The Managing Director of Paste Poster Company Limited, Olusegun Idowu, on Wednesday said his firm is owed N24m for the printing of ex-President Goodluck Jonathan’s campaign posters for the 2015 presidential election.
Idowu made this disclosure while giving testimony in the N4.9bn fraud case brought against the director of media and publicity of the Goodluck Jonathan Campaign Organisation, Femi Fani-Kayode.
The case, which is being heard in the Federal High Court, Lagos was instituted against the defendant by the Economic and Financial Crimes Commission (EFCC).
Speaking in court, Idowu said the N24m is a part of the N54m poster-pasting and consultancy jobs that his firm did for the Goodluck Jonathan Campaign Organisation in the build-up to the last general elections.
According to him, his company was paid N30m cash in tranches of N6m and N24m for consultancy and printing of the ex-President’s campaign posters, while another N24m remained unpaid till date.
Standing trial alongside Fani-Kayode are a former Minister of State for Finance, Nenadi Usman; Danjuma Yusuf and a company, Joint Trust Dimensions Limited.
The defendants were arraigned before Justice Rilwan Aikawa on 17 counts bordering on conspiracy, unlawful retention of proceeds of theft and money laundering.
They, however, pleaded not guilty to the charges.
