N4.7b fraud: I gave Fayose $5.377m in cash – Obanikoro

N4.7b fraud: I gave Fayose $5.377m in cash – Obanikoro
N4.7b fraud: I gave Fayose $5.377m in cash – Obanikoro

N4.7b fraud: I gave Fayose $5.377m in cash – Obanikoro

Barely 24 hours after his detention, former Minister of State for Defence, Sen. Musiliu Obanikoro has implicated Governor Ayodele Fayose in the N4.745billion wired to a company linked to him by the Office of the National Security Adviser(ONSA).

The said cash was wired into the company, Sylva Mcnamara within seven months in 2014.

He said N2.23billion was transferred to Fayose out of the slush funds.

He said out of the sum, he handed over $5,377,000 to Fayose in cash and N1.3billion was received by the governor’s associate, Mr. Abiodun Agbele.

He admitted that the N1.3billion was flown to Akure airport in two chartered flights for delivery to Agbele.
The money was sourced from $2.1billion meant for arms from the Office of the National Security (ONSA).

Obanikoro, who opened up to EFCC detectives however said he is not the owner of Sylva Mcnamara that was used to transfer the funds to Fayose.

But he defended why the money was remitted to Mcnamara including the warding off of a plot by Boko Haram to attack Lagos.

Accompanied by his lawyer, Mr. James Onoja(SAN), the ex-Minister was confronted with a petition from ONSA which was dated November 28, 2015.
The petition was titled “Payment to companies with no contract awards or approval.”

The Nation

ENJOY FREE CONTENTS FROM US
IN YOUR EMAIL

Breaking News, Events, Music & More

ENJOY FREE CONTENTS FROM US
IN YOUR EMAIL

Breaking News, Events, Music & More