Stella Dimoko EFCC Demands N100M Administrative Bail To Release Ex Minister Obanikoro


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Monday, October 24, 2016

EFCC Demands N100M Administrative Bail To Release Ex Minister Obanikoro

The family and associates of the former Minister of State for Defence, Senator Musiliu Obanikoro, are intensifying efforts to raise N100m to release him from the detention of the Economic and Financial Crimes Commission.

A source said the family had taken a decision that the former minister would not spend another week in the detention facility of the commission.
Obanikoro flew into the country on Monday last week and has since been held by the EFCC, whose operatives have been interrogating him in connection with N4.7bn traced to Silva Mcnanamara, a company in which, the commission says he has interests.

Babajide and Gbolahan, two of Obanikoro’s sons, were said to be directors of the company when N4.7bn was allegedly paid into the company’s accounts from the office of the National Security Adviser in 2014.
The money was said to be part of the amount earmarked to finance the June 21, 2014 Ekiti State governorship election, which Governor Ayodele Fayose won, and the November 2014 governorship poll in Osun State, which Chief Iyiola Omisore of the Peoples Democratic Party contested and lost.

Fayose, also of the PDP, defeated the then incumbent, Dr. Kayode Fayemi, of the All Progressives Congress, while Omisore lost to Governor Rauf Aregbesola, of the APC.

A family source on Sunday said members of the family were worried about the continuing detention of the minister because of his health and were moving to ensure that he did not spend beyond Tuesday (tomorrow) in detention.

“We are concerned about his health and we are not ready to see him still in detention beyond Tuesday this week. The man’s life is more important than the money they are asking him questions about,” the source stated.
The family source confirmed that the commission had given a condition to the former minister to raise N100m to get an administrative bail.

“If that is the only condition to see him out of detention for now, we are making efforts to raise that. You know the situation of the country now, but no sacrifice is too much to make him a free man again,” the source told our correspondent.
Investigation revealed that the operatives involved in the case were dissatisfied with the former minister’s explanation on how N785m was spent.
Obanikoro had said N785m was spent to procure souvenirs to promote a campaign against the Boko Haram in Lagos.

He had told his interrogators that N200m was spent on surveillance activities while another N200m and the balance of N385m were spent on logistics and operations under the supervision of the owner of McNamara, who he identified as Taiwo Kareem.

It was, however, gathered that while the EFCC did not question the claims of the ex-minister, which were backed with documentary evidence that he paid N3.88bn to Fayose and Omisore, they doubted the veracity of the claim that N785m was spent on the campaign against Boko Haram in Lagos.
The media aide to Obanikoro, Jonathan Eze, told our correspondent on the telephone on Sunday that there were expectations that the former minister would be released this week.

Eze called on the commission to release the former minister unconditionally since he came to the country on his own volition and had been cooperating with the EFCC since the commencement of the interrogation eight days ago.
He urged the anti-graft agency to arraign the former minister if that was the decision.

The ex-minister’s spokesman stated that Obanikoro sustained a spinal cord injury and was taking medication.
Eze added, “Everything about investigation and interrogation, as far as I am concerned, is not done hastily. In as much as I would want a situation whereby Oga (Obanikoro) would have been released by now, we have no choice than to just play by the rule.
“They have said it themselves that Oga is cooperating, and because they have acknowledged his cooperation, they should speed up whatever they are doing, so that Oga can go back.

Oga is not even strong, health-wise, so that he can go and take care of himself and considering the fact that he came on his own volition, without being arrested or declared wanted, I think he should be attended to fast.

“He is a senior citizen, he can’t do anything that is untoward and he will always be around. We just hope that this new week, he would be released unconditionally.”

punch cullage.


  1. Na small money na

  2. This Efcc ppl sha, what do they do with all these bail money if I may ask?

  3. This Efcc ppl sha, what do they do with all these bail money if I may ask?

  4. Please all these monies they collect for bail where is it channelled to?
    Curious me
    Yours sdkly dazzlinglizzy

  5. Just out of curiosity,all these money efcc is demanding and recovering here and there, where e dey?? Please let's hear abeg, this news affects my life in no way..

    Allergic to bullshite

  6. And I'm asking again,what is Vuharia doing with all these billions and millions claimed to be recovered?...
    They are still detaining FFK while others are being left to go home...
    Shame on Vuharia for using power to bully members of his opposition!...
    I'm sure you can't challenge them physically...

  7. Sounds more like administrative extortion

  8. All these Millions and billions gotten from the so called looted funds, what is Buhari doing with it. With all these kinds of money I doubt we will still be affected. By recession! What do I even know sef mtchww ,Oluwa take control!!!

  9. Lol..can't believe some of you are asking what they do with all this bail money.The bail money is refundable.It is not a fine.So as soon as the accused or suspect returns to the EFCC on the day they are required to,all bail money is refunded.Hope that answers your queations.

  10. How come we are all asking the same questions.
    I think these bodies have some explaining to do
    Yours sdkly dazzlinglizzy

  11. Anyone that challenge buhar, efcc go pursue that person. Government of vendetta.

  12. And am still asking, what have they don with the billions of Naira recovered so far? The more you look the less you see? Fighting corruption? Have they seen or verified Vuhari certificate till today? Which corruption is more than that? Too early for politiks matter. Nice week my people.

  13. N100,000,000 administrative bail. Hmmm. Please what now is the difference between kidnappers and EFCC.

  14. Mr other room give us the change we voted for and stop witch hunting

  15. Imagine them saying his life more important than the money, how about the life of those who were lost or impoverished because the said money is not judiciously used. The way these rich people think is just pathetic

  16. hmmn, and what will efcc( the corrupt free0 do with the money

  17. Seriously people. Bail money is not a fine and the 100m if paid will be refunded when he returns to efcc premises to dance to the sound of the music. So stop asking what buhari does with all the money recovered. Bail money is not "recovered" neither is it a fine. It is money that is held to ensure he returns when the efcc calls upon him and will be refunded back to him. Smh for una

  18. All these ugly girl calling themselves duchesses. I have met 2 ugly duchesses on S n M. Dont claim to be what you are not.


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