$2.1b arms deal: We did not receive any money from Olu Falae – Ogun SDP

The Ogun State Chapter of the Social Democratic Party has denied receiving any money from its National Leader, Chief Olu Falae.
Falae had said he gave the state chapters of the SDP part of the N100 million he received from the Chairman of the Board of Trustees of the Peoples Democratic Party, Chief Tony Anenih, in the days before the 2015 presidential election.
The fund, which has since been traced by the Economic and Financial Crimes Commission to the mismanaged $2.1 billion for the purchase of arms and ammunition to combat the Boko Haram insurgency by the office of a former National Security Adviser, retired Colonel Sambo Dasuki, was meant for the SDP to support the presidential bid of former President Goodluck Jonathan.
Falae had claimed he spread the money to the state chapters of the party.
However, the SDP in Ogun State, led by a former Governor of the state, Aremo Olusegun Osoba, has distanced itself from the controversial money.
The SDP in Ogun State in a statement on Sunday by its Chairman, Olu Agemo, and Secretary, Clement Adeniyi, said it was not aware of the disbursement of such fund and did not endorse the support pledged by Falae to Jonathan to realise his presidential aspiration.
It said in part in the statement: “We plead with our members and supporters who have received these untoward revelation with great shock to remain calm and await the convocation of a general meeting where these issues shall be thoroughly discussed and appropriate decisions taken.
“We assure you that the SDP in Ogun will continue to operate within ethical and moral norms as laid out in the principles of progressive welfarism established by our progenitor, Obafemi Awolowo, in the struggle to establish an egalitarian, peaceful and equitable nation.”