).
Details of the deals leading to the refunds are contained in documents Otunla and Dikko filed in court to back up the suits they instituted against the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and other related offences Commission (ICPC).
In the suits, they queried the decision of the anti-graft agencies to insist on prosecuting them on corruption charges after they were told to make refunds in lieu of prosecution.
Otunla claimed that the now suspended acting Chairman of the EFCC, Ibrahim Magu, promised him that he would not be prosecuted, should he return funds traced to him, companies linked to him, and his associates.
He stated that sometime in 2015, he was invited by a team of EFCC investigators, probing alleged diversion of funds from the Office of the National Security Adviser (ONSA) and the Power Holding Company of Nigeria (PHCN) pension funds.
Otunla said he met with Magu in the course of the investigation, when the then acting EFCC chair told him to “refund the monies linked to your companies and nobody will prosecute you.”
He said based on Magu’s promise, he had a reconciliatory meeting with the investigator, where he immediately undertook to make available some funds as refunds.
In line with the agreement, Otunla said one of the companies linked to him – Stellar Vera Development Ltd – refunded N750m; another company – Damaris Mode Coolture Ltd – refunded N550m, while the two firms later made additional joint refund of N2,150,000,000.00.
He added that, at a point, he raised several bank cheques for N10m in favour of the EFCC which he handed to its Economic Governance Section.
Otunla said in all he made a refund of N6,392,000,000.00 to the Federation Account through the EFCC.
He is praying the court, in the suit he filed against the EFCC, to, among others, hold that in view of the assurance given to him by Magu, which informed his refund of the money, he could no longer be prosecuted for his actions while in office.
Dikko, said he entered an agreement with the Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami “to return $8m or its equivalent in naira atN197 to a dollar.”
Dikko explained, in one of the court documents, that shortly after he retired, he entered in an agreement on May 25, 2016 with the AGF and the Director General of the State Security Service.