Stella Dimoko Obanikoro Allegedly Refunds N100m To EFCC


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Saturday, October 29, 2016

Obanikoro Allegedly Refunds N100m To EFCC

The detained former Minister of State for Defence, Sen.Musiliu Obanikoro, has refunded the sum of N100m to the Economic and Financial Crimes Commission.

A top associate of the former minister, who confided in our correspondent, noted that the former minister had yet to be released after the payment of the N100m as of the time of filing this report by 9pm on Friday.

The EFCC had given a bail condition to Obanikoro, who has been in custody since October 21, 2016, to refund the sum of N100m as a major condition for his bail.

However, the commission was said to have questioned his claim that N785m of the N4.7bn traced to Silva McNamara, was spent on the campaign against Boko Haram in Lagos and other parts of the South-West.In his statement to the commission, Obanikoro had said that he paid the sum of N2.3bn to the Governor of Ekiti State, Ayodele Fayose and another N1.7bn to Sen. Iyiola Omisore.

He had said that N200m was spent on surveillance activities and another N200m and N385m on operations under the supervision of Silva McNamara, a company in which, the commission says, he has interest.
Punch cullage.

*wow,Despite all his denials and tweets?Hmmmmm!!!


  1. Mtcheww not interested in politics biko

  2. Why are they still borrowing if millions and billions have been returned??.. Buhari na thief you be

  3. The fear of prison is the beginning of wisdom!!!☺☺

  4. We pray Efcc should use the money on what is going to profit the nation........

  5. Where can I steal 1 billion naira and return 500million naira and walk away a free man..nonsense so returning 100million is now news

  6. My own is.. why are we still broke?? I mean where are all them monies EFCC has been retrieving from all these thieves and looters? Who is now in charge of the monies? How is it spent?

    1. Kindly send a mail to d Minister of Finance for further clarification(s).

  7. Imagine that. After all the robust replies. Awon ole. Agbaya. And im paying N465 to $1. God will punish all who got us to this point. Awon amunise Olorun

  8. Stella you forgot to add allegedly to this report. That said, 50zillion returned yet the president wants to borrow in trillions. Kwaruption indeed

  9. We don't even know were all the returned stolen money's are you

  10. Obanikoro refund 100m naira? Part of the money he got from dasuki? Only a fool will refund money he didn't receive. Yet the foolish, shameless, corrupt, incompetent otuoke saying that dasuki used all the 2.2b dollars to purchase watefare

  11. Dey ar all criminals n shameless leaders


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