Stella Dimoko Korkus.com: Arms Cash Theft- Former Minister Obanikoro Returns N30m But Still Owes FG N417m

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Thursday, 2 February 2017

Arms Cash Theft- Former Minister Obanikoro Returns N30m But Still Owes FG N417m

former Minister of State for Defence, Senator Musiliu Obanikoro, has returned a fresh sum of N30m to the Economic and Financial Crimes Commission, with a promise to pay a balance of N417m .


Calculations by our correspondent showed that the former minister has now returned N167m to the Federal Government.


A reliable source told PUNCH that the former minister paid the money from his Diamond Bank account to the EFCC Recovered Funds Account.

“He has made a payment of N30m, his first instalment in 2017. He is also reporting at the EFCC as he should.”

The ex-minister, who returned to Nigeria in October 2016, after spending about 15 months in the United States, was accused of receiving N4.7bn from the Office of the National Security Adviser under the leadership of Col. Sambo Dasuki (retd.).


Obanikoro had said in his statement of oath at the EFCC that after receiving the money in 2014, he gave N1.219bn to the then governorship candidate of the Peoples Democratic Party in Ekiti State, Mr. Ayodele Fayose, while N1.3bn was given to the PDP governorship candidate in Osun State, Senator Iyiola Omisore.


He also confessed to giving Fayose a separate $5.377m at Spotless Hotel in Ekiti State in the presence of party stalwarts, including the then PDP state secretary, Mr. Tope Aluko.

Obanikoro was said to have kept about N785m for himself, which he allegedly spent while campaigning ahead of the PDP governorship primary in Lagos State, which Mr. Jimi Agbaje won.


However, the EFCC asked him to return about N584m, out of which he has returned N167m.


14 comments:

Yori Yori Princess Loveme Jeje said...

He has tried. Na wa thief thief too much for this country

glowy shoe said...

All this tush thiefs...God will intervene and shoe us mercy.. Not our will but thine alone..

Glowyshoes's blog

Highness Gwen said...

I see u love shoes@glowy shoe

Uka Chidinma said...

stella, police ban tuface from
protesting in Lagos.

Uka Chidinma said...

stella, police ban tuface from
protesting in Lagos.

Miss Ess said...

He is getting there

Chigozirim Ella E said...

Whaaaaaaattttt????? All that money for one man???
What was he gonna do with it???

Can the curruption in this country ever be cubbed?

Anonymous said...

Blood of Zachariah.while I never eat since morning..there's Godooo

Omotejowho said...

Hmmm, na today dem dey thief moni for naija, hmm....he was caught, people stole more and are still stealin more

peace maker said...

I guess no APC member took govt money

Anonymous said...

That's why there has been less noise from his yellow yoruba actress mistress that has a beauty parlour. As Oga dey return all the money he tif him dey vex gaaaan

BLUNT CHIC said...

Kosi koro... Kosi Egbo.

Raada rada!

Anonymous said...

What a country. Somebody stole this much, fix it in bank and is gradually returning the interest to the government, and people are applauding him. By returning all these money, is it not admission of guilt? Somebody steal food to eat, and gets jungle justice, the politicians and their allies steal billions, government will just invite them for plea bargain where they state the terms and conditions before they return the money. Imagine returning #30m and promising to return almost half a billion. Only God know exactly how much this man stole.

FRESH said...

Trouble for Fayose loading. I laugh in Yoruba.For those of you who do not know,he entered a plea bargain with EFCC.He will be used as material witness against someone in 2018.Shikenan!

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