N90bn election fund: Osinbajo ready to waive immunity for probe, sues two

Vice President, Yemi Osinbajo, has expressed willing to waive his constitutional immunity to allow probe into fraudulent allegations levelled against him.

Mr Osinbajo made this known Wednesday afternoon while reacting to insinuations in some quarters that his recent travails has nothing to do with 2023 presidency but bordered on misuse of N90 billion allegedly given to him for the prosecution of the last general election in favour of the ruling party.

After some government agencies under him were redeployed, it was reported that President Muhammadu Buhari took the above action in a bid to whittle down the political influence of the number two citizen.

A national daily in a recent report credited to the former deputy national publicity secretary of the ruling All Progressive Congress (APC),  Timi Frank, said the ordeal of the number two is caused by an alleged N90billion given to him from the coffers of the Federal Inland Revenue Inland Service (FIRS).


Mr Osinbajo has demanded an apology from the national daily for allowing its platform to be used in disseminating the allegation.

The demand is contained in a letter written by his legal counsel, Femi Falana.

Reacting to the allegation, the vice president said he is ready to waive the constitutional immunity from prosecution which he enjoys to clear his name.

“In the past few days, a spate of reckless and malicious falsehoods have been peddled in the media against me by a group of malicious individuals,” Osinbajo said in a statement reproduced on his social media accounts.


“The defamatory and misleading assertions invented by this clique have been making the social media rounds anonymously.

“I have today instructed the commencement of legal action against two individuals, one Timi Frank and another Katch Ononuju, who have put their names to these odious falsehoods.

“I will waive my constitutional immunity to enable the most robust adjudication of these claims of libel and malicious falsehood,” he added.

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