Stella Dimoko Obanikoro Allegedly Says ''We Spent N785m On Anti-B’Haram Campaign in Lagos'' … Confirms Giving N1.7bn To Omisore


Advertisement - Mobile In-Article

Thursday, October 20, 2016

Obanikoro Allegedly Says ''We Spent N785m On Anti-B’Haram Campaign in Lagos'' … Confirms Giving N1.7bn To Omisore

The ongoing interrogation of the former Minister of State for Defence, Musiliu Obanikoro, entered its third day on Wednesday with the ex-minister saying that N785m out of the N4.68bn, allegedly collected by him, was spent on souvenirs and other items to promote anti-Boko Haram campaign in Lagos.

Obanikoro is being grilled by the Economic and Financial Crimes Commission in connection with disbursement of N4.68bn, the anti-graft commission claimed was collected by the ex-minister in the run-up to the governorship election in Ekiti State in June 2014 and Osun State in August 2014.

The ex-minister, who flew in from his United States base on Monday and reported to the EFCC, admitted on Wednesday that he transferred N1.7bn of the money to the 2014 governorship candidate of the Peoples Democratic Party in Osun State, Senator Iyiola Omisore.

“He told the panel that the N785m was spent on procurement of souvenirs for the campaign against Boko Haram in Lagos out of which N200m was spent on surveillance activities and N200m out of other remaining funds for operations was managed by the supposed owner of the company, Taiwo Kareem,” a source in the commission added.

It was stated that Obanikoro told the panel that Dasuki was worried when a bomb blast supposedly rocked Lagos, adding that he was committed to ensuring that there was no recurrence.
He told the operatives that Dasuki told him that a recurrence would have grave implications not only on Lagos but also on the entire economy of the country and should be stopped.

Obanikoro was said to have explained that it was at that point that Silva McNamara was introduced to the former NSA.
A top operative of the commission, who spoke to punch correspondent on Wednesday, stated that Obanikoro said the money was paid into the personal account of Omisore and accounts of companies nominated by the former Osun State deputy governor.

The former minister was said to have asked the EFCC to get the details of the transactions from the banks already identified.
The source did not, however, mention the names of the banks involved in the transactions involving Omisore.

He alleged that out of a total of N4.685bn paid into the account of Sylva Mcnamara, a company linked to Obanikoro’s sons, Babajide and Gbolahan, a total of N3.880bn was paid to the Governor of Ekiti State, Ayodele Fayose, and Omisore for the 2014 polls in the two states.

It was stated that the funds were paid through cash and bank transfers.
The operative quoted Obanikoro as having told the EFCC interrogators that he handed over the dollar equivalent of the funds to Fayose in the presence of some PDP leaders.

The source said, “The former minister, Obanikoro, is still with the commission. The investigation is still ongoing and he cooperated and answered the questions put to him.He admitted that he transferred N1.7bn to Senator Iyiola Omisire out of the N4.685bn paid into the Silva Mcnamara’s account on the instructions of Col. Sambo Dasuki, the former NSA.

“He said a total of N3.880bn was transferred to Fayose and Omisore from the N4.685bn that was transferred to the company account of Sylva McNamara.
“The former minister told the commission that Tope Aluko (the then Ekti State Secretary of the PDP) and other PDP leaders were present when the dollars were handed over to Fayose, who took them to a room next to where they met.”

The ex-minister also stated that the former National Security Adviser, Col. Sambo Dasuki (retd.), did not tell him what the funds were meant for.

WOOOOOOW...This is the first time all those indicted by EFCC in this armsgate scandal will give such details.....WOOOOOOOOW!!!


  1. I have a feeling that this man is implicating innocent people to gain his freedom. This is mere propaganda.

    1. So he will just start calling names for calling sake. Wont they still investigate first?

    2. And you're wondering why dollar is 490. The were using dollars to play when we were selling plenty oil at $120. Thank God for removing GEJ. Dollar would have been $1 - N2000

  2. This is getting out of hands o

    *Larry was here*

  3. fear fear man. See the way he is singing like a canary. Shame

  4. Seems this Obanikoro is the cause of this recession.... He is evil 4 all I care. People r suffern daily & some v to steal cos of hunger... And face jungle justice cos of evil idiots like him.

  5. I'm speechless.

    Fayose that kept denying will now keep mute.

    The money they are calling sef. like say na pure water. I know we would come out of this recession before the 3rd quarter of 2017.

  6. This comment has been removed by the author.

  7. I keep on hearing and reading about recovered looted funds by EFCC, but I have not for one day see the money or where it is been used to solve some Nigeria problems.
    Osibanjo will come now and start telling me that the recovered looted funds is not enough to solve 10% of Nigeria's problem.
    This is a typical case of ekpelima (hard-core criminal) stealing from onye ori(thief)
    I'm not impressed.

  8. Replies
    1. Lies upon lies!...
      I'm sure Obanikoro didn't say some if not most of these things!...

      How will Vuharia's government move this country forward when all they feed Nigerians are lies from the pit of hell?...

    2. This is why I love you queen of the blog.

  9. He might be right coz I remember Boko haram attempted to infiltrate Lagos at the peak of the insurgency


Disclaimer: Comments And Opinions On Any Part Of This Website Are Opinions Of The Writers Or Anonymous Persons And They Do Not Represent The Opinions Of

Pictures and culled stories posted on this site will be given due credit and is not the fault of if website culled from misrepresents source of story.

If you have a complaint or a story,Please Contact Via
Mobile Phone +4915210329280