Musiliu Obanikoro has accepted to make a refund of the Money

Musiliu Obanikoro The former Minister of State  Defence,Senator has accepted to make a refund of 785 Million Naira which he has Collected from the Office of National Security Adviser (ONSA).

The ONSA Says that about N4.685 billon was transferred to Sylva

McNamara Limited,and the company is allegedly linked to the ex- Minister.

Obanikoro told EFCC inquisitors  N3.880 billion of the N4.685 billion was allocated to  Ayodele Fayose

Governor of Ekiti State and Senator Iyiola Omisore.

Read also: Muhammad Lawal Mai Doki has been kidnapped

Dr. Tope Aluko and other party stalwarts. A source, who spoke in confidence, said:

“The ex-minister has been cooperating with detectives and he appears willing to refund some cash out of the N785 million traced to Sylvan McNamara.

“I think his associates and friends have rallied around him, having discovered that the bulk of the cash from ONSA went to Fayose and Omisore.

“I think he might initially refund N100 million to get bail reprieve in order to

prevail on others who benefited from the N785 million to repay the slush funds.

“The refund is one of the issues delaying the granting of bail to the ex-minister.”

and Obanikoro had said: “The balance of N785 million were used to prosecute the following: 1.

procurement of souvenirs for the promotion of anti-Boko Haram insurgency in Lagos; 2. N200million

for surveillance activities; 3. N200 million and other remaining funds were for operations managed by Taiwo Kareem.

Leave a Reply

Your email address will not be published. Required fields are marked *