$2.1b arms cash: Ex-minister flees over Osun, Ekiti polls
EFCC traces N1.450b to four firms

Official says PDP got funds for election

How much of the $2.1 billion arms purchase cash went into the Ekiti and Osun states governorship elections?

What role did a former minister play in the alleged diversion of the funds?

These are some of the questions the Economic and Financial Crimes Commission (EFCC) is battling to answer in its probe of the phoney arms deals that set the treasury back by millions of dollars.

The cash was wired into the former minister’s accounts, the anti-graft agency is believed to have discovered.

Governorship elections were held in Ekiti (June 2014) and in Osun (August 2014).

But the former minister, one of the leading lights of the Peoples Democratic Party (PDP) in the Southwest, has sneaked out of the country.

It was learnt that he may relocate from his hideout because it is considered as “unsafe” for him.

There are fears that if he remains in the hideout, his extradition for trial would be easier, a source told The Nation.

The source said: “The huge funds were paid into the accounts of the ex-Minister for elections in the two states.

“There are allegations that the funds were not disbursed as expected because the candidates had their own campaign funds.

“Although some military and security personnel were to benefit from the slush funds, they were also shortchanged.”

Some bankers who managed the accounts have already given some information to EFCC investigators.

“But we have discovered that the ex-Minister has sneaked out of the country. As soon as we establish his whereabouts, we know what to do,” the source said.

The Nation could not reach the former minister last night.

It was gathered that another N1.450billion fraud had been uncovered by the EFCC following revelations by one of the accused persons on trial.

The discovery is contained in the heap of evidence filed in the court by EFCC for the trial of 10 suspects.

The money was paid into some accounts which were submitted by a “former Accountant-General” whose identity the suspect in the Office of the National Security Adviser(ONSA) refused to disclose.

“I could remember the following companies and account numbers were submitted by the former Accountant -General which we paid monies into. Below are the companies and amounts so far paid: Stellavera Dev Company(N300m); First Aralac Global Limited(N300m); First Aralac Global Limited(N100m); Damaris Mode(N300m); Stellavera Dev Company(N200m) and Whese Farms Ltd(N250m).

“I was directed to pay monies into the above accounts. I do not know what the monies were meant for, “ the accused person said.

Meanwhile, a Staff Officer, Account 1, Yazidu Ibrahim has disclosed that most payments from the ONSA were meant to pursue the PDP presidential election.

He claims to have payment vouchers of all funds remitted to PDP beneficiaries, companies and contractors.

He made the disclosures in a statement made to EFCC as a witness.

Ibrahim said: “My duties include recording financial transactions and to keep custody of all duplicate copies of financial transactions. Also to prepare bank reconciliation statements and to collect statements from all banks.

“The year 2014-2015 transactions were mainly to support the presidential election of the ruling Peoples Democratic Party (PDP).

“Those payments to contractors or individuals by deposit into their accounts were based on instructions from the DFA. The tellers are attached to the payment vouchers.

“All payments to contractors are based on directive from DFA. Sometimes, there is accompanying document; most times, there is nothing except account details of contractors.”
http://thenationonlineng.net/2-1b-arms-cash-ex-minister-flees-over-osun-ekiti-polls/

Mtcheew.

Buhari will take 4 years to probe dasuki while our economy becomes like that of Greece.

Op that ur source didn't also tell u that one of the beneficiaries of the arms money is currently sitting in aso villa acting all immaculate and saintly. We Nigerians are watching to see if others involved will go to jail while the saint of aso villa will walk free.


Omo na me first comment on this thread ooooo, mama, papa, junior, aboy,nnene mk una come see una son don b FTC on the last monday of the last week of the last month of the year 2015.


Sign of better things to come in 2016.

Lalastical oya move this danfo enter front page. U know as e d be na.

The nemesis of defrauding Nig.,will catch up with him wherever he runs to.He will be repatrated whenever his attention is needed...Fayose how far? Are you feeling the heat?

why flee, is He a fly?
but Mehnn! sure the entire country didn't benefit from the Gate?
it's like we will all be goin to court in the end

aguizm:
Mtcheew.

Buhari will take 4 years to probe dasuki while our economy becomes like that of Greece.

Op that ur source didn't also tell u that one of the beneficiaries of the arms money is currently sitting in aso villa acting all immaculate and saintly. We Nigerians are watching to see if others involved will go to jail while the saint of aso villa will walk free.


Omo na me first comment on this thread ooooo, mama, papa, junior, aboy,nnene mk una come see una son don b FTC on the last monday of the last week of the last month of the year 2015.


