Home / Featured / N244m NFLL money: They will cough out that money – Giwa

N244m NFLL money: They will cough out that money – Giwa

*Fear of what I will do made them concoct a FIFA ban

*Zenith Bank paid the money with fake utility bill

By Olajide Fashikun

Factional president of Nigeria Football Federation (NFF) Ambassador Chris Giwa has raised alarm over the mystifying disappearance of N244million broadcast rights payment in favour of NFLL and lodged with EFCC in Lagos division. He promised the money would be coughed back.

According to sources close to Nigeria Football League Limited (NFLL) which claimed that a body called Club Owners Association which is alien to the Articles and Memorandum of NFLL successfully convinced the EFCC to move the funds into NFLL account in Zenith Bank.

www.gongnews.net got the whiff of this investigation from a contribution from an Abuja-based lawyer whose report was published on Tuesday that a fictitious Abuja water board bill was all that got Zenith Bank to agree to move the funds to an alleged newly opened Club Owners Sterling Bank account in Nassarawa State.

The Chris Giwa-installed management Committee of the Premier League claimed to have made every effort to stop Zenith Bank Wuse branch, Abuja from releasing the N244million to no avail.

The management further claimed that when it became apparent that with release of the money by the EFCC, the interim management cried out that the Abuja corporate headquarters of NFLL is under bank hammer and needed only N100million to save the building. The pleas fell on deaf ears.

Tragically, within the last few days, the NFLL had been evicted from the building whilst the N244million has completely evaporated largely into private hands who brought fictitious, unauthorised, unapproved claims which these individuals claim they have as outstanding.

Factional President of NFF, Ambassador Chris Giwa, when reached wondered why the financial crime agency will release the lodged funds in its care on the alleged grounds that the money will be used to pay salaries arrears of players, coaches etc.

He also wondered what was the rationale behind the instigator of the petition, Harrison Jalla-led National Association of Nigerian Footballers (NANF) receiving 20% commission which translates to a whooping N48million.

Ambassador Giwa says NFLL has no contractual obligation with players, coaches etc who are all direct employees of the clubs with the attendant loss of the corporate head office of NFLL.

He vowed to get to the bottom of the disappearance of the N244million. Everybody involved will cough out that money I promise you. That is part of my promise which they heard and went to weave a laughable ban from FIFA for me and my colleagues elected on 26th August.

Ambassador Giwa said, “no players or coaches were directly paid from what we gathered.”


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