The ex-minister allegedly received the said sum from a former Minister of Petroleum Resources, Diezani Alison- Madueke, to influence the outcome of the 2015 presidential election as the coordinator of former President Goodluck Jonathan’s re-election campaign committee in Yobe State.
Kadai was deputy coordinator, while the other three defendants were members of the committee.
This was contained in a statement on Tuesday, by the EFCC spokesman, Wilson Uwujaren, titled, ‘N450m fraud: EFCC re-arraigns ex-minister, Bulama, four others in Yobe.’
The defendants were said to have pleaded not guilty to the charges and the prosecution counsel, Mukhtar Ahmed, asked for a trial date.
He also prayed the court to remand the defendants in a correctional centre pending the determination of the case.
“Justice Aminu, after listening to both parties, admitted the defendants to bail in the sum of N50m each with two sureties in the sum of N25m each,” the statement added.