Sign of better things to come in 2016.

Lalastical oya move this danfo enter front page. U know as e d be na.

but bro, this one everything about you is last, last, last.

I think you should rather be going to a pastor instead of calling ur family

.

Obanikoro

Koro na wa ooo.

Koro run Koro run faster Koro run ... Koro far but we go catch you! #bringbackourmoneykoro

This money no dey finish

ogdada:
This money no dey finish

I tire 4 dem o,

FastShipping:
Obanikoro

U dey read mind oo

Badboiz:

U dey read mind oo

FastShipping:
Obanikoro

Naah, i have a feeling it is Jelili Adesiyan, the alleged facilitator of Bola Ige's murder & former Police Affairs Minister...

Nice
But I feel it's high time we started seeing real results apart from all this news paper convictions
Time waits for nobody
The federal government should treat this case with urgency and get all this stolen cash back on time

In as much he is still in this planet called earth,he will be fished out.

Nigeria must be great again!!!

Ex-Minister: The man that said "Look, I'm not here for a tea party, I've been sent here by the president"

Musiliu Obanikoro is in trouble! I knew it wouldn't take long before he is implicated. I didn't know the clown had already ran out of Nigeria. Little wonder PDP South-West has been awfully quiet. I can only see Fayose visiting Punch soon to raise alarm over Buhari's determination to kick him out.

Abacha would have gone down as the greatest thief ever to rule Nigeria but to think that some persons will share what someone stole all his life among themselves and some religious leaders has only made Abacha an archaic looter.

Next up: Pastor Ayo "AyoBlingz" Oritsejafor

Lost interest reading this from the very first paragraph.

I find our press reportage very irritating sometimes. "The former minister" this, "the former minister that". Wtf! Is mentioning his name abominable If na person wey steal chicken now, dem for make one bold portrait of am, type him name for capital letter den show us!

Rubbish.

He can run but he can never hide. If innocent,why is the motherless pig running?

omenka:
Lost interest reading this from the very first paragraph.

I find our press reportage very irritating sometimes. "The former minister" this, "the former minister that". Wtf! Is mentioning his name abominable If na person wey steal chicken now, dem for make one bold portrait of am, type him name for capital letter den show us!

Rubbish.

My guy chill. It has been Nigeria's way of life for decades. The rich will steal and walk freely with the stolen money while the poor men will be paraded with whatever they stole on their neck.

Obanikoro, hmm

It seems the devil wants to succeed over Fayose.

#ekitigate

ObiOkpor:

My guy chill. It has been Nigeria's way of life for decades. The rich will steal and walk freely with the stolen money while the poor men will be paraded with whatever they stole on their neck.

It is very irritating honestly. They'd strip you down to your boxers which you must then wear inside-out, chain your legs, cuff your hands, sit you on the ground and then place some rusty guns beside you. Afterwards, they'd invite all the press-men in the country to come take pictures and make videos of you!!

When you steal in the billions, they "invite" you to the station, or "visit" you at home.

Ok now!

Nameless ex-minister? This is why I prefer the hot sauce from SR and PT. They no dey look Uche face.

I will wait for their version complete with names,location of suspects and time of transactions.

Even when no man chases them, they will continue to run

Name the Minister abeg and put a price on his head. Nigerian youths will hunt him or her down and drag him to the nearest police station for the reward.

Dikko 2.0

aguizm:
Mtcheew.

Buhari will take 4 years to probe dasuki while our economy becomes like that of Greece.

Op that ur source didn't also tell u that one of the beneficiaries of the arms money is currently sitting in aso villa acting all immaculate and saintly. We Nigerians are watching to see if others involved will go to jail while the saint of aso villa will walk free.


Omo na me first comment on this thread ooooo, mama, papa, junior, aboy,nnene mk una come see una son don b FTC on the last monday of the last week of the last month of the year 2015.


Sign of better things to come in 2016.

Lalastical oya move this danfo enter front page. U know as e d be na.

Rubbish

Please can you supporters of corruption stop saying 'we nigerians'? Is it not clear from the last elections that the majority of Nigerians reject your gospel of protection of corrupt folks?

4 years? Surely you jest. 2016 will be the year many of your patron thieves become permanent residents of Kuje Prisons. I hope you find it in your heart to visit them when that time comes

PDP..........................................................share the money
But seriously, if after all this brouhaha no one is convicted then Buhari anti corruption crusade is as good as mothing.

That's when you know that SHIT just hit the fan

This $2.1b no wan gree finish. Criminals popping up everyday. They bit more than they could chew, billion no be small number.